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Emerald Energy (EEN)     

syd443s - 26 May 2005 13:18

Just bought into this share, I think its cheap at the current price. I think in time this could be another BUR.

Anyone else holding this and what are other peoples opinions on it?

Thanks

Greyhound - 30 Jan 2006 12:44 - 156 of 472

I'd have thought we would have seen this heading higher on the gas potential in Syria.

stockdog - 30 Jan 2006 13:10 - 157 of 472

EEN has a history of the SP falling back after good rises and generally giving the performance of a rather nervous thoroughbred - hopefully a good strike in Syria will give their earnings the breadth they lack as a one-horse op in Columbia.

On another thread CHP (also in Columbia) are getting ready for lift off, so there may be some positive spin off on EEN's SP from that.

Every bit helps.

sd

gordon geko - 30 Jan 2006 13:48 - 158 of 472

GED also in columbia and have higher valuation that EEN

Greyhound - 30 Jan 2006 13:57 - 159 of 472

Evo ups target to 4.50

Greyhound - 31 Jan 2006 09:45 - 160 of 472

Another nice rise this morning, perhaps this trend can continue for a while!

stockdog - 31 Jan 2006 10:51 - 161 of 472

Still another 2.00 to go to hit Evo's target! I anticipate a roller-coaster ride before hitting that dizzy height, so hang on tight.

sd

gordon geko - 31 Jan 2006 11:36 - 162 of 472

can see it hold onto the 250p level today as in uncharter terrotory 300p must be the next lot of resistance

IC tipped it last year so lets hope they write a lot about it this week exepct shares mag to come out and tip it when they wouldnt go near it at 140p

4.50 here we come lets hope for bigger volume tommorrow as everyone sitting tight on this stock MM might have to do some work

Greyhound - 31 Jan 2006 11:40 - 163 of 472

I believe it's tipped in the Times today.

niceonecyril - 31 Jan 2006 19:25 - 164 of 472

From another board, a poster gives the thread for the evo report but needed
to register.
It states a Target of 4.50p but goes on to say, that the unrisked potential
of Tigris could be a SP of 12.And of course this is only one part of Block26.
cyril

gordon geko - 01 Feb 2006 13:18 - 165 of 472

can you post the words from the times?

Greyhound - 01 Feb 2006 14:08 - 166 of 472

http://www.timesonline.co.uk/article/0,,748-2017105,00.html

hlyeo98 - 02 Feb 2006 11:20 - 167 of 472

The article mentioned the target has been risen to 450p. And more good news. Read it.
Thanks, Greyhound.

PIZZAGOD - 02 Feb 2006 13:15 - 168 of 472

69p

gordon geko - 02 Feb 2006 13:34 - 169 of 472

The Times January 31, 2006


Smaller stock to watch


Emerald Energy leapt 18p to 220p as a positive update from its Syrian field prompted Evolution Securities to raise its price target from 250p to 450p. A report by Ryder Scott, the independent energy consultants, indicates that the companys Tigris prospect, which will be drilled in August, has probable reserves of 74 million barrels of oil equivalent (boe), with total potential of 722 million boe. Evolution said that success at Tigris, in which Emerald has a 50 per cent interest, would transform the companys reserve base. Emerald is due to drill shallower prospects in Syria in May.

Greyhound - 02 Feb 2006 16:21 - 170 of 472

I see there's an annoucement that L&G have a holding of 3.03%. I've been checking my screens to see what their previous holding was but am unable to find anything that recent - so perhaps it's a new holding, although it seems too high. Price probably picking up on the back of this.

stockdog - 02 Feb 2006 16:52 - 171 of 472

Probably first mention because they recently passed the 3% reporting threshold.

Greyhound - 02 Feb 2006 17:08 - 172 of 472

Thanks stockdog, fair point, seems entirely reasonable.

mbugger - 02 Feb 2006 17:44 - 173 of 472

What ashare,bought first block at 0.5p.,was there a 100/1 consoln. along the way,up over 100 per cent all in,any views,Syria block will make EEN bigtime.

stockdog - 02 Feb 2006 20:13 - 174 of 472

if oil-bearing which seems hopeful, but not yet likely - on a rough scale of optimism! I'm in.

DFGO - 02 Feb 2006 20:28 - 175 of 472

mbugger

Yes 100 to 1 consolidation 31 August 2004
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