Petrel Resources Price


PET is Trading:

above the 50 day moving average and above the 200 day moving average on above average volume.

* price as at 4:30pm GMT
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Petrel Resources Ranking

Overall Ranking:

1075 of 2261

Oil & Gas Producers Ranking:

108 of 115

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Petrel Resources 3 Month Chart Chart from Trading View

Petrel Resources RNS, News & Media Petrel Resources RNS, News & Media from Proactive Investors Petrel Resources RNS, News & Media from BRR Media UK Share News from Interactive Investor

28 Sep 2015
RNS press release - Interim Statement for period ended 30 June 2015 from Proactive Investors
18 Sep 2015
RNS press release - Irish Offshore Licensing Round Applications from Proactive Investors
29 Jul 2015
RNS press release - Result of AGM from Proactive Investors
28 Jul 2015
RNS press release - Update on Tano Offshore Licence, Ghana from Proactive Investors
28 Jul 2015
News - Petrel and Clontarf Energy to reapply for Ghana acreage from Proactive Investors
25 Jun 2015
RNS press release - Preliminary Results for the Year Ended 31 Dec 2014 from Proactive Investors
13 Oct 2014
RNS press release - Update on Ghana Legal Proceedings from Proactive Investors
24 Sep 2014
RNS press release - Interim Statement from Proactive Investors
31 Jul 2014
RNS press release - Result of AGM from Proactive Investors
31 Jul 2014
RNS press release - AGM Statement from Proactive Investors
17 Jul 2014
RNS press release - Update on Ghana Legal Proceedings from Proactive Investors
8 Jul 2014
RNS press release - Adjournment of Legal Proceedings from Proactive Investors
30 Jun 2014
RNS press release - Annual Report and Accounts from Proactive Investors
25 Jun 2014
RNS press release - Preliminary Results for the Year Ended 31 December from Proactive Investors
4 Jun 2014
RNS press release - Update re legal proceedings from Proactive Investors
29 May 2014
RNS press release - Board re-organisation from Proactive Investors
8 Apr 2014
RNS press release - Interlocutory Injunction Granted from Proactive Investors
26 Mar 2014
News - Petrel Resources share price fall is "punitive", broker says from Proactive Investors
25 Mar 2014
RNS press release - Press Reports re Ghana licence from Proactive Investors
25 Mar 2014
News - Petrel Resources and Clontarf Energy "urgently seeking" clarity on Ghana block from Proactive Investors

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Petrel Resources Discussion on Interactive Investor

RNS - Brutally Honest by Ghost Bear

  Thu, 25 Jun 2015 07:31:00 GMT

Reading the RNs is no surprises - some very very long shot possibilities, share price slashed (I know!!), etc - but at least it is plain and honest - no spin

By Ghost Bear


Re: Zak Mir says BUY in Petrel Resources (LS... by wangeye

  Tue, 02 Sep 2014 20:20:00 GMT

Good tip Zak. This company needs a humane exit from corporate life.

By wangeye



Zak Mir says BUY in Petrel Resources (LSE:PET) live on TipTV. by BatsfordArmy

  Thu, 31 Jul 2014 14:47:00 GMT

Zak Mir says BUY in Petrel Resources (LSE:PET) live on TipTV. Watch here : LINK

By BatsfordArmy


'Shorting' - Govt epetition - 4,511 votes! by dickie3times

  Wed, 25 Jun 2014 22:50:00 GMT

4,511 votes. Are they all wrong?

(that's A LOT of irate investors!)

The HMGovt epetition is a regulated and monitored site with legal authority !

HMGovt epetition, make short selling illegal !

(or at least better regulated)

* cast your vote here....

* read more -( a lot more ! )

* Bookmark the links if you wish to 'pass the LINK/s on'.... or read later?

Deramping SHORTERS !

Shorting a rising much worse when it is done by your resident posters that seemingly are your buddies and convince 'long' holders to give up!

What many pi's fail to grasp is the extent that shorting is taking place. Often we tend to think that the 'shorter' is gone, 'he' is out of the way? You'd be wrong in most cases, for ( he ), the shorter, is often joined by others that keep the stock down !

Some stocks fall after GOOD NEWS!

Shorting or normal profit taking?
The main reason for many pi's selling, is they are afraid they'll be left in losses AND because of the fear of shorters !

