Bought into IVE this morning, purely on speculation only... small time though. Don't know much about them though ! in for a penny in for a pound and all that.
Got out of TPG (dead loss and falling away fast)

IVE is a strong buy at 2.3p

every now and again I am seeing posts/rumours on other boards that some exciting news that we don't know about is about to be released with the interims, is there any proof in the pudding?

I know shale news is BIG for IVE but what else could it really be?

Nice post hlyeo98, must be a better buy now.

even stronger buy now, why pay 2.3?
on a more serious note who has a comment about the results today?

topped up at ~2p[broker said 1.9 but showing on am as 2.0p]
bit miffed my order failed this morning at 1.8[only cos I could have got more shares for my money]


Woodie,
this bit convinced me to top up:
We are operating in a relatively low risk environment and have put together a land position and project portfolio that we believe has the potential to yield substantial value going forward. With the results of the above programmes, we expect production rates and the resulting cashflows to increase significantly over the coming months and further updates will be made in due course before the year end.

there are no guarantees but the promise looks good,DYOR etc
Alex

Agreed Robert, keep setting those buy orders for dips below 2p as IVE is so under-valued and now has an experienced management team to make the right decisions and take this company to the next level

broker note confirms in @1.9p :)

Hardman Report out ...

http://www.capmarkets.com/ViewFile.asp?ID1=105301&ID2=262920213&ssid=1&directory=12925&bm=0&filename=Irvine_10_Oct2008.pdf

Re-confirmed as BUY in Investors Chronicle, at 1.45p trading at 30% discount to current assets. With further new from drilling in conventional, shale gas and CBM and likelihood of increasing reserves then once this settles IVE should see a considerable re-reating from here.
The one thing still for sure is that oil and gas will always be needed and despite the current financial market blip, world demand is and will remain higher than ever before and in USA they are determined to be less reliant upon foreign energy supplies which puts IVE firmly in focus whether they become significant producer or get bought up by a larger player.

OPEC tells IMF bearish oil market to persist
AFX


WASHINGTON, Oct 11 (Reuters) - The global financial crisis and worsening economic outlook is likely to sustain a bearish oil market and this poses a risk of oversupply in the first half of 2009, OPEC said on Saturday.

'The overall bearish sentiment in the market is expected to persist, particularly since there seems to be no quick end to the current financial market crisis or the worsening economic outlook,' Mohammad Alipour-Jeddi, head of OPEC's petroleum studies department, said in a statement to the International Monetary Fund's steering committee.

this is from FT-opinions from few dirr sources,current drop in consumption and prices is a short term blip.over med-term analysts feel bullish on energy commoditiesand iron ore. both are badly needed in china and india and other emerging countries to build infrastructure. world has not discovered new oil fields or mines, nor have record high production cost plunged. it is important not to lose sight of long-term picture.one of the reason for a consumption slow down was due to the olympics in china, where lot of factories and construction were closed.
-IMF, agrees with that view, warning in a recent report that many fundamental forces behind the price surge-particulary eemerging countries robust demand and supply-are still at work and are keeping price high in the absence of a sharp global downturn.as soon as consumption recovers prices will increase again!!!

bernstein predicts oil at mid$70 next year.executives,analysts and bankers agree that the commodities boom is not dead yet.in addition the current period of low prices and credit crunch will delay project in china and the rest.meaning that the supply in future will be lower than forecast!!!

just read in IC-us gov predicts oil prices for 2008-2009 at $112.also they are 23mln bo under its reserves, and opec productions cuts, how much? we'll find out next week!!!

The Sunday Post share watch.


With the recent sharp falls in share prices there are now a few with a price around 1p. One that looks interesting is Irvine Energy, which is developing oil and gas projects in the United States, particularly in Oklahoma and Kansas which are reckoned to be particularly prolific oil and gas-producing areas. the company faced some production hiccups but its current drilling programme if fully financed at 1.25p Irvine Energy shares are an interesting speculative buy.

A lot of these reporters have just left school.

Don't get too excited.

What a prat!!!

Meaning do your own research! - yes that was my first thought.

poo for poo. out of order there mate

Had a look at the price of gas recently?

You are too dismissive, as I said do your own research.

But here is some help.



Bet you never saw that in a newspaper report alongside those nice items.

Simply they need to produce nearly double to stand still from July 2008. They can of course but it wont help the sp till the above chart turns again.

I'm sure it will, one day.

Till then I am an ex holder.

Good luck with you investment.

Shame about the sp on this one....lost a packet here !....back into Nighthawk today (not for the quick buck)....not enough cash to come back in here as well !.