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[fenners66] 28/9/2020 10:35

Rev Dave ... Lol

On an unrelated topic.
Article in DM over the weekend tells of how the Russian authorities have arrested a man who (they say) proclaims himself to be the son of God.

It seems far fetched - but they go on to say he has 50,000 followers...
seems he preached over the internet.

Just goes to show , some people will believe almost anything....

[valentine73] 28/9/2020 09:29

100k buy and another 50k buy on Nex

[the sage] 28/9/2020 09:16

We haven't heard from cpap man for a while. Are you about mate? Any whispers in Dublin?

[exile] 28/9/2020 08:38

smcl bountyfull what is a bulletin board for ? to discuss stocks, companies in general etc ? To give opinion and read others opinions on investing/trading strategy ? Why are you both surprised at how wrong you have been ? why can't you accept that some on here have called it correctly ?

[the sage] 28/9/2020 06:53

In an email reply to me, Michel Fayad said that the CP won't tell us what they will do, they will show us what they will do. They will be actively working on something.

[elmfield] 27/9/2020 21:47

Next few weeks going to be interesting,
Either way.

[lippe] 27/9/2020 20:39

Are the rose tinties now deflecting the abject failures of the Rev Dave by worshipping in the house of the truth tellers

[palace pete] 27/9/2020 19:51

I will put that post up on my wall if it all comes together.Cheers ajj.

[ajj2003] 27/9/2020 17:58

PET with and without the Concert Party, however fully believe both horses will come in to make the last twenty years well worthwhile for all of us.

[palace pete] 27/9/2020 17:55

Ajj is that a reference to Clon?as I don't think for 1 minute Ghana will provide the riches Iraq will or Pet and CP.?

[ajj2003] 27/9/2020 17:50

Always shrewd to back both runners in a two horse race ;)

[bountyfull] 27/9/2020 17:35

Thanks KD. I also think that the Merjan, Kifl and West Kifl fields are under currently discussion and that is why you get the likes of f66 going into overdrive.

[bountyfull] 27/9/2020 17:29

Good point smcl - I think in f66 case it's point 3. He is far too smart to be anything else. So it begs the question - why?

[smcl] 27/9/2020 17:14

Simple ask- Why do posters repeat the same rubbish post after post?

1. Is it because they care about your investment?
2. They are lonely and it’s their only social outlet
3. They are furthering their own or others agenda
4. They are a total pain in the€&&()€;.

Please tick as appropriate.

[smcl] 27/9/2020 17:08

In addition to high risk- another problem with AIM- is posters with... what?

An AGENDA!!!!!!

[smcl] 27/9/2020 17:06

Fenners66- WE KNOW ALL THIS?

BIG QUESTION- (1) why do you keep posting with the same comments and (2) what is/are your motives(s)...

Posters..... think on

[fenners66] 27/9/2020 16:52

kd gambler at it again....

"2008 - "We anticipate further progress and involvement in this area...when it is legally and politically possible".


so 12 years later and nothing ....
lots of other world class oil companies have been operating in Iraq so clearly for them progress was both legally and politically possible.....

But nothing for this minnow with no production experience and less than a years admin costs left in the bank - no cash for any development.

So simple question is - is it the case that since PET are NOT pre-qualified for projects, does that mean ,
it is NOT "legally and politically possible"

Seems to me no amount of wishing and hype changes the facts as demonstrated by 20 years of talk and no profit...

[palace pete] 27/9/2020 16:11

Thanks kd I do really hope our ducks line up this time no balls ups occur and we get a well deserved run to our riches. I'd like to believe that would be possible but with Pet who can be sure.Inshalla it will all come together

[kdickson] 27/9/2020 15:52

Looking at the timeline of all references (and clues) to Merjan, I am convinced that Merjan, Kifl and West Kifl are the fields that Petrel have been having 'commercially sensitive' talks about with the Iraqi authorities.

It just makes complete and obvious sense (to me at least!) that this should be the case once you absorb all the 'evidence' below as a whole. Why would the Iraqi's ever consider giving it to any other company?


2004 to 2007 - Petrel successfully completes TCA study work on Merjan with Itochu as 50% partner.

2008 - "We anticipate further progress and involvement in this area...when it is legally and politically possible".

June 2009 - "All existing data was reviewed and analysed, and development proposals prepared...a PSA on Merjan would build on the work done by Petrel".

2009 to 2011 - Petrel continue to state they are interested in exploring and developing Merjan.

Dec 2018 (Irish Independent) - "Once a contract is awarded to the group 'on favourable terms', it is ready to start work".

Sep 2019 (Interim Report) - "...the Merjan oil discovery...which has recently been packaged with Kifl & West Kifl oil fields, has arisen as a possible development project".

The Merjan oilfield and surroundings...has recently been covered by 1,000 sq km 3D seismic...by the Iraqi Oil Exploration Company. This enhanced data should further minimize the risks & costs of development.



Nov 2019 (EGM) - Tamraz states "a project that was in Petrel but not developed for political reasons, should start developing".

Dec 2019 (Irish Independent) - "The Iraqis...are one of the top producers again with great potential. We will definitely have several attractive opportunities there."

"We have got a couple of projects that will come back to life hopefully" [KD: Merjan, Block 6, Subha & Luhais?]


May 2020 (Placing RNS) - "Discussions may cover Petrel's past studies on the Merjan-Kifl-West Kifl area...".

June 2020 (email from DH) - "...it is clear from the Merjan logs (on the 1982 Mobil well) that the oil reservoir is much greater than the numbers [760m barrels] calculated" [KD: > 1 billion?]

July 2020 (DH questions and answers):
Q: Has Merjan perhaps become a very realistic opportunity again?
DH: Inshalla. With updated fiscal terms, Merjan becomes attractive.

Sep 2020 (Interim Report) - "With appropriate terms and pipeline access, the Merjan oil-field seems poised for early development".

[the sage] 27/9/2020 11:01

With the Worldwide increase in Covid infections, this might give added impetus to the powers that be to announce our deal in Iraq. I think it was JT who mentioned that the Iraqi’s need to move quickly. Sometime in October would be good.

[the diddymen] 26/9/2020 22:22

elmfield, AJJ still here. Ten years worth of dreams!

TD

[exile] 25/9/2020 20:38

Rev Dave LOL !!!!!