Anyone know why everyone seems to be selling?

Besides , MRP would hardly use IC to make an annoucement or an update , it's like being on Fantasy Island here sometimes...

apparently Tony Mason is at the calvin site... could it be he is there to oversee it coming online, tomorrow could be a very big day for us

He can't be in Calvin , because he is here with me drinking champagne.....

espaceman- well tell him to hurry up with an rns then!

ph- full of c**p!.

Yep I agree , Lizard !

itsinthebag - 14 Feb'06 - 11:07 - 8173 of 8186


This was forwarded to me this morning from 'kulecat' on iii board. I hope he won't mind me posting it here.


Subject: RE: Operations Update
From: "Tony Mason" Add to Address Book
To:
Date: Mon, 13 Feb 2006 11:22:35 -0600

Dear Sir,
I can assure you that the company is moving as rapidly as it possibly can. There will be a further update in the next few days. We will be in a position to announce once certain things are completed in the USA.

It is my belief that the institutions in question have in fact ceased selling. Please be assured that we have good support from these and other institutions and in fact some may even be adding to their positions. Some consider RAB Capital to be a hedge fund and are cautious in interpreting their trades in various equities.

Regards,
Tony Mason.

Anthony J. Mason,

CEO Meridian Petroleum PLC
Meridian Resources, USA, Inc
Meridian Resources Australia, Pty
(T) 713-599-1611
(C) 713-201-6883
(F) 713-552-1641


--------------------------------------------------------------------------------
From:
Sent: Mon 2/13/2006 11:15
To: Tony Mason
Subject: Operations Update


Dear Sir

As an investor and supporter of the company, I am rather perturbed by the daily large institutional selling. We are in need of an operations update as the markey has been spooked by these sells and would like some reassurance that we are on track.

Regards

On a nice little run , due to the news.

Meridian Petroleum PLC
14 February 2006


14 February 2006


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

ORION LEASE SIGNED


Meridian Petroleum (AIM: MRP), the oil & gas company with key assets in the USA
and Australia, today announces that it has signed a lease on the Orion field
(100% Working Interest) located in Oakland County, Michigan.

Based on data from earlier wells, the lease contains a proven and probable shut
in reserve of 3 BCF of gas in place with approximately 2.7 BCF recoverable.
The gas content is pipeline quality after treatment and also contains
condensate.

The Niagaran reef was previously drilled in the late 1980's and early 1990's but
was shut in due to hydrogen sulphide emissions and the absence of appropriate
treatment technologies. Meridian's proposed use of 'sulphur treat' towers, a
technology now widely used for this type of gas treatment has been accepted by
the Michigan Department of Environmental Quality (DEQ).

Flow rates on the previous wells averaged between 2 to 4 mmcf per day plus
condensate and Meridian anticipates achieving similar flow rates from its
proposed new well location. The bottom hole location of the new well will remain
the same as the previous wells but will be accessed from the surface via a
directional drilling leg.

The proposed new well location is on a partially used asphalt pit adjacent to a
major gas pipeline.



Anthony Mason, Chief Executive of Meridian said:

'We are delighted to have signed up this significant shut in gas reserve in
Michigan State. Subject to permitting and equipment availability, we expect to
begin drilling operations early in the second quarter of this year.'



Enquiries:

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

Westhouse Securities (020 7601 6100)
Richard Morrison

so happy to be in sub 16p lets keep this little gem quiet

news out this afternoon again, get in quick

Looking good today Spudhead

Tue, 14th Feb 2006, 17:05

--------------------------------------------------------------------------------
Shares in Meridian Petroleum jumped after the oil and gas company signed a lease on the Orion field located in Oakland County Michigan.

The group said based on data from earlier wells, the lease contains a proven and probable shut in reserve of 3 BCF of gas in place with approximately 2.7 BCF recoverable.

"Flow rates on the previous wells averaged between 2 to 4 mmcf per day plus condensate and Meridian anticipates achieving similar flow rates from its proposed new well location," added the group.

Spudhead, your last post was old news, will there be another further RNS?

the way the buys are going through it seems if news is not far off.

Spudhead is famous for saying "news out soon" he doesn't really know...

it brightens my afternoons up waiting for spuddies newsflashes....!!

news of tomorrow, keep your eyes peeled ;-)

institutional buyers ... looks good

LOOKS LIKE A PLACING IS TAKING PLACE, ORDERS ARE BEING FILLED.. COULD SEE A PRICE ON OFFER OF 16p

VERY NICE