Consolidating shares often sees the sp fall as the multi-bagger potential is greatly reduced. Shorters know this and 'get their digs in' with a distinct advantage

Quindell has consolidated 15 for 1 and guess what? The shares are tanking! Probably being shorted again and not just by the professionals. Ordinary investors are having a go as well (if you can't beat 'em....?).

BUT, where does that leave the genuine investor that has put stocks like QPP into their pension funds?...holding losses again!

* Once pi's know the stock is being shorted...they'll SELL UP IN THEIR DROVES !

We can't both WIN !

The 'shorts' therefore 'win' their bets, whereas the 'longs' lose the best part of their investment, possibly for some time to come.and just when you thought this couldn't go any lower, THEY'LL SHORT THE STOCK AGAIN !


* Thanks for all your support. We are now heading towards 5,000 votes!

* Investors are saying something? They are voting in their hundreds !

# The big problem with shorting is that THEY (the shorters) WOULD most likely lose most of their money IF they just 'bet' on the price going down without trying to 'help' it down?

'Catch 22' .... No one would know of an RNS to be released that will contain BAD NEWS, if they did and then 'shorted' the stock, then they are guilty of 'insider trading'.

The only sure way to short a stock and WIN is to spread dis-information to defame the company with help from other posters that are in concert with them. To ENSURE that they don't lose the biggest part of their 'short', ironically, then, they must deramp with (seemingly) believable posts.

* When the pro's do it, they simply get the media or well known 'crooked' tipsters, analysts or brokers to do it for them. (say no more).

# The campaign against shorting is for the benefit of the 'cheated' investors that cannot control their investments due to the dirty tricks played out by co-ordinated shorting !

The results will be reviewed by Govt legislators for further action! The FCA will be asked by Davide Serra to conduct an investigation into short selling practices, with the view to either ban short selling, or to be better regulated !

David Serra wants the FCA to investigate 'shorting' practices

How the pros make YOUR money THEIR money - market manipulation !

BE A PART OF IT -please vote!


read more (a lot more)

By dickie3times


1% tax?!? by J0HNNIEIS

  Thu, 05 Jun 2014 12:41:00 GMT

i thought i'd buy back in here on the news but realise it's not AIm and not even 0.5% tax but 1%!!! So I haven't bought. Please excuse my memory but has it always been 1% here?



Re: Here we go again by dickie3times

  Fri, 30 May 2014 21:14:00 GMT

Petrel the nearly but never stock....has been floating around Iraq since Saddam Hussein's days. I was in these when heavily ramped to over 130p. I'm sure they only exist on investors gullibility and promises of license deals, but worth a quick punt for 3p upsides. Don't expect PET to be the next GKP, imo

Thanks to all those that have supported this campaign

Campaign to make short-selling illegal (or better regulated?)

UPDATE - 3.485 voted to date


(or at least put in more stringent controls)

(post on IF you agree, bookmark the link/s if you wish to read or vote later)

full post:

It is estimated that over 90% of AIM stocks are INFECTED by short-sellers !

Many highly popular stocks are going down even on GOOD NEWS !

# IF you were a short-seller, BLUFFING, (basically manipulating a shares' price) about a company's overvalued share price, you might not want to *draw attention to yourself since you could get accused of stock manipulation. So you would hope (OR PLAN FOR) others to get involved and to present SEEMINGLY GOOD REASONS to short the stock.

You would want to put AS MUCH FEAR INTO 'LONGS' as possible and would use high volume short trading as well as buying to drive the share price down as low as you can and as long as you can. You really want the longs to fold and to get out of the game. If you are consistently seeing sellers overwhelming buyers driving a share price down as a stock seems to be going up, I can assure you it's probably shorts' selling, since longs are totally motivated to sell their shares at the highest possible selling price. #

IT is easier to tank a share price, rather than make it go UP, by short-selling.

RUINOUS to genuine investors.
They may be able to buy in cheap BUT what's the good, if the stock never really recovers?

AND when they have got you all hooked on the 'lovely' new all-time LOWThey'll SHORT IT AGAIN !

