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)

More good news...should have positive impact on the sp

Irvine Energy PLC
03 September 2007

Irvine Energy PLC / Index: AIM / Epic: IVE / Sector: Exploration & Production



3rd September 2007

Irvine Energy Plc

('Irvine' or 'the Company')



Completes Acquisition of Niobrara Oil & Gas Project



Irvine Energy plc, the AIM listed oil and gas exploration company, has completed
the acquisition of the Niobrara oil and gas project situated in Kansas, USA.



The Niobrara project comprises 4,490 acres of oil & gas licences in north-west
Kansas. The Company's working interest will be 50%. The area includes 20 well
bores completed in the Niobrara Formation of which 13 tested at 50 Mcfd each.
All 20 wells will be put on line in late summer early autumn at a cost of
approximately US$0.5 million. The total projected production from the twenty
wells is 1,000 Mcfd, of which 500 Mcfd will be net to Irvine.



A further 80 well locations have been delineated for expansion and it is
estimated that 24 will be completed by year end 2008, with an additional 56
wells to be drilled in 2009. These wells are shallow, circa 1,500 ft, and can be
drilled and completed in less than one week at low cost.



The Niobrara play in north-west Kansas has been extremely active, with Berry
Petroleum recently acquiring over 400,000 gross acres around Irvine's area of
mutual interest. This further underpins the management's belief of the
prospectivity of the area.



As announced on 16 July 2007, the Company's unaudited estimate of the net
attributable reserves of the Niobrara project is: Proven ('1P') 2 BCFE; Probable
('2P') 9 BCFE and Possible ('3P') 9 BCFE. Further work will focus on upgrading
the reserves to the proven category.



The Company continues to undertake due diligence on the remaining assets
described in the announcement of 16 July 2007 and the Board currently expects to
complete the acquisition of them by 15 October 2007.



The information contained in this announcement was completed and reviewed by the
Managing Director of Irvine Energy plc, Mr Aaron Close, who has over nine years
experience as a geoscientist in the North American oil and gas sector, and is a
graduate from the Colorado School of Mines Golden with a Bachelor of Science,
Mathematics and Computer Science Engineering and Geophysics. Mr Close is a
member of the Society of Petroleum Engineers.



All reserves statements in this announcement have been prepared in accordance
with the Society of Petroleum Engineers Petroleum Resource Management System for
Reserves 2007

It's looking like something may go right here short term.

News released this morning....

Irvine Energy plc, the AIM listed oil and gas exploration company, has completed
the acquisition of a 50% working interest in 4,167 acres of oil and gas leases
in Oklahoma, USA, known as the Bearden Prospect Area, for a consideration of
US$625,026.

confirmation of announcement in July of intention to finance multiple assets. Niobrara mentioned.... but sadly not in a "buckets of production now happening" sense!

Steelwatch - thanks, that worked

bene449 - 8 Nov'07 - 07:11 - 153 of 154


from www.addicted2shares.co.uk

Irvine Energy Plc

('Irvine' or 'the Company')



Completes Acquisition of Bearden Prospect Area of Oklahoma Oil & Gas Project



Irvine Energy plc, the AIM listed oil and gas exploration company, has completed
the acquisition of a 50% working interest in 4,167 acres of oil and gas leases
in Oklahoma, USA, known as the Bearden Prospect Area, for a consideration of
US$625,026.



The Bearden Prospect Area forms part of the Oklahoma oil and gas assets that
Irvine has contracted to buy from Metro Energy, subject to due diligence and
arrangement of necessary finance, as announced on 16th July 2007. The Directors
consider the Bearden area to be highly prospective for oil and gas, and this
acquisition follows the completion of the acquisition of the Niobrara oil
project in Kansas, in October. The Company continues to undertake due diligence
on the remaining Oklahoma assets described in the announcement of 16th July and
will report on these in due course.



Irvine Managing Director, Aaron Close, said, 'We are pleased to have completed
the acquisition of the Bearden acreage, which is in an area attracting strong
leasing activity, given its multiple conventional reservoirs and stacked oil
pays. Work continues on the development of our portfolio, which now comprises
over120,000 gross acres across Kansas and Oklahoma, and we look forward to
providing an update on the positive progress made in the near future.'



* * ENDS * *


rcktmn - 8 Nov'07 - 07:21 - 154 of 154 edit


It says it's made positive progress so far which is good news.... let's hope it puts some meat on the bones so that the sp can make some positve progress too !

Should hear before end of the year I would say...(if not, sooner!)

Good of you to keep this updated skyhigh.

This little company is building quite nicely. One for a few years time and currently a bargain.

Yep, just waiting for the numbers to be released ie, projections and then demonstrated revenues/profits and we'll be there !

Just rounded up my holding, by a hundred quids worth, shows as a sell, also reduces my average.

