Amities . l have been discreetly buying this stock since it was 39p . And the more i learn the bolder are the positions i take . .....Floated in Dec 2004 it was oversubscribed and before costs the required $15 million was raised. At the helm is ex BP head of Global exploration and Resavoir management . Furthermore a success story at Global Expo . Now Nick Johnstone wants to set up on his own . And after speaking to him l am not at all surprised . He is like a "Who s Who " of the hydrocarbon world ...He has ALL the prerequisites for success so why work for some other lackey ! .. namely connections from his ertwhistle employers . He has assembled a first class management team from ex colleauges at BP ; and is his business model is simple . AFR farms in on "Big Oils " inception upstream ; and with its scale of economy it works closely with "Big oils" fields on the look out for excellent workovers oppertunities .... Already lt has via a complicated j/v a percentage of the Sao Tome and Principe acreage -Located between the oil rich waters of Nigeria and those of Sao Tome and operated by Texaco / Chevron and Esso; and believed by many to be the new North sea . . 3D Seismic testing and magnetic graphic imagery and satellite imaging has located a labyrinth of channels leading to a main resavoir which is believed to14-15 mmbbls of oil and which would leave AFR with its share of 120/140 million barrels for NO cash outlay .To ensure early cash generation Afren has entered into a production sharing agreement in the developed Ogedeh field { adjacent to the BP operated Olowi marin field which is believed to yield 180 mmbbloe. Furthernore AFR has agreed to drill the lbekelia project for Ascent resources which is expected to produce 2,500 b/pdoe to satisfy AFR percentile share ,ln addition it is a believed resouce of several years . .. , .Not a bad start for a company with little more than six months in the making . ....and well worthy of investigation !! .....@+ J

A very decent rise so far today. Now I wish I had bought this last week!

AFR Bid: 52p Offer: 55p Change: 4.5

Hello soul, I rebought this morning and am sitting blue.

I had a lot of trouble getting the stock, but that can mean anything.

I had been in previously but decided that I did not need to hold while the sp went down, as it did.

The uptend is proven I think, so it's time to get some in, so I did.

Take research from the web site and make you own mind as you did elsewhere before you decide whether you want to buy.

Hi Seawall - seems you did the right thing, in all respects. I'd like to be in this, but my perennial problem is that of already being committed to a number of different stocks. Still, I'd consider this one a candidate if I get to take any profits that I'd like to reinvest.

Amities / From a purely chartists vantage point alone this is a screaming " BUY ".. Albeit a point of contention lt has been my MY expirience- Yes ! my expierience - that any difficulty in attaining stock is a positive variable ; and upon viewing the B to B trades ( Friday and Monday ) illustrates that they themselves were caught with their trousers down .( lnformed Brokers dont buy 16 mill shares to sit on; but rather to pass on @ a nice premium . ..Having been in this stock for what seems ages l cannot find ANY other junior that can equal its potential nor have so many esteemed reputations at stake. . l PERSONALLY view this as a Cairns in the making. ....A very heavyweight board inc. both an EX Chairman and Secatary General of OPEC to match the heavyweight acreage to match the heavy institutional holdings/ support . .This is my biggest percentile holding @ 28% . .........Biggest problem is AFR being bought out while still such an acorn ..../.....As an aside- Word on da street has it that PMO is under the eye of an ever watchful Shell as is VOG and EEL by various other suiters .. Qui sait ? Bien amicalment et b/ chance ....@+ J ...........................................................................................................

Does this explain the recent interest and sp rises?

Afren have not said a thing yet

Clearly cementing their relationship:

Gasol plc
06 September 2006


For Immediate Release 6 September 2006

GASOL PLC
('Gasol' or 'the Company')


Notification of Substantial Shareholding

Gasol plc (AIM: GAS), the company formed to capitalise on acquisition and
investment opportunities in the oil and gas sector, announces that it was
notified on 5 September 2006 that Afren plc has a notifiable interest in
10,000,000 ordinary shares of 0.5p in the Company, representing 6.98 per
cent of the Company's issued share capital.



ENDS

Picked up this snippet from an e-mail:

The Nigerian focussed resource play has both longer term prospects and near term development projects, though the group now needs to focus on execution. Broker Canaccord Adams advised clients to buy the shares with a target price of 78p.

Good post, Silvermede.

BTW, thanks for your mail - very interesting; I shall have to take some time to do it more justice.