# ChalieHarper - posted on iii - TRP
IF a fund owns a large share holding in a firm and is long.... whilst waiting for its end game to materialise, it loans out any number of its shares to a shorter...the shorter then manipulate the share price down making £X amount when short ended.... the shorter then gives the loaned shares back and splits the proceeds 50/50.

They both make cash, probably during a time when not much is happening with the sp. IT's a WIN-WIN for them but BAD news for the pi's who as usual may have sold at a loss because the cash has to come from somewhere. #

# Topalov asks on iii Ariana Res-AAU
(to give balance to this debate, i have included his response and Q.s with my reply)


The FCA codes of practice and market abuse

### read the full post-decide for yourself ###

By dickie3times


Here we go again by wangeye

  Wed, 26 Mar 2014 07:50:00 GMT


By wangeye


PET to update investors by papapapasmurf

  Mon, 14 Oct 2013 08:44:00 GMT

Petrel Resources will be in Dublin on Thursday speaking to investors at The Shelbourne Hotel, 6pm, followed by complimentary wine and canape reception. Registration page: LINK

By papapapasmurf


Zak.. by Harkins1950

  Tue, 27 Aug 2013 12:00:00 GMT


By Harkins1950


Re: From advfn by jimonegbr

  Wed, 14 Aug 2013 13:24:00 GMT

Well that news really fired up support NOT.

By jimonegbr


From advfn by MichaelBloomberg

  Mon, 12 Aug 2013 15:40:00 GMT

Madinat us Salaam 10 Aug'13 - 14:51 - 1348 of 1352 0 0

The imminent deal that Petrel are about to sign is genuine. My information from people at a certain province have confirmed it. Importantly, the ministry isn't interfering with any deals (not only oil.gas) that are thrashed out at Provincial/Governorate level. The provincial law (effective June) has now allowed provinces to devise their own deals - giving them greater autonomy.

I am trying to find out which Iraqi company Petrel have struck the deal with. The province in question is I believe Basrah. Petrel have done very well to finally get something in Iraq, especially with a company that does have quite lucrative licenses in the south. This Iraqi company is keen to diversify and liked Petrel's other ventures, especially the Irish JV with Woodside. One of the objectives is, I'm told, is to use Petrel to venture into the MENA region to explore for gas/oi.

As it's Eid I am unable to make contact with the officials I have good comms. Hopefully next week I'll see what I can get from them.

Munna Bhai MBBS
10 Aug'13 - 18:28 - 210 of 344 1 0

Just been told about madinat's post. It's very true. I found about it a week ago from Iraqi contacts that used to give me all the info I posted on here in the past.

By the way, my long talks with Teeling at the time he was taking action against me, were pretty fruitful. He admitted to me that he (and the directors) were amazed at how much of the info I posted was so correct, many a time posting details even before they knew about it. The directors actually felt I was an insider at the Iraqi ministry. I did however tell him I was not, and also explained to him who was passing the info on to me.

Anyway, wont be posting much, just wanted to make a point that Petrel have, after so many years, clinched a very important deal in Iraq. For a small company like Petrel, it is quite an achievement. I suspect it will be a model deal that will be followed by many others.

I know I was scathing about the directors going after licenses in the same league as the majors, however I am not shying away in admitting that they have really come up trumps with this Iraqi JV/deal. I would say it's absolutely transformational. And this time round, Sharistani and his cronies can do nothing about it. The regional provinces holds all the powers with respect to provincial deals - it's enshrined in the new provisional laws.

(yes I am the same munna bhai - I will stick to my promise of not posting anything derogative or libelous against Dr Teeling, any directors or any of the companies he is associated with - I promised him that and I will keep to that promise)

By MichaelBloomberg


Is there by jimonegbr

  Mon, 12 Aug 2013 07:57:00 GMT

anybody there??????????????????????

By jimonegbr


Petrel shares surge on potential Iraq acquisition by armagain

  Sun, 28 Jul 2013 16:20:00 GMT


By armagain


Consolidation... by mjbeginner

  Fri, 26 Jul 2013 11:04:00 GMT

It will be good to consolidate at this level and then to have the same tick on Monday.
Of course some afternoon buyers can still push the price up today.


By mjbeginner


Re: strange reaction by Bellumjsg

  Fri, 26 Jul 2013 10:32:00 GMT

Thank you - I ignored his recommendation - didn't sell!

By Bellumjsg