http://www.upi.com/International_Security/Energy/Analysis/2007/09/04/analysis_iraq_oil_law_still_coming_soon/6989/

Blue, nice bounce.

GSE Bid 120.94p v Offer 123.64p

james 1,geniune,well connected and valued poster on advfn is my humble opinion.

Bullish.Consider PET buying opportunity taking advantage of retracement 120p or less.Others disagree.Some peeps waiting to buy @ 100p.My view I think peeps will wait whilst sp rises i.e not see 100p though 107p-108p was possible yesterday rose back above important 112.5p.Feel comfortable with research and content holding.Yeah could have made money trading and buy back cheaper.Strategy hold,hold hold,no stop loss.aimvho

Blue UK & GSE

Keep watching for 100p aldwickk.We'd all "like" to load up @ 100p.Think you will never see PET that low again!aimvho

Possibly seeing breakout 119p/124p.Buyers paying 122p-124p.

Somebody pass Aldwick a straw please

Punters paying 127.7p for PET on GSE

Wide spread here in UK.btw possibility PET may get something even if HCL not approved soon.PSA or by whatever name.aimvho.

Bullish trading.

122p v 125p

You're either in or you're out.Prefer holding,no stops,than risk being out.aimvho

btw posts to alert PET breaking out.

If all sellers forced margins stops shorts,only one way to go ^

The Government expects the HCL to pass and prefers negotiations immediately after.We are flexible as long as there is good title and terms. ________________________________ From: peter barker [mailto:Sent


Wed 05/09/2007 08:14To: David HorganSubject: Oil minister

Dear David,I see in some press that it,s stated that if HCL is not passed then they will invite companies to explore southern oil fields rather than delay.Would PET go to Baghdad on this premise or do we have to wait for it,s passing.Thanks for your time.Best Rgds Pete.

LOL

>bahouse - 5 Sep'07 - 10:31 - 832


Nimrah - 5 Sep'07 - 09:52 - 743

this is going down to 50p it has already reached its peak make my word do not chase all the big boys have hedged it to 50p you are dealing with iraq civil war and iran alqaida and many more problems

>Nimrah

I know of no other big boys but ITOCHU and who has hedged Pet to minimum 5 in a very short space of time and maximum...I leave that to you....... This is the share of the century...we will be in the Guinness Book of Records as we have been mentioned by the SAS in their manual "who dares wins"...we have Pixi farm where Pet is grazing before it drench its thirst with oil we also have a camel...we have a puppy too who is so cute these days....what are you, LOL?

Hi to All,
First post on the boards.
I currently have a small holding in PET and was just wondering why the HCL being passed is effecting the share price so much, if PET have been in iraq since 1999.
IMHO PET will get a large slice of the cake regardless due to their pre established relationship.

Welcome aboard DB, my understanding is that no contracts are being awarded by The Iraqi Ministry of Oil until HCL has been passed by the Iraqi parliament, I suppose this gives a framework within which both sides are able to work. I also believe that some regional contracts have been awarded, how these will sit when the HCL is passed I have no idea. PET only works with The Ministry of Oil. Anyway that's my understanding but there are far more knowledgeable posters than me on this thread, so maybe they will put us both right. If PET do get a decent contract as seems to be only fitting, then the sp should be well ('scuse the pun) north of it's current price. Good luck all.
2517

GSE 131.08p

ttt

Security is improving every day for the oil fields.
Good news for oil investments.
Iraqi Air Force patrols oil fields



MENAFN - 05/09/2007 [-] Text [+]





(MENAFN) A spokesperson for the Iraqi Air Force announced that the air force is using their aircraft fleet to protect the oil and electric lines by setting up patrol operations in the air, Portal Iraq reported.

He further mentioned that at the moment there are a total of 35 helicopters assign to the Iraqi Air Force and is double the number the military possessed in 2006.

It is worth mentioning that the United States army is planning to triple Iraq's fleet by the end of next year.