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PET Petrel Resources Plc

1.35
-0.20 (-12.90%)
28 Mar 2024 - Closed
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
  -0.20 -12.90% 1.35 1.30 1.40 1.55 1.35 1.55 362,572 15:06:14
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
Oil And Gas Field Expl Svcs 0 -311k -0.0020 -6.75 2.12M
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 £2.12 million. Petrel Resources has a price to earnings ratio (PE ratio) of -6.75.

Petrel Resources Share Discussion Threads

Showing 35176 to 35193 of 37475 messages
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DateSubjectAuthorDiscuss
15/10/2021
11:36
"It's the 'modus operandi' of EYCP to drag out court cases with the clients they've defrauded. "

That's a massive assumption, I have my own speculation too: The Concert party signed away all their rights and transferred ownership of their stock (stock which they were NOT allowed to transfer ownership of or sell) to EYCP for some ulterior motive - in my view short selling knowing full well they only had to transfer a nominal USD amount to cover their next contribution and get more stock at discount to market.

Remember when this was, it's very important - not when they got the shares but at the absolute market peak price - that speaks volumes.

Then they got caught out, and remember its only after repeated demands from the company that they even bothered owning up to the fact that they relinquished control of locked shares - like it was a 'surprise' where the sales volume was coming from.

The reason they've been unable to get shares back, I'd hazard a guess, is because they have no single leg to stand on, they never did - they short sold stock which was discount priced anyway - to further fund more discounted shares. Honestly the next statement will be that the concert have disposed of all their shares (at a profit too), they walk away, having 'smoke and mirrors for assets' throughout the whole charade.

Yeah, I could be wrong, but when it smells like BS, 99% of the time it is.

dusseldorf
15/10/2021
10:06
It's the 'modus operandi' of EYCP to drag out court cases with the clients they've defrauded. Anyhow, the case is virtually irrelevant to us now as Petrel are pursuing things without Netoil as far as I know.
kdickson
15/10/2021
09:26
How long is this bloody court case going to go on for?!
blakieboy7
14/10/2021
09:48
I don't think we know what the CP's intentions really are. Probably depends on the outcome of the US court case against them by EYCP.
kdickson
14/10/2021
09:20
500k sell presumably from yesterday. Are we still waiting for concert party to sell their remaining balances?
dusseldorf
12/10/2021
12:57
Kenneth's got TMD, and it's still lolz limp ...
lippe
12/10/2021
08:19
This needs lolz fluffing kenneth to keep it up.

Heads high, kill them with the no, just make the share price know you nah blow ...

lippe
11/10/2021
21:16
Looks like Al-Sadr's shi'ite party has won again increasing their vote from 54 in 2018 to 73 this time.
This is the same party that DH was happy about winning in 2018, saying in the AR of that year "Pro-business parties won the 2018 elections".

Hopefully it won't take weeks/months to agree and form the new coalition government.

kdickson
11/10/2021
10:20
It's getting desperate the multi avatar Dougal is reduced to talking to himself ...

Aye Lolz and what's the frequency Kenneth ?

lippe
11/10/2021
07:46
Looking far from dead to me
malc5
10/10/2021
21:27
Diddy, maybe you should sell up and get into XTR (Xtra large Troll Rubbish bin)

Lolz, bantz, Aye! ;)

kdickson
10/10/2021
11:14
Iraq general election today, could be the catalyst for our £ 10 party, Aye !
bit coin
07/10/2021
14:50
The waste paper basket overfloweth with beaks, feet and formed oirish stools ..
lippe
07/10/2021
11:07
If Carlsberg did oil partners ....
ajj2003
07/10/2021
10:25
Iraq's aims to boost crude output to 8 million bpd by 2027
(The National News, Sarmad Khan Oct 6, 2021)

Iraq is also investing in new infrastructure to expand its EXPORT capacity, the minister said. “Our target is to reach more than 6 million bpd by the end of 2024.”

The country, Mr Ismail said, was already in the process of bidding for a new offshore pipeline, which will help boost its EXPORT capacity from the current 4 million bpd.

In June, Iraq's oil ministry spokesman Aseem Jihad said the country planned to EXPORT its crude to global markets in “America, ASIA and Europe”.

----------------

Now, wouldn't it make sense for the IOM/INOC to work with a 'global energy company' that:

- they already know (19.6 % of West Quarna-1 field)

- is already familiar with EXPORTING / selling equity crude to Japan/Asia (from W.Quarna-1)

- is the top Japanese trading conglomerate

- Warren Buffet has just taken a 5% holding in (last year)

- is from Japan, a country considered 'neutral' and that relies on oil/gas imports

- is already very familiar with the Western Desert geology (via Petrel/Merjan, etc)

- has its own Oil Exploration division.

Just saying :)

kdickson
07/10/2021
09:15
It couldn't deliver a lolz pizza ...
lippe
07/10/2021
08:34
Problem is everyone of the ramp fantasies in the past has caught people buying the rumour at the top...
then they either become long term holders ,or sell at a loss.

They place their own bets , its their choice , but it needs to be an informed choice... look at the past record , it has never delivered a business.

fenners66
07/10/2021
07:46
What's the frequency Kenneth ...
lippe
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