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Oil junior trading profitable with cash and big potential (MRP)     

chav - 23 Apr 2009 14:03

www.meridianpetroleum.com

http://moneyam.uk-wire.com/cgi-bin/articles/200909240700095757Z.html
http://www.meridianpetroleum.com/admin/News/Docs/2008%20Results.pdf

http://www.meridianpetroleum.com/admin/News/Docs/Operations%20Update%20March%2009.pdf

http://www.oilbarrel.com/news/display_news/article/conference-report-2-petroceltic-international-targets-multi-tcf-resource-in-algeria-meridian-petro/771.html



Producing Oil/nat gas from the ELV field/USA....45% of Oil/Gas produced hedged at $100/bbl and $10.90 per mcf)

http://www.oilbarrel.com/fileadmin/content/pdfs/oilbarrel/presentations/merid%20pres.pdf


Drilling ELV.....Suspended until gain consent for sidetrack...casing and wellhead left in for future re entry

3D Seismics have been shot on PEL82 Otway Basin Australia....results are excellant!
PEL 82 Potential resource increased from 150mbbls Oil tooooooo 430mbbls Oil!

Chart.aspx?Provider=EODIntra&Code=MRP&Si

Also trading on Plusmarkets
http://www.plusmarketsgroup.com/data.shtml?ISIN=GB00B3DDP128/GBX/PLUS-exn

chav - 29 Sep 2009 08:14 - 80 of 149

Lets hope that no one helps the MM's out by selling them some cheap shares,

chav - 30 Sep 2009 10:32 - 81 of 149

Still a shortage of shares for the MM's to sell on..pressure building nicely.

LR2 - 30 Sep 2009 11:29 - 82 of 149

Absolutely. And all that buying lately. Just how far underwater are they willing to go before they come up for air.

chav - 30 Sep 2009 13:42 - 83 of 149

Dams bursting with every buy.

LR2 - 30 Sep 2009 15:42 - 84 of 149

Yep, it says it all when, day after day, you can only get 1k on line but can sell 50 times or more that amount.

Where's Maggie? Are you out there Maggie putting the champagne on ice?

maggiebt4 - 30 Sep 2009 17:11 - 85 of 149

Never mind the ice!! Hic! They won't be getting any of my shares, looks like I'll break even before I get the zimmer frame. Keep up the good work guys!

LR2 - 30 Sep 2009 18:18 - 86 of 149

Good for you Maggie. I'm after a gold plated zimmer myself. At least 2 MM's short of stock and getting shorter by the day. How on earth are they going to square that circle?

In the immortal words of Damon Albarn -

It's not my problem
It's not my problem
Woo hoo.

chakli - 30 Sep 2009 19:57 - 87 of 149

maggie topped today .Where is the info for MM if they are short of stock to be found for any share .

LR2 - 30 Sep 2009 20:21 - 88 of 149

It's not made public. You have to follow trades and MM positions very carefully to get a reasonable idea. There are 2 MM's that are attempting to pick up any stock sold by us PI's so that they can balance their books. Of course if you could find a broker with enough contacts at the MM's that would help too.

Bluelyingking - 30 Sep 2009 21:40 - 89 of 149

Its been a long time coming, but it'll be worth the wait. ;-)

chav - 01 Oct 2009 13:28 - 90 of 149

Still moving up.....can only see the speed of the SP increases getting faster as we get closer to JV/drilling news....talking with 15-20 interested parties suggests a good deal in MRP's favour.

chav - 02 Oct 2009 09:20 - 91 of 149

Bit of a shake on this morning.

LR2 - 02 Oct 2009 10:56 - 92 of 149

Is that a regular habit of yours in the morning or something special for the weekend?

chav - 02 Oct 2009 13:11 - 93 of 149

Nothing wrong with a hard shake in the morning LR2, especially if you're short!

LR2 - 02 Oct 2009 13:24 - 94 of 149

And boy are some people short Chav. Shake away MM's. Chav & I hold hard and long.

maestro - 05 Oct 2009 07:06 - 95 of 149

STILL ONLY 7P IN OLD MONEY..PATHETIC REALLY

chav - 05 Oct 2009 10:11 - 96 of 149

8p actually maestro but you are right that 8p is pathetic given that it got up to 40p pre-production/ELV deal and having 3D indicating 430 million bbls in the ground in Oz.

Shares still seem to be thin on the ground for MM's to sell on:-)

chav - 06 Oct 2009 08:22 - 97 of 149

If the buying continues today then could see a significant rise in the sp.

chav - 06 Oct 2009 10:44 - 98 of 149

Buying continues...starting to move up.

chav - 12 Oct 2009 08:18 - 99 of 149

Quiet time waiting news on Oz JV.
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