Meridian Petroleum PLC : Onwards into 2007/2008

SP keeps rising because IMO,

Expecting +30p in Jan 07

Anticipated January News:

1---Funds will be used to complete the work programme on the
development of the Calvin Field with work scheduled on the 36 #1 well in January

2---A full field development study due to be implemented in January to develop
both the deep and shallow rights.

3---Finalising a lease acquisition of 2 additional lease blocks
in excess of 2,000 acres in the Calvin Field which will add additional reserves
to the asset base.

4---Meridian is due to drill the Orion well in Michigan with work commencing in January.

5---Further lease work will also go ahead on the CBM project in the Warrior
Basin in Alabama and the finalisation of the Australian Native Title agreement
for the Dolores resource is anticipated in early 2007.