Meridian Petroleum PLC : Onwards into 2007/2008

IJ,my thoughtd exactly.

in essence,you would be foolish now to bet againgst success with cash,plenty of safe area prospects,likely prodcution in several areas,new board members and the all important local JV players.

i think many have underestimated the significance of the JV,i say that from a local political point of view.

its my guess that the local authorities put the brakes on MRP all year,likely for their own ends.Ensight now have their slice ( hence the brakes being applied through 2006).

the brakes are imho now well and truely off.

Has anyone considered the simple thought that MRP and Ensight did NOT want calvin 36 producing BEFORE they had bought 2000 more acres on the site.

i wonder why,its called keeping current production potential under wraps until the latest land purchase was complete.

its called clever negotiating .

if C36 was online in october,i strongly suspect the price of the 2000 acres would have risen significantly.

food for thought.

ps: is the market open next week on wedenesday and thursday???.

cheers,

papa.

late trades today and trading tommorow should imho prove very interesting.

i can still see 40p on the right news flow during january and the news flow will be in quick succession.

blue and more blue.

i see PANR crucified today on water find.

thats the AIM for you,although they still have to test 800ft gross.

good luck all the longs in MRP,another year ahead of us.

where to put the MRP profit,thats my next challenge.

ascent resources or NOP??

hmmm,cant decide