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AFREN (AFR) Is this the next TULLOW??? (AFR)     

niceonecyril - 04 Apr 2009 08:30

< "> Chart.aspx?Provider=EODIntra&Code=AFR&Siedit this post http://www.investegate.co.uk/afren-plc-%28afr%29/rns/trading-statement-and-operations-update/201301210700069619
http://www.investegate.co.uk/afren-plc--afr-/rns/2012-full-year-results/201303250700107200A/

In an attempt to cut down the header page,i've transferred some of the older news to Page1 post No.3.

http://www.oil-price.net/index.php?lang=en
http://www.ft.com/home/uk

http://www.investegate.co.uk/Article.aspx?id=201111020700081674R
http://www.investegate.co.uk/Article.aspx?id=201111150700250723S
http://www.investegate.co.uk/Article.aspx?id=201112010705051251T
http://www.investegate.co.uk/Article.aspx?id=201201170700146472V
http://www.investegate.co.uk/Article.aspx?id=201201230701479690V
http://www.moneyam.com/action/news/showArticle?id=4323758
http://www.investegate.co.uk/Article.aspx?id=201204170700164488B
http://www.investegate.co.uk/Article.aspx?id=201205140700212304D
http://www.investegate.co.uk/Article.aspx?id=201205210700407032D
http://www.moneyam.com/action/news/showArticle?id=4430164
http://www.investegate.co.uk/afren-plc-%28afr%29/rns/significant-new-seychelles-3d-seismic-programme/201212120700052973T/
http://www.investegate.co.uk/afren-plc--afr-/rns/2013-half-yearly-results/201308230700063334M/
http://www.investegate.co.uk/afren-plc--afr-/rns/ogo-drilling-and-resources-update/201311190700083404T/
http://www.investegate.co.uk/afren-plc--afr-/rns/trading-statement-and-operations-update/201401280700096280Y/
http://www.investegate.co.uk/afren-plc--afr-/rns/interim-management-statement/201405200700135209H/
http://www.investegate.co.uk/afren-plc--afr-/rns/interim-management-statement/201410300700116483V/
http://www.moneyam.com/action/news/showArticle?id=4942625
http://www.moneyam.com/action/news/showArticle?id=4943375

blanche - 14 May 2010 09:41 - 1014 of 3666

Gas on the move, If yer not in you missed 1.85 yesterday. Still not to late! Ramp Ramp Ramp.

blanche - 17 May 2010 08:05 - 1015 of 3666

More good news this morning. 8-)

cynic - 17 May 2010 08:07 - 1016 of 3666

hardly; it was just a statement that oil flows continue at a steady rate (21k bopd) and that everything else is running to schedule

required field - 17 May 2010 08:10 - 1017 of 3666

It's building up to a sharp upwards move....as things just chuggin' away fine...

cynic - 17 May 2010 08:11 - 1018 of 3666

i agree, and that is why i am o'weight here, but don't expect anything good today

blanche - 17 May 2010 08:12 - 1019 of 3666

Blue finish imvho

HARRYCAT - 17 May 2010 12:01 - 1020 of 3666

Business Financial Newswire
"African oil explorer, Afren has reported stable production of 21,000boepd in Q1 2010.

Production at the Okoro field in Nigeria has continued to exceed pre-development expectations and during the period 18,500bopd were produced.

Two infill targets have been identified at Okoro, and are expected to add incremental gross production rates of between 3,000 bopd to 5,000 bopd during the second half of the year.

Production in Ce d'Ivoire over the first quarter was impacted due to maintenance work involving the low pressure compressor on the Gulftide production platform and turbo expander at the Lion Gas Plant.

The Company is planning to drill 19 wells this year. The Ebok development is on track with first oil expected in October 2010.

Management say that they are expecting to augment existing production by 35,000 bopd by the end of 2010. "

aldwickk - 25 May 2010 08:28 - 1021 of 3666

From memory i would say the share price is about the same as it was about 5 years ago when there was all that hype about the block 1 joint zone being a Elephant find.

Balerboy - 25 May 2010 08:38 - 1022 of 3666

Plus all those knowledgable people that said this would fly when it left AIM..... still waiting.....

required field - 25 May 2010 08:44 - 1023 of 3666

Markets across the board being knocked down.....perhaps when some of the eurozone money worries subside a little then some of these midcap oilies will pick up....I was expecting 150p by the end of the year...long way from that..

blanche - 25 May 2010 14:56 - 1024 of 3666

Plenty of time left this year for this to be way over 150 by end of year. Soooooo cheap at the moment brilliant time to top up if you`ve got the cash.

jimmy b - 26 May 2010 19:00 - 1025 of 3666

Lovely bounce back...

HARRYCAT - 26 May 2010 21:41 - 1026 of 3666

Yes, but beware lower highs & lower lows.

jimmy b - 26 May 2010 21:59 - 1027 of 3666

Futures down as well tonight ,,still best bounce back we have had 10.5p ,can't complain ..

mwoolgar - 28 May 2010 11:17 - 1028 of 3666

gradually creeping back up towards the 100 guys

required field - 28 May 2010 11:24 - 1029 of 3666

Don't tell me it's going to break that blinkin' 105p at long last....

cynic - 28 May 2010 11:25 - 1030 of 3666

we wish! .... perhaps sp creeping up as some think AFR fields are in falklands too!

required field - 28 May 2010 11:27 - 1031 of 3666

Well Africa was joined at the hip with South America at some time in the past...

cynic - 28 May 2010 11:29 - 1032 of 3666

surely that was just on the slave ships?

unluckyboy - 28 May 2010 14:02 - 1033 of 3666

From The Times yesterday.Further afield AFREN,the oil and gas exploration and production group swung to 89.8p, up 10.65p after the analysts at Renaissance Capital Said they preferred the stock to Africa-focused peer TULLOW OIL, which was 46p up "while we acknowledge the impressive operational success Tullow Oil
had in the past,in the next 12 months,on a relative basis,we believe AFREN shares will outperform,"Renaissance said,setting"buy" and "hold" rating an Afren and Tullow respectively.
The broker said its estimates suggested that Afren was better placed to deliver production growth in the near term,adding "we estimate Afren is set to deliver 7 per cent production growth in 2010 and 111 per cent production growth in 2011. This is better than Tullow's 4 per cent decline in 2010 and 57 percent growth in 2011.
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