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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>

scotinvestor - 25 Jun 2008 15:29 - 734 of 1154

seems u r right hyleo......i have noticed u have correctly predicted at least 4 graphs recently from various shares. well done and thanks for advice

scotinvestor - 25 Jun 2008 16:02 - 735 of 1154

shooting up further.....thanks hyleo again for good chart advice yesterday

watcher - 25 Jun 2008 16:14 - 736 of 1154

PET is definately a long term plan.......with big targets and issues to overcome..the matter of iraq needing the oil to flow has got to work in their favour and as correctly mentioned jordan is on the horizon....it is all about time and effort from them and of course 'collecting' on the dips

watcher

hlyeo98 - 25 Jun 2008 18:34 - 737 of 1154

You are welcome, scot. PET is a good buy at the moment.

scotinvestor - 25 Jun 2008 22:30 - 738 of 1154

any initial target hyleo? or will it gush up again?

TheMaster - 26 Jun 2008 12:33 - 739 of 1154

PET could fly on IOM contracts news out by end June.

hlyeo98 - 26 Jun 2008 12:59 - 740 of 1154

I agree with you, Master. PET is the favourite to win the contracts as they have been in the region since its establishments in the 80's.

TheMaster - 01 Jul 2008 11:47 - 741 of 1154

Rumours of a 'Major' buying out PET going around the City today.

nkirkup - 01 Jul 2008 11:52 - 742 of 1154

Already known in the Oil industry that PET would be bought out, when the action started over Iraq contracts, sp should be back to 1 by Friday.

scotinvestor - 01 Jul 2008 11:59 - 743 of 1154

what major is involved? can u give any more info?

if pet is going to be bought out, then price must be massive as they are only western industrialised nation there and been there working for 10 years......so are hardly going to be there that long to be bought out for a few pennies.

hlyeo98 - 01 Jul 2008 12:02 - 744 of 1154

Yes, thanks for the good news. PET would be a STRONG BUY at a cheap value of 60p

scotinvestor - 01 Jul 2008 12:23 - 745 of 1154

well they were 1.50 plus end of last year which is only 100 million ......so any major will need to give at least 2 esp if pet get decent amount of work from contracts. sp held up well under hammering today

robertalexander - 01 Jul 2008 13:37 - 746 of 1154

if rumours of a major on scenes why then is the SP going down? even in todays market conditions rumour should surely make SP go the other way.

scotinvestor - 01 Jul 2008 13:40 - 747 of 1154

agree robert......dont know as i dont live in raghead city to listen to rumours.

scotinvestor - 01 Jul 2008 13:40 - 748 of 1154

i was talking about london by the way, lol

james 1 - 04 Jul 2008 11:26 - 749 of 1154

TheMaster - 01 Jul 2008 11:47 - 741 of 748
Rumours of a 'Major' buying out PET going around the City today.

nkirkup - 01 Jul 2008 11:52 - 742 of 748
Already known in the Oil industry that PET would be bought out, when the action started over Iraq contracts, sp should be back to 1 by Friday.
--------
It is Friday ?

scotinvestor - 04 Jul 2008 11:32 - 750 of 1154

thats why its up 3p today so far, lol

dealerdear - 04 Jul 2008 11:35 - 751 of 1154

What a load of ramping crap

scotinvestor - 04 Jul 2008 11:37 - 752 of 1154

it could be a good long term punt though for the future

dealerdear - 04 Jul 2008 11:54 - 753 of 1154

Like TAN was a few mnths ago...
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