Petroceltic Share Discussion Threads

[georgesorearsee] 18/2/2011 13:02

Blue have you been out drinking Dave's Stella ??

[jinxter] 18/2/2011 13:02

Round robin email of sizable condensate discovery on at-4,, thats liquids yea?

[2maximus] 18/2/2011 13:02

Blue, there isn't one gramatical error or spelling mistake in that lot, how do you do it??

[blue86] 18/2/2011 13:00

NEWS PLEASE NOW NEWS PLEASE NOW NEWS PLEASE NOW NEWS PLEASE NOW NEWS PLEASE NOW NEWS PLEASE NOW NEWS PLEASE NOW NEWS PLEASE NOW NEWS PLEASE NOW NEWS PLEASE NOW NEWS PLEASE NOW NEWS PLEASE NOW NEWS PLEASE NOW NEWS PLEASE NOW NEWS PLEASE NOW NEWS PLEASE NOW NEWS PLEASE NOW NEWS PLEASE NOW NEWS PLEASE NOW NEWS PLEASE NOW NEWS PLEASE NOW NEWS PLEASE NOW NEWS PLEASE NOW NEWS PLEASE NOW NEWS PLEASE NOW NEWS PLEASE NOW NEWS PLEASE NOW NEWS PLEASE NOW NEWS PLEASE NOW NEWS PLEASE NOW NEWS PLEASE NOW NEWS PLEASE NOW NEWS PLEASE NOW NEWS PLEASE NOW NEWS PLEASE NOW NEWS PLEASE NOW NEWS PLEASE NOW NEWS PLEASE NOW NEWS PLEASE NOW NEWS PLEASE NOW NEWS PLEASE NOW NEWS PLEASE NOW NEWS PLEASE NOW NEWS PLEASE NOW NEWS PLEASE NOW NEWS PLEASE NOW NEWS PLEASE NOW NEWS PLEASE NOW NEWS PLEASE NOW NEWS PLEASE NOW NEWS PLEASE NOW NEWS PLEASE NOW NEWS PLEASE NOW NEWS PLEASE NOW NEWS PLEASE NOW NEWS PLEASE NOW NEWS PLEASE NOW NEWS PLEASE NOW NEWS PLEASE NOW NEWS PLEASE NOW NEWS PLEASE NOW NEWS PLEASE NOW NEWS PLEASE NOW NEWS PLEASE NOW NEWS PLEASE NOW NEWS PLEASE NOW NEWS PLEASE NOW NEWS PLEASE NOW NEWS PLEASE NOW NEWS PLEASE NOW NEWS PLEASE NOW NEWS PLEASE NOW NEWS PLEASE NOW NEWS PLEASE NOW NEWS PLEASE NOW NEWS PLEASE NOW NEWS PLEASE NOW NEWS PLEASE NOW NEWS PLEASE NOW NEWS PLEASE NOW NEWS PLEASE NOW NEWS PLEASE NOW NEWS PLEASE NOW NEWS PLEASE NOW NEWS PLEASE NOW NEWS PLEASE NOW NEWS PLEASE NOW NEWS PLEASE NOW NEWS PLEASE NOW NEWS PLEASE NOW NEWS PLEASE NOW NEWS PLEASE NOW NEWS PLEASE NOW NEWS PLEASE NOW NEWS PLEASE NOW NEWS PLEASE NOW NEWS PLEASE NOW NEWS PLEASE NOW NEWS PLEASE NOW NEWS PLEASE NOW NEWS PLEASE NOW NEWS PLEASE NOW NEWS PLEASE NOW NEWS PLEASE NOW NEWS PLEASE NOW NEWS PLEASE NOW NEWS PLEASE NOW NEWS PLEASE NOW NEWS PLEASE NOW NEWS PLEASE NOW NEWS PLEASE NOW NEWS PLEASE NOW NEWS PLEASE NOW NEWS PLEASE NOW NEWS PLEASE NOW NEWS PLEASE NOW NEWS PLEASE NOW NEWS PLEASE NOW NEWS PLEASE NOW NEWS PLEASE NOW NEWS PLEASE NOW NEWS PLEASE NOW NEWS PLEASE NOW NEWS PLEASE NOW NEWS PLEASE NOW NEWS PLEASE NOW NEWS PLEASE NOW