Petrel Resources Share Discussion Threads

[felix0007] 22/3/2023 22:33

Dusseldorf... no the Petrel has successfully sailed many times before. Before being owned by Bill Gates late partner it was a succesful exploration vessel (see the relevance!!). It is now owned by the US Navy and i can only assume it has been in dry dock for routine maintenance or similar. After a successful past it has had a slight blip but will be back again for another phase of its life..... Much like the other PET i think!!!!

[dusseldorf] 22/3/2023 20:33

Ha, how apt a Petrel ship listing stuck in the docks having never set sail

[felix0007] 22/3/2023 19:25

Diddy that is interesting and to be honest i dont care how they travel as long as at some point they bring back the bacon!!

See Pet's namesake here.... maybe toppled but not sunk!!!!

[felix0007] 16/3/2023 08:02

A single large trade yesterday marked as a buy but why did the share price not move???

[ianio5691] 14/3/2023 13:04

From experience- A pump is more likely than not.Could be wrong, but no news for over 20 years....Suggests its a pump!

[felix0007] 13/3/2023 18:12

Interesting AP so you are suggesting these trades are purely a pump rather than any potential news coming in??

[apfindley] 13/3/2023 13:03

A "known" twitter personality loading up here and then will pump it on twitter so he can sell into a rise.Know the signs. You'll see in a few days.

[bronislav] 27/2/2023 15:45

The share price wont go up on potentially false claims.It seems clear that we have something developing news wise with a steady stream of relatively large trades going through.Personally i do think its ghana related.
Probably be here in 6 months at 1.3-1.5p🙄

[blakieboy7] 27/2/2023 15:04

That's something I spotted to

[bronislav] 27/2/2023 14:57

Flyhi.No date on your link so could be old link.posted by BUZZCOIN on lse .says it all .total nonesense.

[flyhi] 27/2/2023 14:26

hxxps://epoxyoil.com/petrel-partner and petrel on the move

PETREL, PARTNERS TO SETTLE DISPUTE OVER OFFSHORE ASSETS IN GHANA

[bronislav] 27/2/2023 10:07

Could Tano be on its way?30% could prove to be valuable indeed especially if petrel somehow monetise it..

[the chairman elect] 25/2/2023 10:02

Yes Bronislav at the end of the day the BODs will have to do what it says on the tin and nothing else!

[bronislav] 25/2/2023 09:58

All these quotes from directors dont really mean much .Its what they do and not what they say .Always interesting to see how these things play out.

[the chairman elect] 25/2/2023 08:05

Yes I do think that it is reassuring Bronislav that you may be on similar lines!

[the chairman elect] 25/2/2023 08:04

David Horgan, Director, commented:

"The supply/demand balance for oil is shifting in Iraq's favour. The dramatic growth in North American fracked output between 2005 and 2014 is no longer a concern for OPEC exporters. Sanctions on Russia, Iran and Venezuela had constrained the early development of their resources, while demand has returned to pre-pandemic levels - particularly in Asia."

"The new Iraqi Government plans to streamline contract awards and fiscal terms so as to deliver increased output for Iraq's economic development. We have the team, experience and skills to participate in the coming boom".

[the chairman elect] 25/2/2023 08:02

Petrel had previously conducted a Technical Cooperation Agreement on the Merjan oil-field in west-central Iraq, in a 50% partnership.

Following the steadily improving security conditions in this part of Iraq, and increasing global oil and gas prices, Petrel had proposed to develop this discovery under applicable Iraq contracts.

Post-election delays frustrated our efforts to advance this project, but as of October 2022 a new administration is being formed.

Accordingly, Petrel expects to enter into pre-qualification discussions with the Ministry of Oil. Discussions may cover Petrel's past studies on the Merjan-Kifl-West Kifl area, and the Mesozoic and Paleozoic potential of the Western Desert.

Directors and Secretaries Holdings

John Teeling and James Finn have participated in the placing on the same terms as described above as follows;

Name No of Placing Resultant Shareholding % of Enlarge
Shares Issued Share Capital

John Teeling 833,333 21,919,871 12.32
James Finn 833,333 13,618,718 7.66

[bronislav] 25/2/2023 08:02

Thats reassuring chairman that you may be on similar lines on pet.

[the chairman elect] 25/2/2023 07:44

Doubt it myself Bronislav but if you are seriously thinking much bigger picture stuff as eluded to previously then yes I get it I really do get it!!!!

[bronislav] 25/2/2023 07:37

Thinking Iraq is long gone chairman.A one off payment is probably the end result here butagain only my thoughts.

[the chairman elect] 25/2/2023 07:33

77 years young

[bronislav] 24/2/2023 19:37

Teeling wont want to sit on his large amount of shares forever.He isnt getting any younger .my way of approaching pet is not to think in terms of what i want and what my agenda is because i have no control over the company,however if i can explore what teeling will want and what his agenda might be i stand a chance of getting a return on my investment.