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

i'm not very convinced by this company, but am disinclined to crystalise the modest loss still showing ..... i'll keep my fingers crossed; safer than holding breath

Likewise

Let's hope for a break through 200 DMA.

Drill RNS in next 5 days

would be nice if they discovered other than sand

and again very heavy volume indeed

Petroceltic are about to start in Algeria again and also farm in worth some hundreds of millions. They are also going into the rich fields of Kurdistan I believe. Cheap at 11p.

But what about this Tunisia drill?

So, Scottish Widows have bought another 40 million shares then

Tis good news too but with Tunisia,Algeria and Kurdistan news before end of month too.

Goon on IRG III thread says they are drafting RNS currently. Will we be quaffing Bolly at brekkie time manana????

only to drown sorrows on past record

Is this going to come right at long last ?.....18 months ago :..I would have thought that this would be at least 2 to 3 times the present sp.....

well i'm having some bubbles tonight anyway as i need a bit of cheering after a pretty shitty day on the markets - c'est la vie! it's been a good and strong run and couldn't continue indefinitely ..... NY's looking pretty dodgy too

Sorry to hear that Cynic. Had a reasonably good day on SOLA & FENR. Banked some good profits, but about bloo*y time PCI delivered some good news. Can't hang on to these forever!

HC,give 'em till end year anyway...

StockMarketWire.com
Oil and gas company Petroceltic said preparations for the 2010/2011 Ain Tsila field appraisal campaign in Algeria, due to start in November, were progressing well.

Civil engineering works had been completed at the AT-4 well location and the site was ready to receive the rig for the start of drilling.

However, at the Ksar Hadada permit in Tunisia, the Sidi Toui-4 exploration well is to be plugged and abandoned after the oil saturation and reservoir fracturation was found to be insufficient to justify testing.

CEO Brian O'Cathain said the results of the studies on Ain Tsila field work so far were extremely encouraging. The company looked forward to confirming additional gas in place and the likely recoverable reserves.

While the outcome of the ST-4 exploration well was disappointing, the extensive modern logging data collected would now be used to high-grade the remaining prospect inventory for the permit.

Petroceltic would review all the data collected from the well before making a decision on whether to continue with further exploration on the Ksar Hadada block.

Que sera sera

i reckon this company performs about as well as EME

Oops! Dont like that one much.

so tell me the last time PCI actually performed to its promise?