NEWS PLEASE NOW NEWS PLEASE NOW NEWS PLEASE NOW NEWS PLEASE NOW NEWS PLEASE NOW NEWS PLEASE NOW NEWS PLEASE NOW NEWS PLEASE NOW NEWS PLEASE NOW NEWS PLEASE NOW NEWS PLEASE NOW NEWS PLEASE NOW NEWS PLEASE NOW NEWS PLEASE NOW NEWS PLEASE NOW NEWS PLEASE NOW NEWS PLEASE NOW NEWS PLEASE NOW NEWS PLEASE NOW NEWS PLEASE NOW NEWS PLEASE NOW NEWS PLEASE NOW NEWS PLEASE NOW NEWS PLEASE NOW NEWS PLEASE NOW NEWS PLEASE NOW NEWS PLEASE NOW NEWS PLEASE NOW NEWS PLEASE NOW NEWS PLEASE NOW NEWS PLEASE NOW NEWS PLEASE NOW NEWS PLEASE NOW NEWS PLEASE NOW NEWS PLEASE NOW NEWS PLEASE NOW NEWS PLEASE NOW NEWS PLEASE NOW NEWS PLEASE NOW NEWS PLEASE NOW NEWS PLEASE NOW NEWS PLEASE NOW NEWS PLEASE NOW NEWS PLEASE NOW NEWS PLEASE NOW NEWS PLEASE NOW NEWS PLEASE NOW NEWS PLEASE NOW NEWS PLEASE NOW NEWS PLEASE NOW NEWS PLEASE NOW NEWS PLEASE NOW NEWS PLEASE NOW NEWS PLEASE NOW NEWS PLEASE NOW NEWS PLEASE NOW NEWS PLEASE NOW NEWS PLEASE NOW NEWS PLEASE NOW NEWS PLEASE NOW NEWS PLEASE NOW NEWS PLEASE NOW NEWS PLEASE NOW NEWS PLEASE NOW NEWS PLEASE NOW NEWS PLEASE NOW NEWS PLEASE NOW NEWS PLEASE NOW NEWS PLEASE NOW NEWS PLEASE NOW NEWS PLEASE NOW NEWS PLEASE NOW NEWS PLEASE NOW NEWS PLEASE NOW NEWS PLEASE NOW NEWS PLEASE NOW NEWS PLEASE NOW NEWS PLEASE NOW NEWS PLEASE NOW NEWS PLEASE NOW NEWS PLEASE NOW NEWS PLEASE NOW NEWS PLEASE NOW NEWS PLEASE NOW NEWS PLEASE NOW NEWS PLEASE NOW NEWS PLEASE NOW NEWS PLEASE NOW NEWS PLEASE NOW NEWS PLEASE NOW NEWS PLEASE NOW NEWS PLEASE NOW NEWS PLEASE NOW NEWS PLEASE NOW NEWS PLEASE NOW NEWS PLEASE NOW NEWS PLEASE NOW NEWS PLEASE NOW NEWS PLEASE NOW NEWS PLEASE NOW NEWS PLEASE NOW NEWS PLEASE NOW NEWS PLEASE NOW NEWS PLEASE NOW NEWS PLEASE NOW NEWS PLEASE NOW NEWS PLEASE NOW NEWS PLEASE NOW NEWS PLEASE NOW NEWS PLEASE NOW NEWS PLEASE NOW NEWS PLEASE NOW NEWS PLEASE NOW NEWS PLEASE NOW NEWS PLEASE NOW NEWS PLEASE NOW NEWS PLEASE NOW NEWS PLEASE NOW NEWS PLEASE NOW NEWS PLEASE NOW NEWS PLEASE NOW NEWS PLEASE NOW NEWS PLEASE NOW NEWS PLEASE NOW NEWS PLEASE NOW NEWS PLEASE NOW NEWS PLEASE NOW NEWS PLEASE NOW NEWS PLEASE NOW NEWS PLEASE NOW NEWS PLEASE NOW NEWS PLEASE NOW NEWS PLEASE NOW NEWS PLEASE NOW NEWS PLEASE NOW NEWS PLEASE NOW NEWS PLEASE NOW NEWS PLEASE NOW NEWS PLEASE NOW NEWS PLEASE NOW NEWS PLEASE NOW NEWS PLEASE NOW NEWS PLEASE NOW NEWS PLEASE NOW NEWS PLEASE NOW NEWS PLEASE NOW NEWS PLEASE NOW NEWS PLEASE NOW NEWS PLEASE NOW NEWS PLEASE NOW
THANKS

