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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

Oil and gas down at the moment but hurricane "Ike" might change all this if it heads towards Texas.....expect a sudden surge in prices if there is going to be damage and disruption to the huge installations that way !.

whoopsadaisy! ...... did i just spot sp zipping though 200 dma? ...... sure did, but heading for Antarctica

My chart shows Antarctica in the 80 & 90's.....hopefully MRP will get there!!

cynic..the shorting city scumbag wanker

Hope he's closed (or do i..) - with potentially impressive results out next week we are heading up imo. Good times.

do i gather that some of you think i have shorted this stock? ...... would that i had! .... but with such a minute cap, prob not even possible

hey cynic, what u done to maestro.....u seem to have upset him

no idea, but i suspect he has bought heavily into this, being yet another dud ..... he seems to have portfolio consisting of nothing else

Maiden profits announced on Thursday?

Orion2 permit has been applied for soooooo not long till drilling beings imo.

Interims out tomorrow.

why the friggin fall?

I could not agree more. Good RNS and as far as consolidation goes, one of my biggest successes was Dana Pet who did just that. Can it be a bit of tree shaking for a big buyer - no - thats stupid isn`t it ! !

Plenty of companies would wish to be able to put out figures like that in their results, in this day and age!

maiden profits,healthy bank balance and plenty happening in the coming months.

on what is actually a pretty good day on the market, though oils are admittedly a bit mixed, the reaction to MRP's figures does nothing to promote confidence

Peeps are not keen on the consolidation I guess....not sure I am either but the figures look good and plenty in the pipeline with drilling etc...so holding tight.

that's the prob .... nothing significant actually in that pipeline yet, except hope and some blue sky

Drilling 2-3 wells at ELV, drill Orion2, seismics in Oz + drill Dolores....plenty in the pipline now.

drilling ain't oil, though i accept you'll never find the one without the other!

Drilling isn't oil, however the ELV 2-3 wells are proven so very low risk and Orion2 is next door to Orion1....Oz is the total wildcat and until the seismics are done no one really knows although RPS put the potential as very large should it come in.

26th September 2008







MERIDIAN PETROLEUM plc

('Meridian' or the 'Company')




Director/ PDMR Shareholding







Meridian Petroleum (AIM: MRP), the oil and gas exploration and production Company with producing assets in the USA and exploration licences in Australia, announces that it has today been informed that the following Directors of the Company have purchased ordinary shares of 5p each ('ordinary shares'):




Stephen Gutteridge, Chairman of Meridian, purchased 200,000 ordinary shares at a price of 6.5p per share on 25 September 2008 and 160,000 ordinary shares at a price of 6.5p per share on 26 September 2008. Following this notification, Mr Gutteridge now has a total beneficial interest in 960,000 ordinary shares, representing 0.99% of the issued share capital of the Company.




David Wake-Walker, non-executive Director, purchased 125,001 ordinary shares at a price of 6.5p per share on 26 September 2008. The ordinary shares purchased are in the name of The David Wake-Walker Pension Scheme, a registered pension scheme of which David Wake-Walker is the sole beneficiary. Following this notification, Mr Wake-Walker has a total beneficial interest in 250,002 ordinary shares, representing 0.26% of the issued share capital of the Company.