ST, You're welcome. Suggest any further discussion on Drivers Tips thread. Happy reading. :-)

Afren PLC
20 September 2006


Afren plc

Interim Results

Afren plc ('Afren' or the 'Company') (AIM:AFR), the independent oil and gas
exploration and development company, announces its interim results for the six
months ended 30 June 2006.

Highlights

Acquisitions and Operations

Strategic entry into the Republic of Congo (Brazzaville) through the
announced acquisition of Heritage Congo Limited

Agreement signed with AMNI International Petroleum Development Company
for the development of the Okoro / Setu fields offshore Nigeria,
significantly upgrading Afren's recoverable reserves

Announcement of Obo-1 discovery on Block 1 of the Joint Development Zone

Management

Appointment of experienced industry personnel as Drilling Manager and
Okoro / Setu Asset Manager

Financial

Successful convertible bond issue, after the balance sheet date, upsized
to US$75 million from US$50 million following strategic investment from the
Heerema Group

Company well capitalised with 11.3 million net cash as at 30 June 2006,
which excludes US$75 million from the convertible bond issue

Outlook

Drilling contract secured for the Seadrill-7 Jack-up drilling unit for
the 2006 appraisal well programme on the Okoro / Setu fields, commencing end
September

Exploration drilling to be carried out on La Noumbi licence in the
Republic of Congo (Brazzaville) before the end of 2006

In a separate announcement today Afren announced a nine month contract
secured for Global Santa Fe's Adriatic VI Jack-up drilling unit for 2007-08
Nigeria development programme, targeting first production in early 2008

Brian O'Cathain, Chief Executive of Afren plc, commented:

'At the time of Afren's listing in March 2005, the Company stated that its aim
was to grow into a leading pan-African oil and gas company with a diversified
portfolio through acquisition. During the first half of 2006 we have continued
to demonstrate our progress in achieving this.

The second half of the year should prove to be a step change period for Afren as
we begin the Afren operated appraisal drilling in Nigeria and we move towards
the development stage of the Okoro and Setu fields and our target production of
15,000 to 20,000 barrels of oil per day in 2008.'

Good news about the drilling rigs when there is a world shortage of rigs.

morning aldwickk
At the moment the news looks to be well received
Lets hope from now a steady stream of good news

keith

From this morning's Broker Round Up:

Bridgewell .... says buy Afren (AFR.L).

The Times today (21 Sep 06) has AFR as a Smaller Stock to Watch.

From HB's Broker Round Up: Bridgewell ........ says buy Afren.

hi! sorry to intrude i am new to to shares and have lost a few bob on these if i sell now.
If the 4 mln sells today are bought by lehman bros. taking them to 12.3% would that be
stakebuilding and a good sign.

Drilling Commences:

Afren PLC
18 October 2006


Afren plc (AIM: AFR)

Drilling Starts on Okoro Field, OML 112, Offshore Nigeria

London, 18 October, 2006 - AMNI International Petroleum Development Company
Limited ('AMNI') and Afren plc ('Afren' or 'the Company') announce that drilling
of the Okoro-3 appraisal well on OML 112, offshore Nigeria, has commenced.

An appraisal well was spudded on 14 October 2006 by the Seadrill 7 jack-up rig
on the Okoro Field in OML 112. The well is being drilled 1.5km east of the
Okoro-1 discovery well, which penetrated two oil bearing sands between 4,900 and
5,500 feet. Drilling is expected to take 30 to 45 days.

Following drilling of the Okoro-3 well, the Seadrill 7 jack-up rig will be used
to drill a further appraisal well in the Okoro Setu development area. The
results of these wells will be used to plan the development of the Okoro Setu
fields which is expected to commence in the third quarter of 2007. A drilling
rig has been secured to start the development drilling in August 2007, with
first oil expected in early 2008 with flow rates of between 15,000 to 20,000
bopd.

Brian O'Cathain, Chief Executive of Afren commented:

'We are delighted to have spudded our first well in Nigerian waters. This marks
asignificant step towards achieving our stated target of production of 15,000 to
20,000 bopd by early 2008.'

Cited in Shares Mag today as a Great Value AIM stock

Watch for the TMF effect on this stock this week.

The poster is a good one, last time he tipped a stock that he bought, (GBP) it almost doubled in price as fellow TMF'ers jumped on board only to fall back agin to resonable levels, so if you are brave there may be a trading opportunity here. If you are not brave this stock is one that will grow well over the next 12 to 18 months imo.


http://boards.fool.co.uk/Message.asp?mid=10277470

As always DYOR NAG etc.

seawallwalker

what (Maynard Paton )does say about AFR ?

Bough last week at 49p, has not move much yet about time