Member Info for apple-bees

Buys incoming :)

I know, missed the 16p mark !

50p med to short ???

adding now, mad as it may seem, we are due a monthly update, and IF I'm right it will come tomorrow or Thursday IMHO :)

a rise, with news hopefully coming on 3 fronts and a 30% stake in a potential 3.64 BnB, 100% licence to potential 1.6 BnB (47% recoverable) and lots going on in Iraq, just one snippit of info will send these shares upwards.

Petrel Resources plc is an AIM listed (Ticker: PET) oil & gas explorer focussed on projects in Ireland, Iraq and Ghana. These are exciting projects in the right areas with encouraging results. Proving up two blocks in the Irish Porcupine Basin. There is a one billion barrel potential on Quad 35; part of our 11/4 Licencing Option. A presence in Iraq since 1999 and completed projects in Subba and Luhais and Merjan. Awaiting ratification in Ghana following the completion of technical and financial work

Pet have updated the look of their website...looks more professional.

Hopefully news will be announced soon of a Farm In partner for operations in the Porcupine Basin, but news on the Ghana licence ratification is due soon too hopefully. Any news on Iraq would be a bonus too :)

I suspect a RNS (monthly update) soon...any views?

Cheers, I really don't know what all the panic selling was about today, maybe people just want a few quid for xmas, with good news expected shortly, I would have thought people would hold on? I could have sold ages ago, and made a few quid, but better times are to come yet.

Cheers - Managed to top up by 30000 today, managed to average out at around 15.30p, so I can patiently sit and wait for any good news, and would assumed some sort of RNS may come out soon. Please do keep us updated, much appreciated.

How's the charts doing?

Buy some more me thinks, this is like a rolla coaster today.

If we get good news from either or all of the 3 AOOs (Ireland, Ghana and Iraq) the share price will accelerate rapido :)

Iraq’s Oil Boom: How Juniors Beat the Majors to the Biggest Opportunities by Mike Kapsch, Investment U Research Wednesday, December 5, 2012 As the U.S. gears up to become the world’s top oil producer by 2017, another major energy development is shaking up the energy industry halfway around the globe. It’s happening in Iraq, the world’s third-largest oil exporter and second-largest OPEC oil producer.

David Harding (CEO PET) expressed these words recently: ''Petrel is very clean compared to most explorers. There are under 77 million shares in issue. Overheads are very low, though we have exposure to some of the world’s greatest economic potential *. The current market capitalisation is effectively underwritten by Petrel’s cash, so investors get the upside for free'' * Ireland, Ghana and Iraq

I agree with the charty thing, however any news especially news on Ghana licence or Farm Partner in Ireland will see these shares accelerate. I also feel another RNS will be released soon :)

Please educate me...over the last 5 trading days, there has been nearly 1M more shares bought than sold (I know some buys show up as sells and vice versa) I appreciate most of the shares sold would have been bought lower than the sell price, but surely some must be sold at a loss?

Dr Abu Sakara noted that Ghana needed to bridge the existing technological gaps that existed in the oil and gas sector and also ensure the passage of the local content law. He promised that a CPP led adminstration "we will implement these with a sense of urgency because we cannot be exploring an industry without a framework to govern it." The Presidential candidate of the New Patriotic Party, Nana Addo Dankwa Akufo-Addo on his part insisted that the decision to "entice people to bring their capital to find the oil" was a good one and noted that it was necessary to move away from exporting the nations's natural resorces in their natural forms. He opined that critical decisions with respect to the oil and gas sector needed to be fast tracked in order to ensure the delays were elimanated to increase productivity.

Good for buyers though :)