Sharesmagazine
 Home   Log In   Register   Our Services   My Account   Contact   Help 
 Stockwatch   Level 2   Portfolio   Charts   Share Price   Awards   Market Scan   Videos   Broker Notes   Director Deals   Traders' Room 
 Funds   Trades   Terminal   Alerts   Heatmaps   News   Indices   Forward Diary   Forex Prices   Shares Magazine   Investors' Room 
 CFDs   Shares   SIPPs   ISAs   Forex   ETFs   Comparison Tables   Spread Betting 
You are NOT currently logged in
Register now or login to post to this thread.

PETREL RESOURCES.Independant Iraq Oil Company.10 target 2007/2008 (PET)     

lex1000 - 27 Aug 2007 16:59

Chart.aspx?Provider=EODIntra&Code=PET&Sihtml>

lex1000 - 10 Sep 2007 12:34 - 224 of 1154

DYOR.

Ah- page 346
08-May-07 at 10:47 | IP Logged

--------------------------------------------------------------------------------

There is no truth to the South Korean claim.

-----Original Message-----
From: peter barker [mailto:Sent: 08 May 2007 09:14
To: David Horgan
Subject: South Korea

Dear David,After last weeks presentation i notice the H word has now
been removed from it and the financing,Only to read now that South Korea
may have landed the H field without giving anything away could you
clarify the situation for me or did someone mess up big time. Best Rgds
Pete,

lex1000 - 10 Sep 2007 12:44 - 225 of 1154

katoema did say diary note 10 September 2007!lol

lex1000 - 10 Sep 2007 12:45 - 226 of 1154

Cynic,seeing is believing! lol

2517GEORGE - 10 Sep 2007 12:54 - 227 of 1154

31k & 35K Shown as sells were, by the transaction timing in fact buys. Be nice if this anomaly could be rectified, it creates a false reading to the total number of shares bought and sold.
2517

lex1000 - 10 Sep 2007 13:14 - 228 of 1154

2517GEORGE,agree misleading.No mistaking breakout.

lex1000 - 10 Sep 2007 13:27 - 229 of 1154

Iraq to issue tenders for international oil firms



MENAFN - 10/09/2007 [-] Text [+]





(MENAFN) Iraq's Oil Minister announced that the country will issue tenders for international oil companies (IOCs) in order to improve its exisiting oil fields in 2007, Gulf Daily News reported.

He further mentioned that the measure will be carried out regardless of the overdue new law to regulate Iraq's energy sector and that the Iraqi Parliament has issued a law which permits officials to act upon any field development contract.

It is of significance that the Kurdish Regional Government (KRG) has already forced the renegotiation of the bill and international oil executives privately.

http://www.menafn.com/qn_news_story_s.asp?StoryId=1093165959




lex1000 - 10 Sep 2007 15:42 - 230 of 1154

http://www.alsabaah.com/paper.php?source=akbar&page=37

Baghdad meeting, International support to Iraq

Baghdad, Sep. 10, P. 1
Govt. achieved new political victory at foreign field after its success in rallying the support of neighbor countries




Talabani urges to transform Mahdi Army into social org.




Baghdad, Sep. 10, P. 2
The President Jalal Talabani urged to transform the Mahdi Army to social organization which serves Iraq, while he calls to release all innocent of the Sadrists




Arab League suggests holding world meeting in Baghdad




Baghdad, Sep. 10, P. 2
The Arab League offered suggestion to hold international ministerial meeting to discuss Iraqi issue in Baghdad, while Iranian and Saudi delegations confirmed their readiness to provide complete support to Maliki's Govt.




High progress in water and irrigation projects




Baghdad, Sep. 10, P. 3
Municipalities Ministry takes part actively in reconstruction campaign in Anbar province which was launched by Govt. after cleansed it of terrorism




Russian project to generate electricity in Diyala




Baqouba, Sept 10, P3
The local authorities in Diyala is studying with one of the Russian companies a project for electricity power includes the generating of 500 MW to meet the needs of the province of the electricity




State Railroad Company implements fiber optic line project




Baghdad, Sept 10, P3
Cadres of the railroad state company are implementing project of extending fiber optic line project which is paralleled to their lines with length reach to 2500 KM and cost ID 18 billions



Trade Company saves hard currency via building gigantic mills


Baghdad, Sept 10, P3
The cadres of the state company for manufacturing grains, belonging to the Trade Ministry have

lex1000 - 11 Sep 2007 08:16 - 231 of 1154

Tick up^

If anyone missed it.Chart and t/a PET confirmed as a buy.As each day passes nearer PET gets to HCL and contracts.Exact dates & how many contracts we wait to have confirmed.Huge potential.aimvho.dyor.

scottinvestor - 14 Sep 2007 11:17 - 232 of 1154

is this about to plummet?

i always seem to buy into dodgy shares at wrong time? i bought at 150p last week

2517GEORGE - 14 Sep 2007 11:52 - 233 of 1154

scott--------who knows? The bid has been lowered quite aggressively, but the offer is unchanged (atm), awaiting the news of HCL and contracts is not easy and with the turmoil in financials, investors are looking to take their profits, however we are believed to be only a couple of weeks away from the news, and if the HCL is passed and PET get contract awards (which seem likely), then the sp could be looking very conservative. aimo of course. Good look all holders. Where's lex gone?
2517

maggiebt4 - 14 Sep 2007 12:03 - 234 of 1154

His typing finger fell off. - Scott--- Agree totally with 2517 worth waiting for the HCL. Also read somewhere that contracts could be awarded before HCL being passed Also aimo.

