Petrel Resources Share Discussion Threads

[aberloon2] 17/6/2024 11:15

It has now...

[slim pickings] 17/6/2024 10:29

And on any other day those buys would have sent the price up !

[valentine73] 17/6/2024 10:21

Seeems to be some buying interest again recently and today

[currypasty] 17/6/2024 09:21

any profit in clon coming here ?

[goggin] 14/6/2024 16:31

5k, not the biggest punt but still 5k?

[felix0007] 14/6/2024 14:11

Thats a considerable buy and certainly considerable for someone speculating on some possible positive news in the AR!! Does someone know something??

[currypasty] 11/6/2024 14:19

finals due in a few weeks... i wonder how much cash is left

[kdickson] 11/6/2024 13:23

The Basra-Haditha pipeline still on the agenda.


Iraqi government defends controversial Basra-Haditha pipeline

10-6-2024 17:10
Shafaq News/ Iraq's oil ministry on Monday defended the controversial Basrah-Hadithah oil pipeline project, saying it boosts the economy, creates jobs, and improves export flexibility.

The ministry, in a statement, emphasized the pipeline's role as a major "development project" that would "provide significant flexibility for transporting and exporting crude oil within Iraq and abroad."

It added the project would create "thousands of employment opportunities across various regions."

The pipeline has faced criticism, with some questioning its economic viability and expressing concerns raised on social media about "inaccurate information."

The ministry added that the project is a part of the broader "Development Road" initiative with plans to extend parallel gas pipelines in a bid to render Iraq an "international transit territory" for natural gas trade.

[dusseldorf] 11/6/2024 09:10

"Reports that say that something hasn't happened are always interesting to me, because as we know, there are known knowns; there are things we know we know. We also know there are known unknowns; that is to say we know there are some things we do not know. But there are also unknown unknowns - the ones we don't know we don't know"

Donald Rumsfeld 02/12/2002

[1teemore] 11/6/2024 01:03

Have all ye guys done something silly and now you start blaming someone else- is that not a sign of gross stupidity!

[felix0007] 10/6/2024 20:45

KD lets hope and lets hope there are some currently unknown developments!!

[kdickson] 10/6/2024 12:59

That's the big question Felix.

[felix0007] 10/6/2024 12:38

End of year results are due in the next 10 days or so and wondering what, if anything, these may reveal about the Iraq situation??

[bigbudda] 10/6/2024 11:40

RE Merjan i wonder if the Chineese would be interested in paying PET for all our data banks and research we did on it surely it must have some value ?

[dusseldorf] 10/6/2024 08:58

Some DH commentary from CLON - helpings of Jam, but also optimism

Clontarf continues to monitor Ghanaian developments to update the acreage to be explored and resuscitate the ratification of its signed Petroleum Agreement on Tano 2A Block. Slowness in ratification of signed contracts had constrained the development of Ghana's oil and gas industry. The Ghanaian government has declared its determination to recover momentum, and will be helped by recovery in the farm-in market as the global supply/demand balance tightens. Ghanaian fiscal terms remain competitive, while West African infrastructure steadily improves.



We remain in contact on other prospective African countries. So far, the main hurdle has been the requested fiscal terms - which reflect the hot market of 2003 through 2014, rather than current investor hostility to petroleum and the retrenchment of some western majors who would otherwise be our go-to partners for such frontier exploration.



The petroleum industry is cyclical, and the extreme under-investment in the sector since 2010 is now creating shortages as demand recovers, especially in Asia. Demand for oil, gas and even coal are now at or near historic records, while investment is mostly limited to developments of existing Blocks in mature basins. That will change.



Financial markets and farm-out interest in petroleum had been depressed since the oil price war starting in 2014 and continuing periodically until 2022. This had constrained our options for early seismic or wells in Ghana and elsewhere. But recent price volatility shows that major new investments are required to service global demand. Clontarf plans to participate in the anticipated coming upturn.



In oil and gas, the tightening hydrocarbons' supply-demand balance promises a revival of exploration and the farm-out market.

[goggin] 09/6/2024 20:03

https://www.argusmedia.com/en/news-and-insights/latest-market-news/2576404-baghdad-krg-and-iocs-to-meet-over-oil-exports

[lippe] 07/6/2024 11:52

Put it in a plastic bag and take it to the lolz river, and put Horgwash in for good measure ...

[palwing32] 07/6/2024 11:11

They can't afford to take this one to the vet.

[lippe] 07/6/2024 08:25

Other pets are granted the dignity of a trip to the vets and a shot of sodium pentobarbital ...

[taxibabe1] 06/6/2024 18:40

Only a matter of time before pet joins em

[fenners66] 06/6/2024 16:39

Clontarf is number 1 , top of the list !

1 CLON Clontarf Energy Plc 0.016 -54.93% -0.0195

of % Losers that is.

Funny how the rampers never post such uncomfortable truths.

[fenners66] 06/6/2024 12:26

From DH

""We need a "Team Europe" effort - as no one company or country can grapple with China"

Hello !
Have you finally decided to wake up ?
Why not have woken up 20 years ago and not burned through nearly £60m of other peoples
money (4 quoted loss making disasters)...?

So when are they going to admit defeat and close down these narrative companies ?