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)

Thanks john.

with K1S posts stating financing is sorted, the email floating about that there is a board meeting this week with an announcement to follow and the HB note stating irvine is anytime now going to release news things are about to move and shake imo......

Here is the pointers

1) from HB note at the beggining of the month.....
'Irvine is currently negotiating with Metro over its own contribution to the cost overruns and an announcement laying out the terms agreed between the two parties is expected within the coming weeks'.

http://www.hoodlessbrennan.com/EasysiteWeb/getresource.axd?

2)From Irvine themselves....

Dear *****,

We are having a board meeting next week and expect to make some announcement by then if not earlier.

I hope this provides a suitable focus for you.

Kind regards

Kate Thompson

Irvine Energy

3)From K1S (who has been spot on) mentioned funding is sorted and back on track shortly.....

These coming weeks for all this should be about now and could finally get us moving in the right direction. All 3 sources above state news is coming and 1 of the 3 state funding sorted, the 2nd of the 3 says the announcement is on its way and the 3rd thinks it is imminent. also 1 of the 3 think Niobrara is being sold.

Harman and co following one of my posts put on their website that IVE had a new publication which wasnt linked, 1 of the 3 have also said they are saying they are sitting on news also.

Whatever the news is above? there is certainly some company changing announcements coming imminently and although 2 of the 3 vary on what the good news could be? whether its gasrock back or sale of assets. It will make IVE financially stable and allow gasrock to be back on (if this isn't the news to come) so all in all, very positive.

One of the above must be right, one of them is from the horses mouth. All 3 are insinuating the same things so fingers xxxd.

My gut is telling me that we may be in for a very positive surprise ;-)

I am buying again although the above is my understanding and isnt investment advice, all imo dyor etc etc.

Good luck all ;-)

"My gut is telling me that we may be in for a very positive surprise ;-)")

So it would seem.

I will watch with interest, how they achieve funding in this climate will be interesting.

I go along with the thoughts that the OPEC cuts will now push oil and gas prices up to a better, more acceptable level.

Thiongs could well be about to change here.

I hope you are right.

meeeee too!

wait for oil stock numbers in US before making a move.

http://news.bbc.co.uk/1/hi/world/americas/7851038.stm

A great start to the week.

Looking better.....beware though..it could be another false dawn ! we've been here many times before!

Hold on for the ride is my opinion.

It'll have to be some ride just to get back to 4.5p my break even point !

lol... well its a start..!

False dawn ?

almost all of jan heavy trading???

http://news.bbc.co.uk/1/hi/business/davos/7857791.stm

Exploration and production minnow Irvine Energy (IVE:AIM) has achieved first output from its recently acquired project in Oklahoma. At 600 million cubic feet of gas a day, production is still relatively modest but the company is hopeful of increasing output by many multiples in the medium-term.

Along with its partner Metro Energy the firm is currently working up the 111,250 acres it owns in Oklahoma and Kansas. Irvine is focused on drilling shallow wells, targeting conventional reserves alongside shale gas and coal bed methane, for which there is good rig availability at a reasonable price.

The group plans to drill a total of 90 wells across the whole of its acreage by the end of 2009 and expects both its Niobara and Kansas oil projects to be on stream by the end of the first half.

IVE suspended. Doesn't look good.

No...it stinks...planning for the worse...have written these off now...if the come back it'll be at a much lower sp...very disappointing!

Bad news which I could well do without.

Seems to have crashed and may be about to burn, just when things looked to be turning around.

Don't suppose the deflated price of gas has helped much, but then I did highlight reduced revenues from that, they are overstretched because of that imo.

May be able to turn it around with more equity perhaps.

Bad luck to holders, we all find ourselves in this or a similar position from time to time.

Energy company seeks AIM suspension (Offshore247)