2517GEORGE - 14 Sep 2007 12:25 - 235 of 1154

maggiebt4--------yes I read that about contracts, I am holding for the hopefully greater benefits to come to fruition, it would be very strange if PET did not gain a meaningful foothold, seeing as they have been prepared to work in Iraq with the Ministry of Oil for 9-10 years, whereas others would not take the risk. It would appear that The Ministry of Oil have a good working relationship with PET, would they be prepared to risk that?
2517

maggiebt4 - 14 Sep 2007 13:31 - 236 of 1154

Here's hoping 2517 I could do with a tidy profit as I've made a bit of a horlicks this year so far!

2517GEORGE - 14 Sep 2007 14:33 - 237 of 1154

maggiebt4------I've had tidy profits and not taken them only to see the sp run back to within a few pence of what I paid for them, DEMG, AMER, and APN spring to mind as well as my LOG calls. I am significantly in profit with PET and will stay with them. Incidently of the 27 stocks on my list 4 are unchanged, the rest are losing so not a good day for me, however there looks to be some value around in the banking/insurance and house building sectors now. Hope your horlicks changes to chocolate soon, good luck all.
2517

maggiebt4 - 14 Sep 2007 17:10 - 238 of 1154

I've got 2 green DGO and MDX alias BPRG but would love so chocolate. Check out BRE have been watching it for some time but no money, even less now!!!

ptholden - 14 Sep 2007 19:44 - 239 of 1154

Expecting this to fall to 100p or thereabouts. I'm always suspicious when one poster continually cuts and pastes from other boards as a daily hobby, usually a good sign of a well worked ramp. Hopefully for the holders on here I am wrong, I have no position.

pth

lex1000 - 15 Sep 2007 09:51 - 240 of 1154

pth, LOL.

You are consistent Holden.Information,facts,opinions and risks posted,including copy & paste,are for "DYOR." If you have done any,"DYOR" that is,you will be aware of upside in weighing up risk to rewards.

PET did retrace recently from 150p to intraday lows of circa Bid 106p v Offer 108p.You called short right.

Whenever HCL is approved it is expected to come out of the blue. What of PET share price then? Do bear in mind that immediately following passing of HCL PET management are expected to go straight to GO i.e Bagdad collect 200 & sign contracts.I would not like to be short in either case.You may chose to be short based on your conspiracy theory that company, several long term investors who attended AGM providing verbatum feedback,advfn posters,copy & pastes,Iraq Ministry of Oil technocrats, are ALL "a well worked ramp."

Good luck with your short!

regards
lex;o)

p.s ramped from 60.5p up^


ptholden - 01 Sep 2007 23:27 - 112 of 239
You can always tell a good ramp from the amount of copy and paste posts, of which nearly all on this thread are such. PET has been a hot stock before and is currently enjoying a second coming. Question is, where is the short entry? Time will tell :))

ptholden - 14 Sep 2007 19:44 - 239 of 239
Expecting this to fall to 100p or thereabouts. I'm always suspicious when one poster continually cuts and pastes from other boards as a daily hobby, usually a good sign of a well worked ramp. Hopefully for the holders on here I am wrong, I have no position.




ptholden - 15 Sep 2007 17:56 - 241 of 1154

You never did answer my question re how many other financial BBs you are copying and pasting to?
In any event PET have been round this particular buoy before, without success. I daresay if they awarded contratcs this time their share price will react accordingly. Mind you, in a war torn country, with the Brits already pulling out and the US talking of reducing numbers by 2008 I can only see the conflict becoming worse, with the associated carnage throughout Iraq. Personally I believe investing in PET is full of risk, full stop.
(And I still think it's a ramp and quite a good one so far)
;)
pth

halifax - 15 Sep 2007 19:06 - 242 of 1154

Like FOGL?

lex1000 - 16 Sep 2007 00:45 - 243 of 1154

pth, your post to me: "You never did answer my question re how many other financial BBs you are copying and pasting to?"

I did answer your question directly.In fact within 9 minutes of you asking it.You are a tease & cheeky one questioning my integrity. LOL.

HOLDEN,now YOU are writing UNTRUTHS forcing me to copy & paste,again!

>ptholden - 02 Sep 2007 22:19 - 119 of 242
Out of curiosity how many other BBs are you copying and pasting to Lex?
If it keeps going up, good luck and well done, I remain unconvinced, my choice.

>lex1000 - 02 Sep 2007 22:28 - 120 of 242
ptholden,originally posted MoneyAM PET @ 66p.Post thoughts & copy stuff on here from advfn.for those who may want to read it.Invested and put money where my mouth is.Core holdings returning profits of 147%.Some investors taking profits end of last week. As PET market cap increases,HCL draws nearer,PET attracting more resource investors.Holding firm and long.My choice.Good luck with your short.regards.lex;o)
Register now or login to post to this thread.