Dont like odd numbers of shares

Irvine Energy says seismic survey identifies multiple drill targets in Kansas

Kansas Project Update - Butler and Cowley Counties



'Multiple targets identified following successful seismic programme'



Irvine Energy plc, the AIM listed oil and gas exploration and production
company, has identified multiple drill targets adjacent to the historically
highly productive Blood and Cooley fields in Kansas, following the completion of
an eight square mile 3D seismic survey. The survey is the first of four to be
completed totalling approximately 50 square miles, which are being shot to
identify structures in south central Kansas, where Irvine owns a 75% interest in
112,000 acres of oil and gas licences.



The 3D seismic survey was shot across three known field areas in south central
Kansas along the Nemaha Uplift in Butler and Cowley counties. The Blood and
Cooley fields have produced 250,000BBL of oil from the Mississippian, and
additional 225,000BBL of oil from the Kansas City/Lansing and Arbuckle
formations.



Initial drilling targets are being finalised by Irvine's partners, Metro Energy
Group, with drilling planned to commence in December/January.



Irvine Managing Director Aaron Close said, 'The results of the 3D seismic survey
have exceeded our expectations, showing multiple oil prospective drilling
targets adjacent to the existing oil fields. The structures identified are
relatively shallow, which means that drilling costs should be low. The seismic
programme is focused on identifying drilling targets and increasing production,
whilst building our P1 and P2 reserve base.'

More good news...production update end of month



Irvine Energy PLC
10 January 2008


Irvine Energy plc / Index: AIM / Epic: IVE / Sector: Exploration & Production


10th January 2008

Irvine Energy plc ('Irvine' or 'the Company')

Completes acquisition of US Oil & Gas Leases

Irvine Energy plc, the AIM listed oil and gas exploration and production
company, has completed the acquisition of a 50% working interest in a further
27,337.2 gross acres of oil and gas exploration and production leases in
Oklahoma for a cash consideration of US$5,529,500 and unsecured loan notes of
US$4 million.

The transaction completes Irvine's acquisition of oil and gas assets from its US
partner Metro Energy announced on 16 July 2007, which was subject to due
diligence and arrangement of necessary finance. The latest leasehold acquisition
follows those announced on 3 September 2007, 8 November 2007 and 18 December
2007 and brings the Company's total portfolio of oil and gas exploration and
production leases to 167,000 gross acres across Kansas and Oklahoma.

Irvine Managing Director Aaron Close said, 'The deal with Metro has enabled us
to rapidly accelerate our development, expand our land position, and provides us
with low cost oil and gas production and exploration targets within highly
prospective and proven oil and gas regions. This is a very positive beginning to
2008 especially as we have reached all our current acquisition targets on
schedule and entered the production phase of our development.

'Moving into the New Year we plan to devote our attention to increasing our
production levels and P1, P2 and P3 reserve estimates through our recompletion
and ongoing drilling programmes which are being conducted in conjunction with
Metro. Our portfolio consists of conventional reservoir and shallow oil and gas
plays as well as unconventional shale targets which have already proven their
economic potential in Texas and Oklahoma. Our portfolio has significant
potential, our activity level is high, and our development profile rapid. We
look forward to providing an update on our progress later this month.'

The loan notes have been issued by Pinon Energy LLC, a wholly owned subsidiary
of Irvine, to Metro Energy. The loan notes are repayable on 10 April 2008 and
will bear an interest rate of 10% per annum on the outstanding principal. The
loan notes will be secured by a mortgage over the production assets.

Morning skyhigh

So now all the underlying acquisition work is done.

They can get ion with the job of making this company.

16.01.2008
Irvine Energy Completes Its Land Acquisition Programme In Kansas And Oklahoma And Starts Thinking About Oil And Gas Production And Reserves Build Up
Given the success of Nighthawk Energy and Meridian Petroleum in exploiting low cost/low risk gas accumulations in the US, it is worth keeping a beady eye on fellow London AIM-listed Irvine Energy now that it has got all its acreage ducks in a row.

The company has recently announced that it has completed the acquisition of a 50 per cent working interest in a further 27,337.2 gross acres of oil and gas exploration and production leases in Oklahoma for a cash consideration of US$5.5 million and unsecured loan notes of US$4 million.

This completes the acquisition of oil and gas assets from its US partner Metro Energy announced in July 2007 and brings the companys total portfolio of oil and gas exploration and production leases to around 167,800 gross acres across Kansas and Oklahoma.

It means the company can now get on with producing from its low cost oil and gas wells within highly prospective and proven oil and gas regions, as well as build up its reserves.

In southern Kansas an Area of Mutual Interest (AMI) was designated covering 7 million acres. This includes many small leases including so-called Mom and Pop leases. Irvine has acquired a 75 per cent working interest in oil and gas assets covering 112,000 acres. Metro Energy holds the other 25 per cent.

As many as 12 conventional production intervals have produced in the area at depths of between 1,500 5,000 feet (500 to 1,525 metres), with three (Arbuckle, Mississippian and Pennsylvanian) being prolific.

