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

lex1000 - 27 Aug 2007 16:59

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

2517GEORGE - 23 Apr 2008 10:51 - 703 of 1154

Yes that is a bit irritating.
2517

hlyeo98 - 23 Apr 2008 11:01 - 704 of 1154

Once PET starts producing, it will be like AXC at 22

2517GEORGE - 23 Apr 2008 11:08 - 705 of 1154

hyyeo98---------I thought more like Poseidon 175, now I'm showing my age.
2517

required field - 23 Apr 2008 11:28 - 706 of 1154

Well you lot have convinced me to join you....agree with you about it being oversold.....hope we get an update soon !

hlyeo98 - 23 Apr 2008 11:30 - 707 of 1154

Welcome on board, required field. Have u bought some PET today?

scotinvestor - 23 Apr 2008 11:50 - 708 of 1154

dont u guys know anything whats going on in iraq??? it seems that way.

iraq oil ministry have cancelled the saddam old contracts....apart from 4 with 1 from chinese company.
the new oil laws will be announced soon it said and companies will need to apply again.

it aint necessarily bad news but market has taken this to hammer PET.
the market is volatile and ANY REASON to bash a company and this is what happens

required field - 23 Apr 2008 13:34 - 709 of 1154

Yes hlye98, taken out a small position....now in PET and AXC....so many oil stocks....missed the DNX rise today....just can't cover them all !

required field - 23 Apr 2008 13:35 - 710 of 1154

Well yes Iraq is risky....but the upside on any good news is tremendous !

scotinvestor - 23 Apr 2008 13:40 - 711 of 1154

?

what u talking about............pet will need to apply again to IOM

halifax - 19 May 2008 15:42 - 712 of 1154

Good move up today, can we expect some news?

2517GEORGE - 19 May 2008 16:15 - 713 of 1154

Their results are due next month, but maybe the fact that Itochu were up 4.6% in Tokyo last night has a bearing on today's strength.
2517

justyi - 19 May 2008 20:17 - 714 of 1154

PET has shown a spike upwards. News coming out soon. BUY at 99p

johnc376 - 20 May 2008 08:16 - 715 of 1154

Me thinks the recent pice rise was in part due to the article in todays Times newspaper on Iraq, possibly having the largest oil reserves, larger than Saudi Arabia!

2517GEORGE - 20 May 2008 08:20 - 716 of 1154

All we need is for PET to get it's hands on some of it.
2517

moneyplus - 20 May 2008 10:36 - 717 of 1154

news coming soon I think as meetings between DH and top officials plus a major are rumoured to be going on this week----I hope so!

2517GEORGE - 20 May 2008 10:51 - 718 of 1154

Likewise.
2517

maggiebt4 - 20 May 2008 11:17 - 719 of 1154

Doubly likewise

justyi - 21 May 2008 15:58 - 720 of 1154

I have added today as the trend is rising and news will be out soon

halifax - 09 Jun 2008 19:42 - 721 of 1154

RNS Iraq will announce oil field tenders on 30th June 2008.

required field - 20 Jun 2008 08:32 - 722 of 1154

Serious drop here....not in but could have been !.
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