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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

cynic - 28 Oct 2010 18:51 - 1405 of 3666

that's when CFDs are useful - no time constraints

ptholden - 28 Oct 2010 19:55 - 1406 of 3666

Time constraints were not really an issue, but when you've built a leveraged pyramid and it starts going the wrong way, time to get out before it collapses!

Chris Carson - 28 Oct 2010 20:22 - 1407 of 3666

Limit Buy moved to 131.9, might not happen tomorrow but no way is it a short play just yet imo :O)

niceonecyril - 29 Oct 2010 09:52 - 1408 of 3666

For me yesterdays news was of a good report,steady production,confirmation E Bok
on track for 1st oil in what 8 weeks? Also add Okwok 35ft@31degrees and on going appraisal,Okoro infill to increase ooutput by 3/5kbopd OML26 increase by 1500bopd
to 6500bopd of which 45% of net revenue of AFR and the possible increase of reserves
from 184mbo to 800mbo and the aquistion of Black Marlin to add to our list of assets make me feel comforable with my holding.
cyril

edit
That shoulf be 45% of 45% of FHN share.

niceonecyril - 02 Nov 2010 11:38 - 1409 of 3666

Looking to break out?
cyril

aldwickk - 02 Nov 2010 13:55 - 1410 of 3666

Oil $85

HARRYCAT - 08 Nov 2010 08:27 - 1411 of 3666

Afren Plc (AFR LN)

Statement on incident in Nigeria

"London, November 8, 2010 - A security breach has occurred on the High Island VII jackup rig, which had recently arrived on location, preparing to commence infill drilling at the Okoro field. Two crew members are stable after receiving wounds to the leg, and have been evacuated by helicopter to a shore-based clinic. It is believed that five crew members have been taken hostage. A second security breach occurred at the AT 101 support vessel. Together with our indigenous partner AMNI International, we are working with the relevant authorities and the vessel and rig are both under the control of the Company. Drilling operations on the rig are temporarily suspended. An update will be provided in due course."

cynic - 08 Nov 2010 08:44 - 1412 of 3666

ah .... now i know why the drop in sp .... all rather annoying, but perhaps a buying opportunity for those who do not hold

blanche - 08 Nov 2010 08:52 - 1413 of 3666

wow wish i had some spare cash to topup at these prices.

hlyeo98 - 08 Nov 2010 08:58 - 1414 of 3666

I think it is a time to short to 110p as drilling will now be delayed as securities have to be tightened.

required field - 08 Nov 2010 08:59 - 1415 of 3666

Done just that.....sounds ruthless but you can pick up some other riggers anywhere....feel sorry for those guys...have to get tough out there, the nigerian authorities....

cynic - 08 Nov 2010 08:59 - 1416 of 3666

so short it and tell us how many you have done and at what price - then you'll earn some credibility

personally, this is one of my core holdings and am prepared to see some volatility, which is almost inevitable in any oily

aldwickk - 08 Nov 2010 08:59 - 1417 of 3666

Other oil company's have had problem's like this in Nigeria , not sure how long it takes the share to recover. good news is it has arrived and is waiting to commence infill drilling at the Okoro field.

required field - 08 Nov 2010 09:00 - 1418 of 3666

Shorting ?...you have to be kidding hyle...very short term....just gone long....

aldwickk - 08 Nov 2010 09:01 - 1419 of 3666

Topped up at 123.48

hlyeo98 - 08 Nov 2010 09:06 - 1420 of 3666

Too early...

niceonecyril - 08 Nov 2010 09:14 - 1421 of 3666

Not noce?
cyril

piston broke - 08 Nov 2010 09:23 - 1422 of 3666

topped up half hour ago at 120.9

hlyeo98 - 08 Nov 2010 16:19 - 1423 of 3666

Sp is looking unstable.

Balerboy - 08 Nov 2010 16:36 - 1424 of 3666

Told you not to have that extra glass of plonk H, all will come good..
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