Petrel Resources Share Discussion Threads

[fenners66] 10/10/2022 14:58

"Dusseldorf
10 Oct '22 - 14:11 - 20635 of 20635

My phone app had delight in sending a push notification just now that PET had reached an 'all time low' is that true?"

I was just looking at the chart wondering if that was an all time low - so lets assume so.

Terry has even moved on to spin yarns about another narrative company... so what's left ?

[dusseldorf] 10/10/2022 14:11

My phone app had delight in sending a push notification just now that PET had reached an 'all time low' is that true?

[lippe] 27/9/2022 16:34

Meanwhile on the mad, sad and deluded thread, AJ shill is posting absolute tosh from Iraq Business News, a company run out of Shropshire with a managing director / editor answering to the name of lolz Padraig O'Hannelly ...

[ajj2003] 27/9/2022 14:33

Petrel calls for Reform of Iraqi Oil Contracts

27th September 2022 in Iraq Oil & Gas News, Politics
By John Lee.

Petrel Resources has said that Iraq's Ministry of Oil should negotiate Production Sharing Agreements to replace the existing service contracts, as, "this would better align the interests of the parties, and create more wealth, value-added in downstream industries like refined products and petrochemicals, infrastructure and employment for Iraq."

In its unaudited interim statement for the six months ended 30 June 2022, the company mentions that an updated development proposal for the Merjan oil field has been submitted to the Ministry, but adds that it "requires an operating Iraqi Government in order to proceed".

It adds that its Iraqi Director, Riadh Ani, has resigned in order to enter public service.

More here.

The company claims to have an interest in Iraq's Block 6 in the Western Desert, subject to ratification.

(Source: Petrel Resources)

Share

hxxps://www.iraq-businessnews.com/2022/09/27/petrel-calls-for-reform-of-iraqi-oil-contracts/

[toopoor] 27/9/2022 14:01

short this is a lifestyle company for directors.
they have not created shareholder value.

[toopoor] 27/9/2022 14:00

why is that on the aim corrupt market the shorters always win


if you had shorted many shares on aim corrupt market then you would have been a multi millionaire.


aim corrupt market is a shorters paradise.


short this dog to 0.5p

[dusseldorf] 27/9/2022 13:58

Nice - a one way track to new all time lows..... queue Director conversion of debt at 1p.

[currypasty] 27/9/2022 11:46

If they need a few more shillings to keep the lights on, they had better get on with it as the shares are 1.25p nominal value, so they cant place at less than that without meeting / authority

[jotoha2] 27/9/2022 11:34

The BOD have had every opportunity to make something of Iraq , clearly they do not have the mental ability to run an O & G company , dead cat bounce will be the only opportunity here .

[fenners66] 27/9/2022 10:36

On a day when Nymex falls below $78 a barrel they release this BS

" But recent oil & price surges show that major new investment is required to service global demand. Petrel Resources hopes to participate in the coming boom. "

Perhaps they wrote that 6 months ago , and have been soooooooooooooooo busy , (looking for the petty cash tin to buy some more tea bags ?) they did not have time to re-write it , to reflect reality....

[1teemore] 27/9/2022 10:28

Is that all you get to post.

[jotoha2] 27/9/2022 10:00

She is very happy with where she is , as for this lot , cash will be required soon for the greedy little snorters , may take a punt once we see the cash for a little bounce .

[jotoha2] 27/9/2022 09:53

Cash required to keep the lights on here , cash raise probably around half a penny , ouch.

[fenners66] 27/9/2022 09:48

So when is your friend listing her corner shop ?
Got a lot more going for it than this stinking pile of poo

[rangenoresources] 27/9/2022 09:23

Fake Arnie works for a deramping boiler room and is paid 10p a post 7 days a week.

[walterwhite1] 27/9/2022 09:23

Only ending I can see here is an RTO when the 'company' share price is 0.1p.
Send David to the Ukraine front line - then he might actually earn some ££

[honestmarty] 27/9/2022 09:08

How?

Because that's what this beastie is truly about.

Shareholders fund a cash raise.

Director's take salaries.

Rinse and repeat.

Same story for over 20 years.

How it continues to operate is beyond me.

Why would anyone flush their wealth down this sewer?

[fenners66] 27/9/2022 08:38

Retained deficit EUR 23,865,000

How did they get away with that ?