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Immediate price target 17p (PCI)     

peeyam - 17 Feb 2005 08:19

current price 13p target price in short term 17.5p and medium term 30p I suggest you guys look into this one. Thats an immediate gain of around 25%



mtwallit - 01 Jun 2005 10:38 - 49 of 53

Report - if one you market savvy guys could wade through and interpet it for us lesser mortals - would be appreciated bank statements my limit :-)
http://www.petroceltic.ie/pub/PetrocelticAnnualReport2004.pdf

seawallwalker - 01 Jun 2005 11:46 - 50 of 53

http://boards.fool.co.uk/Message.asp?mid=9330782

You need to have a free subscription, and maybe it's not worth a lot, but in the end it sums it up.

ps there are no immortals in this game.

katcenka - 22 Jun 2005 14:44 - 51 of 53

has no body noticed the share on a rapid rise.. suggest you check out todays RNS and google news

pioneer - 23 Jun 2005 12:11 - 52 of 53

This was posted by Panadin on another board

hope he doesnt mind me posting it here



From today's Irish Times. The chairman made these remarks yesterday and bearing in mind that pci only announced govt. ratification on June 1st they could not have done much before that date. I would suspect that discussions will continue and the board will decide in our best interests to do a jv or go it alone. Either way I am happy
LOL

"Exploration giant BP and a number of Far Eastern players have held talks with Irish-based Petroceltic about a possible joint venture in Algeria.

Petroceltic has a 75 per cent interest in a 10,800 square km exploration block in Algeria, which includes seven wells that have shown the potential to produce up to 4.7 million cubic feet of natural gas a-day.

BP holds the licence for an area next to the Petroceltic block, and recent reports suggested that it was interested in entering a joint venture with the Irish company on its prospect. Responding to questions from shareholders at the company's annual general meeting (agm) in Dublin yesterday, managing director, John Craven, said that the company had received an approach from BP.

"We have certainly had some discussions with BP," he told The Irish Times after the meeting. "We have also had a number of other approaches from Far Eastern companies."

The Algerian block, known as the Isarene contract area, has nine known gas discoveries. Petroceltic said that it is likely to list on the stock exchange."


mbugger - 23 Jun 2005 19:47 - 53 of 53

Good solid news at last,BPthrown in as well.
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