Importantly the AMI also houses the highly prospective Chattanooga Shale formation. Shale gas, due to the development of new extraction techniques, is the USs fastest growing onshore energy sector. There is an opportunity to exploit both conventional and non-conventional plays.

In Oklahoma the company now has the 50 per cent interest with Metro in 52,000 acres in oil and gas leases. Again the acreage contains the proven Woodford Shale and Caney Shale as well as multi stacked conventional reservoirs. The Oklahoma project will ultimately provide up to 400 unconventional drilling locations and up to 150 conventional drilling locations.

Also the company has acquired a 50 per cent working interest in the Niobrabra project which is a shallow gas play. The Niobrabra project is primarily focused on the exploration of conventional gas plays. The licence area includes 20 completed well bores with 13 tested at 50,000 cubic feet a day each. Total projected production from 20 wells is 1 million cubic feet a day. Irvines net production is 850,000 cfde but this is expected to increase rapidly to 2 million cfde with an intensive drilling programme. In south Kansas the immediate emphasis is on proving up reserves. There has been production before but no 3D seismic. This is now in train to firm up 3P reserves to at least 2P. It is hoped Irvine will be entitled to book 2P reserves of 48 bcfe with a further 100 bcfe of P3 hopefully to be firmed up to 2P, and 220 bcfe of contingent reserves in various stages of appraisal and development. Going into 2008 Irvine has a 60 well programme underway.

The point is that gas prices are high in the US and infrastructure widespread. As other juniors have shown, known deposits can quickly be monetised and a good cash cow established.

http://oilbarrel.com/news/article.html?body=1&key=oilbarrel_en:1200449064&feed=oilbarrel_en

Hardman Monthly

Thanks oily

MUMBAI (Thomson Financial) - Irvine Energy PLC said it has started production within its 162,000 acre portfolio of onshore conventional and unconventional oil and gas projects in the US.

'At our current rate of development, we aim to be producing in our three areas of operation by April,' said managing director Aaron Close.

The AIM listed oil and gas exploration and production company also said its net production for January was 6.973 mln standard cubic feet of gas and 76 bln barrels of oil, from 18 wells in Oklahoma.

The total gas production for the month of January stood at 7.973 mln standard cubic feet.

Initial well locations have been identified in Kansas targeting the Arbuckle and Mississippian formation in the highly prospective Cooley oil fields and drilling is planned to start at the end of February, the company said.

The first gas sale from its Niobrara project is expected in March, the company added.

>>>>>
Very good news....you'd think it would be anough to finally get the ball rolling but we'll see... in this crazy market it could just as easily go down !

Not getting carried away just yet. Keeping my feet firmly on the ground for now..

this needs to get back to 4.5p just to break even for me as I first got in when it came to market ! might get some more next week if it's still at these levels and will have more funds available !

sp perking up !

I selected the shares to have a move up on another thread...............

"UPS" (Added by Master RSI on Fri 22 Feb 01:08 pm)

IVE - Mid 2.525p
Reason - Large volume today and rising, a 10M trade looks of overhang being cleared. A few brokers have much higher price for the company, yesterday Evolution Securities published an update targeting a core value of 4 pence with a core plus risked upside of 16 pence

I selected the shares for this week at the "UPS" thread yesterdayAnalysis selection

IVE price 2.60p

Very large volume last Friday about 20 times the usual

Slowly moving higher from lows as Indicators are moving up from oversold, there will be a BREAKOUT on going over 2.675p

Three recent broker reports say buy with upside to 15p. Oil and gas projects in the U.S. production began last month. Placing at 2p and recent adquisition whith Three recent broker reports say buy with upside to 15p. Oil and gas projects in the U.S. production began last month. Placing at 2p and recent adquisition whith operator Metro Energy holding 10%

Management has a good a track record on acquiring acreage and debt financing is in place to provide for a rapid drilling programme. Success is expected as projects are still profitable even with oil prices half of what they are now

We are now at the point of BREAKOUT from the 2.675p last high (intraday) of early January

Cool!...what happens next ?

skyhigh

re - Cool!...what happens next ?


it will go up if you buy a few millions

-------------
Had a look at online for a bit of guide on prices paid and offered

interesting premium 2.65p selling and with large size one can do, that means they are short of stock, as the size is 5 times bigger than buying.

bid price BPC 2.65
Maximum Size* 750,000

Offer Price BPC 2.73
Maximum Size* 150,000

Irvine Energy PLC
26 February 2008

Irvine Energy plc / Index: AIM / Epic: IVE / Sector: Oil & Gas



26th February 2008

Irvine Energy plc ('Irvine' or 'the Company')
Change of Nominated Adviser and Broker


Irvine Energy plc, the AIM Listed oil and gas exploration and production
company, is pleased to announce the appointment of Evolution Securities Limited
as Nominated Adviser and broker to the Company with immediate effect.