Member Info for topsharepicks

Suspect ANS investors probably sell some of their shares then boom

3p possible today

Bid up

Reckon in 3 years this will be £500 million stock 10x today’s mcap

Dire what a crock of shxt!

Yesterdays bounce was clearly the disgusting in house broker manipulating trying to sucker in buyers shocking!!!!

MY ADVICE GET OUT NOW

you tell me nice late buy though

good find

Man united

LOL made me laugh

All CLON needs is a billionaire and a drill rig Ghana will be happy to accomodate Mr Tamraz I’m sure!!!!

Stop scaremongering Phoebus was it you also scaring investors in PET back in July ???

at work

was it you said I was ramping Petrel back in July 31st at 2.5p ;) ????????????????

25p today!

not forgetting this was 4p in 2013

Ghana worth £10 million to Mr Tamraz! Thats a Tullow in the making...………..

2p offer by PET is what could land any time now

without doubt!!!!

Theres a thought!

could buy this on the £12 million profit his made on Petrel!!!

By my estimate Mr Tamraz is up £12 million!!!!

Director, David Horgan commented:

"The Middle East & North Africa (MENA) offers unique oil & gas opportunities for those able to operate. Petrel has worked in the Middle East since 1999, and has shown the ability to operate in challenging circumstances, without loss of life or equipment. We have being strengthening our Iraqi expertise in recent months."

"The group of new investors in Petrel bring significant financial and hydrocarbon experience in the MENA region".

Admission to AIM

The Placing shares will rank pari passu with the Company's existing ordinary shares of €0.125 each (the "Ordinary Shares"). Application will be made for the Placing Shares to be admitted to trading on AIM ("Admission") and it is expected that such Admission will become effective on or around 5th August 2019.

Board appointments

The Company have agreed with the group of new investors that it can nominate two directors to the Board. These appointments, which will be subject to regulatory approvals, will be announced in due course

Holdings in Company

Pursuant to the Placing, and at Admission, the Company has been informed that Mr Roger Tamraz and Mr Michel Fayad will each hold 14,934,615 ordinary shares in the Company, with each holding representing 10 per cent of the Company's issued share capital.

By my estimate Mr Tamraz is up £12 million!!!!

Director, David Horgan commented:

"The Middle East & North Africa (MENA) offers unique oil & gas opportunities for those able to operate. Petrel has worked in the Middle East since 1999, and has shown the ability to operate in challenging circumstances, without loss of life or equipment. We have being strengthening our Iraqi expertise in recent months."

"The group of new investors in Petrel bring significant financial and hydrocarbon experience in the MENA region".


Admission to AIM

The Placing shares will rank pari passu with the Company's existing ordinary shares of €0.125 each (the "Ordinary Shares"). Application will be made for the Placing Shares to be admitted to trading on AIM ("Admission") and it is expected that such Admission will become effective on or around 5th August 2019.

Board appointments

The Company have agreed with the group of new investors that it can nominate two directors to the Board. These appointments, which will be subject to regulatory approvals, will be announced in due course


Holdings in Company

Pursuant to the Placing, and at Admission, the Company has been informed that Mr Roger Tamraz and Mr Michel Fayad will each hold 14,934,615 ordinary shares in the Company, with each holding representing 10 per cent of the Company's issued share capital.

expecting a BIG rerate here over coming weeks!