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PET Petrel Resources Plc

1.45
-0.10 (-6.45%)
Last Updated: 08:38:18
Delayed by 15 minutes
Share Name Share Symbol Market Type Share ISIN Share Description
Petrel Resources Plc LSE:PET London Ordinary Share IE0001340177 ORD EUR0.0125 (CDI)
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  -0.10 -6.45% 1.45 1.30 1.60 1.55 1.45 1.55 93,869 08:38:18
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
Oil And Gas Field Expl Svcs 0 -311k -0.0020 -7.25 2.28M
Petrel Resources Plc is listed in the Oil And Gas Field Expl Svcs sector of the London Stock Exchange with ticker PET. The last closing price for Petrel Resources was 1.55p. Over the last year, Petrel Resources shares have traded in a share price range of 0.85p to 3.45p.

Petrel Resources currently has 157,038,467 shares in issue. The market capitalisation of Petrel Resources is £2.28 million. Petrel Resources has a price to earnings ratio (PE ratio) of -7.25.

Petrel Resources Share Discussion Threads

Showing 32126 to 32145 of 37475 messages
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DateSubjectAuthorDiscuss
14/10/2020
15:13
crowdfunding ?
lippe
14/10/2020
13:42
Well done f66, nearly there at last the penny might be dropping into place for you. Now how do you think they will pay for those shares to get them back to 29.99%
bountyfull
14/10/2020
09:42
Totally agree The Sage.
kdickson
14/10/2020
08:59
Kurdistan has signed oil deals with Major's before. This, was of course, against the Federal Government's wishes. If relations are now on a more positive level, Baghdad might accept Erbil's ability to sign their own deals. I believe that there is a representative from Kurdistan in the delegation visiting Europe next week. This could prove to be just what the CP want. GLA.
the sage
14/10/2020
07:05
Latvia bank is old news, look at the new shiny one:

hxxps://netoilinc.com/ltd/2020/10/08/2020-negotiations-for-the-acquisition-of-42-5-of-eurobic-banco-bic-portugal/

Replace tt with xx

Which part of cycle are we in?

lippe_mk2
14/10/2020
06:23
"Netoil Limited is incorporated in the United Kingdom." on 15-10-2019

It has an issued share capital of £10,000 ... if the shares were all actually paid for...

"Netoil has the capacity to think out of the box financial solutions to structure financial engineering strategies for projects as well as mergers & acquisitions"

Well getting issued new company shares on credit - then not paying for them is "out of the box"

Their website does mention some stuff about banks - but nothing about the was it Baltic state bank ?

Also Tamraz is Not a director according to Companies House.....

fenners66
14/10/2020
06:22
Further to my previous post illustrating the modus operandi of the BOD and the way they spaff millions in far flung hard to get to places rather than develop projects closer to home take a look at this.... it's do able if the intention was to actually produce something.
exile
13/10/2020
22:25
Good news!

The largest shareholders are buying a new bank in Portugal.

Website is updated with a new video.

Steadycam or Gimbal?

lippe_mk2
13/10/2020
20:25
I only see that as possible if the CP have resolved the share trading debacle - there has been no announcement that they have so we can only assume they haven't. I hope our BoD are getting a deal over the line right now, without waiting - the CP may well have to pay a heck of lot more to take us over than they had planned.
holdingtight
13/10/2020
19:33
The CP will take control of Petrel.
kdickson
13/10/2020
19:32
I don't think I feel positive or negative.

I suppose I feel it's 50/50.

ducky fuzz
13/10/2020
19:27
We still have Itochu on our team I believe.
holdingtight
13/10/2020
19:14
Imo I think Pet and CP need to sort things out I can't see contracts being given to a divided company as it seems we are at the moment CP a on one side and pet on the other and I believe it's asking to much in this day and age for a minnow like pet to get anything alone.Maybe crumbs from the likes of Total or a joining of forces or a takeout by the CP is how I feel it will have to be.All the posts make great reading but Pet are silent as the grave and that has usually realised fiddly squat.Sorry to kerb the enthusiasm but realism as a pet holder for 20 years does make you a realist.Really really happy to be massively proved wrong.
palace pete
13/10/2020
19:08
AJ, he's lining them up...BP, Total ;)
kdickson
13/10/2020
19:06
The Chairman,Nice one. Loved it :0)
lithological heterogeneities
13/10/2020
17:50
lippe you working a lot of overtime tonight..... lolz
bountyfull
13/10/2020
17:48
I would be surprised if PET obtains a deal at the Iraq Conference but without doubt the tide is turning and hopefully a steady stream of good news will follow soon.
bountyfull
13/10/2020
17:30
Given that Mr Horgan intimated it was odds on that Petrel would be involved in Iraq and given that it appears that this Iraqi delegation could be following a similar path as it did on its visit to America,consequently signing deals it is not too optimistic to believe that Petrels name could be in the spotlight soon.
bronislav
13/10/2020
17:16
Total company to increase investment in Iraq
2020-10-13 17:21

Shafaq News /

The Iraqi Prime Minister, Mustafa Al-Kadhimi, met today, Tuesday, the chairman and CEO of Total, Patrick Pouyanné, in the presence of the Minister of Oil, Ihsan Abdul-Jabbar.

"The two sides discussed ways to strengthen cooperation in oil and gas fields, and to increase effective investment in the associated gas in generating power," According to a statement issued by Al-Kadhimi's office.

Total has been active in Iraq since the 1920s in oil and gas exploration and production. Today, it is also market petroleum products and related services.

hxxps://shafaq.com/en/Economy/Total-company-to-increase-investment-in-Iraq

ajj2003
13/10/2020
17:06
Just to keep our feet on the ground, there's no guarantee that there will be any deal announcements relating to Petrel (or even Netoil) actually made at the Iraq Conference. It's more likely that only high profile deals would be immediately announced with big IOC's.

Deals with lower profile 'second tier' companies (like Petrel) would more likely follow over the following days and weeks (in my opinion).

Of course, anything could happen!!

kdickson
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