Any experts out there with a view to todays RNS on Algerian gas find ?
Looks good to me but sp is down
Thanks in advance nr

Marni : don't just dump this yet ...20p plus is still possible...tests due and an update on next drilling...and it seems that gas prices will start to go up again.

She's smoking today. Odds good for RNS Monday early doors.

Wished I'd bought more as it's looking so good (140% up so far!)... roll on the RNS...!

live price is 16.50 bid, which is exactly where it closed last night!

17p plus now ...I wonder what the sp would do if the discovery becomes a trillion cubic feet of gas or so...

rf the same as VOG did!

unkind, unkind - lol!
ready market for PCI's gas - to TLW to fuel their spaceship transporters to move all that oil from uganda

VOG just did, I think : a seismic and I followed it up all the way and two thirds of the way down....but Petroceltic might be on the verge of a major lift off like Gulfkeystone....the market thinks something positive is going to happen by pricing this up.

We would be only too happy if they take off like VOG did, but don't make the crash landing.

Results next week or I will eat a tramps pants without even a drop of sake...

Lively start this week and Algeria back to work after Eid holiday tomorrow.

average daily volume = 4m ...... today = 17m with 2 hours trading left
strong sp performance, so let's all hope it's going to be worth it

We top sliced on this one this morning, excellent profit, concerned about the delay in news, but will hold the balance for the time being.

today's volume = 21.5m, a good 5x more than usual ...... hope it presages something good

I have decided to hold & see what the next RNS brings. Hope usurps reason in this case.

HC,will this time be different? LOL.

It bl**dy well better be, otherwise I am going down there to Algeria & kick some butt!

Watch out for the flies & the camel shit.

here you are guys n gals .....

Brian O'Cathain, Chief Executive of Petroceltic, commented:
'We are delighted with the results of the AT-1 well test. This test exceeds our pre-drilling expectations, and is the most prolific single zone well test on the Isarene permit to date. The potential hydrocarbon resources associated with the Ordovician Ain Tsila ridge structure are an order of magnitude larger than our earlier discoveries on this permit. These well results confirm the significant commercial potential of the Isarene permit to Petroceltic and our partner Sonatrach. We look forward to reporting results from the AT-2 well in the near future'.

Link to today's RNS:

PCI - New gas discovery in Algeria