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.

Slowly moving up.

How right you are.

mitzy you may have a problem, go to the doc's. Ha!Ha!
2517

I agree George my problem is I want to buy a few more.
Your in good company here.

Oil is rising, helping the sp up, drilling is also set to resume shortly....

I reckon 50p next week with a bit of luck.

If it goes up too much : a little retreat is possible but with exploration drilling coming up very soon and in the event of any substantial discovery, the pound here we come...

A retreat it is .

Shares in Matad and Char are going well today plenty more to come in my opinion.

35p to buy today...and 34p to sell.

Down today but with drilling les than 2 months away I will continue to hold.

I'd say within 2 weeks they should be up and running again...

this has to be another stock for nutters, even if it is to spud in a couple of months ..... apart from the fact there is a strong chance they'll come up with a duster, this stock is hopelessly illiquid and carries an unacceptably wide spread

oil to be $100 in 2 months? ...... on what basis? ..... though world economies are recovering, with their inevitable increased consumption in all commodities, a 25% (sustained) increase in oil prices is very silly talk indeed

On the basis I bought @14p.

There is the fact that just a few miles away : another oil company has successfully drilled several wells.....

How right you are rf there is a well literally 1 mile away across the Border...producing oil.

get a life for goodness sake! .... what happened to TRP and assorted E&P companies in North Sea?

and if you bought at 14p and have failed to bank any profits along the way ..... well, i guess no comment required!

There was nobody drilling near TRP...that was risky (very)......this one should go higher when drilling resumes (harsh winter)...

but you take the point i trust ..... proximity often has little effect on the final result

There is a big, big chance of them coming up with something...it's like all these small oil companies...in the world of risky small companies I would say : medium risk...