New Projects and good prospects. will be the winner in 2004. IMO
25p in early 2004

Chance of an Isarene spud in October 2008.

"PCI on cusp of a new era" according to the Irish Independent.

what new era,era of sliding s.p.

hermana,post 1180.

What makes you think there could be an Isarene spud in October,I was under the impression that nothing was going to happen in Algeria until early 2009?

Andro.John Craven said a rig may become available in September.

March 2009 rig. Things beginning to warm up at last...

At 13p per share for 22 percent they have bought cheaply too ..... now i wonder who wrote that? ...... they could have bought 4x as many shares for the same money now!

cynic,now you know that is not likely.

what isn't? ..... shares when you wrote (above) were 13p and are now about 3.25p ..... looks like my maths is better than yours!

They have both for future production purposes and have different objectives than us poor punters....

not me! ...... sorry to rub it in, but you should have bitten the bullet ages ago

can't go back but not at all unhappy with current renaissance.

renaissance?????? .... you must be looking at an inverted chart!!

cynic,PCI will be back at alltime highs this time next year or I will eat a piss soddened tramps pants without even a wee drop of sake to wet my lips...

obviously that idea turns you on, and i am sure you will have the opportunity to savour! ...... i'll try to remember to remind you - lol!

Don't bet the house on it.

no need .... just your tramps knix!

Listen to Petroceltic present at the Capital Markets Day 2013. Click the link below to listen;

http://www.brrmedia.co.uk/event/109656/brian-ocathain-david-thomas-dermot-corcoran-joe-english-ronaldo-miele-john-naismith-geoff-probert--tom-hickey

Petroceltic International PLC (Petroceltic International) is proposing to establish a new Irish-incorporated holding company of the Petroceltic Group by way of a Scheme of Arrangement (the Scheme) on the following basis:

1 Interim Petroceltic PLC Ordinary share for each Existing Petroceltic International Ordinary share held.

Then,

every 25 Interim Petroceltic PLC Ordinary shares will be consolidated into 1 New Petroceltic PLC Ordinary share (the Consolidation).


Important Information & Other Key Dates:

On 3rd May 2013, Petroceltic International announced it is proposing to establish a new Irish-incorporated holding company of the Petroceltic Group, to be implemented by means of a Scheme under Section 201 of the Irish Companies Act 1963 of Ireland.

The Board believe that the new holding company proposal will give the Group a more efficient legal and corporate structure, with the Consolidation positioning the Company's share price in a range that is more appropriate to the size of the Company and that is broadly comparable to its peer group.

The Board of Petroceltic International consider the terms of the Scheme and Consolidation to be fair and reasonable and in the best interests of shareholders as a whole.

The Scheme is subject to shareholder approval at a General Meeting and Court approval at a Court Meeting both to be held on 30th May 2013. The Scheme will then be subject to Court sanctioning at a Court Hearing to be held on 25th June 2013. Subject to acquiring the necessary approval, the Scheme is expected to become effective on 26th June 2013.

Prior to the Scheme becoming effective, an application will be made to the London Stock Exchange for the cancellation of listing of the Petroceltic International shares on the Alternative Investment Market (AIM). Subsequently, the last day of dealings in the Existing Petroceltic International shares is expected to be 26th June 2013, with the cancellation of admission to trading expected to become effective at 6:00pm on 26th June 2013.

Please be aware that the New Petroceltic PLC shares will be admitted to trading on the Main Market of the London Stock Exchange on 27th June 2013, with dealing in the New Petroceltic PLC shares expected to commence on the same date.

The Consolidation is also subject to shareholder approval at the aforementioned Annual General Meeting and pursuant to the receipt of such approval, is expected to become effective immediately following the Scheme becoming effective.

When a company consolidates its share capital the number of shares in the Company reduces. This will impact the share price as the total value of shares will remain the same but there are fewer shares in circulation, so the price can increase significantly. You may therefore notice an increase in the share price before we are able to update your account and provide written notification of the effect on your holding.

If you are uncertain if the Consolidation has become effective, please check with our Call Centre before selling your shares as you will be liable for any oversell in your holding.

Should you retain your holding of Petroceltic International shares, we will notify you when the New Petroceltic PLC shares have been credited to your account. This is expected to be on or around 27th June 2013.

Unless you hold your shares in a ShareBuilder account, no fractions of shares will be issued. Any resulting cash entitlements will be dealt with in accordance with our Terms & Conditions (section 11.16).

If your Petroceltic International shares form part of a TradePlan, please note this Scheme and Consolidation will result in the TradePlan being deleted. You will need to log online or call us to set up a new TradePlan in the Petroceltic PLC shares.

If you have a regular investment in place on your Petroceltic International shares, please note that this will not be automatically updated as a result of this Scheme and Consolidation. You will need to log online or call us to amend the regular investment instruction in the New Petroceltic PLC shares.

Should you wish to find more information about the Scheme and Consolidation, please visit the Petroceltic International website, www.petroceltic.com.

And Isarene 2nd farmout is done bar de bureaucracy!