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Meridian Petroleum PLC
04 April 2006

MERIDIAN PETROLEUM PLC
('Meridian' or 'the Company')

VICTORY 1-21 SUCCESSFULLY COMPLETED


Meridian, the oil & gas exploration and production company with key assets in
the USA and Australia today announced that the Victory 1-21 production well (10%
WI) has been successfully deepened in order to further penetrate a Niagaran
reef.

Using a coiled tubing unit and conventional work over rig, Total Depth was
reached at 4,394 feet and gas communication was made between 4,161 feet and
4,192 feet, an increase of approximately 31 feet in net pay. The well was
treated with acid to stimulate flow and is currently being swabbed to remove
remaining acid from the well bore following which the well will be put back on
line this week. It is anticipated that enhanced production rates will be gained
from the additional pay sections in the reservoir.

Anthony Mason, Chief Executive of Meridian said:

'The successful deepening of Victory 1-21 is good news for Meridian. The well
will be back on line this week, following which Meridian will resume receiving
income from Victory 1-21. We are now looking forward to the imminent completion
on Calvin 36.'

Don Caldwell, a certified petroleum geologist, is the Company's Qualified Person
and has reviewed the information in this announcement.


Enquiries:


Meridian Petroleum (020 7409 5041)
Tony Mason, Chief Executive

Westhouse Securities (020 7601 6100)
Richard Morrison

Citigate Dewe Rogerson (020 7638 9571)
Media enquiries: Martin Jackson / George Cazenove
Analyst enquiries: Nina Soon


This information is provided by RNS
The company news service from the London Stock Exchange ND

cynic,

LOL...Kivver is not a holder of MRP, although I am sure he is more than able to speak up for himself...;0)

See post by Kivver......13 Jan 2008 23:30 - 305 of 352

Definately keep an eye on mrp and be ready when I feel it positve and sustainable upward movement.

Kivver - big apology due! ...... clearly getting blind in my old age ..... comprehensively failed to see the "NOT"

That will explain why you cann't see MRP as a screaming buy then Cynic!!! lol

i see chav as a screaming idiot instead!

Politeness went out the window along with the eyesight I see.

indeed - but don't take it personally!

My skin is thick but I like to think my brain isn't!

hmm! jury out on that one - lol!

give it a rest cynic for heavens sake...u r ruining the thread

as i have told you before, when i want your advice i'll give it to you ...... go and slither back over hadrian's wall .... you never know, you may find some more "true (wannabe) brits there"!

thats his intention scot

Peace Ladies and Gents, stop throwing Haggis at each other, in the meantime ; what's this ? : MRP up, rest of the market down, unusual !

British Bulls concur!

MRP Meridian Petroleum PLC '' 7.75 7.75 8.00 7.25 8.00 3.23% BUY CONF

Warning, shares can go up as well as down.

quite right too ..... lost my usual more benign if warped sense of humour .... sorry chaps

More down than up these days Oily.

doubt that you will see much blue anywhere today, unless Wall Street recovers some equilibrium

Opened up to a sea of red to find that it was another "prick in the wall" (street) day - thought about digging the garden or washing the car - and then thought better -

MRP held on level today which was a miracle looking at the rest of the market.
Interesting to see if Tony Mason's ex holds on to her 6 million shares till the value go's up.

Don't forget MRP is a peanut stock compared to the market. Who cares?