New Projects and good prospects. will be the winner in 2004. IMO
25p in early 2004

Resistance at 18p, I would be happy if 18p became the support line this week.goal.

Evening.

Nice rise, biiig volume! Good to see after last week's cheeky pullback on less than impressive volume. Would expect something in the next 7-14 days as someone somewhere will found out prior to any official announcement.

;-)

BLR had a good day yesterday up 18% to 2p based on new licences etc, lets hope PCI goes the same way

hmm, is it just to spite me?

are we expecting anyhting soon on these? are we guaranteed news soon regarding the spudding of ST?

good morning...hope we get to see some decent price movement(in our favour) today.

107606... ST spudding took place 5.11...rns released 6.11...results expected c.4 weeks time(i.e.early dec)...has been suggested progress update/results maybe with us sooner perhaps as early as next week...but again know one knows.

Good luck all...may we start movin soon!!

Blackstuff found 50 year ago, so with techniological advances and the management team onboard, oil strike is 95% likely imho, plus some gas thrown in for good measure.....

well, call me an old sceptic, price dropping now - good time to buy in for the upsurge? wish I could!
methinks bugsy hit the nail on the head - they all know where the oil is - its just when it becomes profitable to do so, at nearly 4 a gallon and whatever per therm - even a dribble is worth it now!

write up in shares mag today about tunisian drilling.
reasonably interesting.

Industry news and views is pretty effective.
Barely a day passes without an announcement
from an explorer and this week is no different.
Among the deluge a statement from AIM-listed
Petroceltic (PCI:AIM) caught my eye: at first
glance the news seemed to be muttering
something about Tunisia... drilling to establish
presence of hydrocarbons... close to site of oil
find in 1958? Pretty bog standard, eh?
But wait a minute, whats this? Geologists
used by the firm reckon holes in the ground
here could produce reserves of 400 million
barrels. In the middle of the desert. Blimey!
Let me explain. Petroceltic has signed its
first licence in Tunisia to explore the Ksar
Hadada block, next to Libya. The well in
question is Sidi Toui 3 and apparently
Petroceltic plans to drill down 1,300 metres
and run tests over the next four weeks or so,
which should mean news by mid-December.
Spudded on Bonfire night using the China
Great Wall rig 92, could this mean fireworks for
Petroceltic? Shares 16% up over the past
month suggests investors are taking notice.

From shares mag.goal.

cheers for the info.

goal - 400M barrels lot of tanks of fuel! - so given the rockscatchers reckon there is already reserves there, when the news hits - as I mentioned before somone going to make a packet especially dithering about at this price - so 32p as tipped before a possible outcome?

Nice rise, big volume again.

Yes its the big volume i like, could be people in the know!

Big Al,

Do you think this is the start of maybe news starting to leak out or just a general increase in buying pre results? I remember you said that news might start to leak in the next 7 - 14 days.

Volumes have been impressive today and have been rising since Monday.

Monday - 5810450
Tuesday - 8270130
Wednesday - 16063217

Will be interesting to see what tomorrow's volumes will be like.

Cheers

Gav

Gav - dunno. Still think if they're on schedule then it's got to be getting there.

Volumes been higher on up days for quite a few weeks anyway so feel something has to give eventually. There's evidently strong interest out there as results near. Just realised my first tranche was now bought 2 months ago. That's quite a while for me! ;-))

crikey - dont log in for a day, and it shot up! well okay went up a penny...if been drilling must be some prelim results coming through - rockscratchers are old hands at this sort of thing

Good morning...

Rumours flying around everywhere:

But looks like 'positive' news is due out soon:


Rumours of imminent drilling updates from Petroceltic - Daily Express


Rumours of a bullish drilling update - Times


Hope we can finally get the show rolling!!!!!!

Good luck all.

yes agree - could do with an early xmas present - lots of buys already - theres no smoke... or is that oil I can sniff?

same here....I think we all deserve a bloody big early xmas present this year round courtesy of pci management and co :-)