[freelunch] 18/2/2011 12:54

GB we have never had anything but good test results even AT-3 which had people running for the hills was not conclusive more of a technical issue from what I understood. We are sitting on a "massive" asset but the market wants someone else but Brian to confirm it. This will be our year

[goldbug6] 18/2/2011 12:48

All big sell offers are gone, which is unusual. We are guessing a good flow rate on the way, but how good? a superb result could get us past recent highs. I am seriously expecting the trading pattern to change (really seriously) its been too predictable - dave wants this higher now, remember on AT-4 drill result he waited for sellers to depart before taking it up to 15.5? ...we await our fate, and an RNS!

[greatfull dead] 18/2/2011 12:43

AT-4 well hopefully having now being fractured stimulated successfully we should get flow rates in say less than one to two weeks time.

On the subject of where the share price will be when the farm out of an initial 18% of PCI holding in Isarene. My guesstimate would be in excess of 25p. This is based on hopefully very good the flow rates from AT- well. I guesstimate the share price to rise to a minimum of 15p based on the flow rates reported in the RNS to come.

Lets not forget the field is getting bigger as PCI continue this drill campaign.

GD

[freelunch] 18/2/2011 12:41

Good point Herm this could go anywhere this afternoon after Daves had his Stella!!

[georgesorearsee] 18/2/2011 12:39

Goldbug - "So the big question is, whats 18% worth?"

Its just under one fifth mate.

[hermana3] 18/2/2011 12:39

FL,even dave is only resting his finger on the trigger today and it is Friday lunchtime very soon....

[freelunch] 18/2/2011 12:35

A couple of chunky trades today must be confident of something!!!

[hermana3] 18/2/2011 12:34

Waba,it is 18.375% of PCI 75% ie 13.78% of Isarene. First of 3 farmouts with plan to leave PCI with 20%(this is subject to change of course).

[rallyman2] 18/2/2011 12:23

nice run to 14p on l2

[bones30] 18/2/2011 12:18

Orderbook is looking unusually quiet on the offer side. GB6 - you are our resident Dave expert... your take?

[freelunch] 18/2/2011 12:17

The trend will not break GB till we get something concrete to confirm the asset. When it comes this will be over 20p it's just I hope it's in my lifetime.

Anyway looking very strong today!!

[jinxter] 18/2/2011 12:15

I am in for 20 pence october, november, hoping for 40% return from here which easily possible.

[goldbug6] 18/2/2011 12:02

Yeah, but you can bet if you sell....that bloody farmout will roll in. After 18 months, I'm not being out of this one for the world!

[billy_buffin] 18/2/2011 11:59

Bang on free

[goldbug6] 18/2/2011 11:59

If this flow rate is very good I think that will be what the farmout is waiting on - if it were me putting in millions of pounds I would want to know its extractable, as after AT-3 it threw some doubts in. I know the rumor is we are waiting on Sonatrach but that's the obvious and easy reply to the delay question.
We shall see.....
So the big question is, whats 18% worth?

L2 looks v. strong

[freelunch] 18/2/2011 11:53

Yup the results are on there way Tuesday my guess and clearly they are good. So we rise to 14.5p and then on results day fall back to 13.5 on great news. All make sense?

[rallyman2] 18/2/2011 11:43

hmmm 13.25p

[waba] 18/2/2011 11:01

Can someone confirm is the 1st farmout proposed 18 % of the total or 18 % of PCI`s 75%.


Eg Sona 25%, Pci 57%, farmout 18% or Sona 25%, PCI 61.5%, Farmout 13.5 %.

Sorry for Q, on hols and having problems with connection etc, cant download presentation properly.

[hermana3] 18/2/2011 10:16

Tom H. seemed hopeful on outcome and he has seen a wee bit more than us. The Chinese will be chomping at the bit as only they really can.

[freelunch] 18/2/2011 10:14

Ahh a good rumour and possibly a leak.....perfect!!