Latest Proactive Investors report..http://www.proactiveinvestors.co.uk/companies/news/10809/petro-matad-exploring-for-oil-on-chinas-doorstep-10809.html

Currently 14p to buy.

reckon that rig might be coming....gone from .89p 103p today...did think of buying back at 80p but didn't.

Listen do you want to hear a secret.

Billy J kramer i think........what doya know mitz...

showing your age there mitz.,.

lol Balerboy.

Must admit was one of my favourites at the time, any news of rig?

bb last RNS states drilling has been completed for 2010, why are you on about a rig?

IF you read rns you'd know.....if they can locate another rig they would drill before year end..

bb only a possibility no rig has been contracted, 2010 drilling program has been completed next drilling to commence in spring 2011 after seismic analysis,six months hibernation on the cards.

Thats why I asked the question...sp risen back up, any news...only news is a rig.,.

or some serious ramping before the winter!

Correct they are trying to obtain a winterised rig by mid November.

I thought they said something about one more drill.

Will check rns again but certainly puts PRO's 60p in the shade!

lol..I fancy 122p finish tomorrow.

Do you promise not to tell.. lol.
882mbo in block xx and how much in block 4 and 5.

Just got to wait for mid December now, then all the selling will happen again and down it drops again.

So 60p over the winter as suggested very possible, just wait until the severe weather strikes and its all called off until Spring.

Everyone has now seen a dress rehearsal and there will be a jump for the exit when weather stops drilling next time.

Blocks 4 and 5 could contain another 1.2billion bo so thats 2 billion all told.. 2000p is my target in the next 12/18 months.

60p by Jan 2011 ???

RIG contracted winter drill to start as soon as possible........sp up 125p

another 3p added today.