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

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

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

69p

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.

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.

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

Thanks stockdog, fair point, seems entirely reasonable.

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.

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

mbugger

Yes 100 to 1 consolidation 31 August 2004

sudden surge

nice increase today

This is picking up again - perhaps finally heading for the 300/400p range.

Lets hope so, as i said if its a dog,"its a greyhound".
lol
cyril

or perhaps a tenacious stocky dog!

sd

All well behaved dogs welcome!! Heading up more sharply now.

Yeah...264p and more to come

It's very much a Colombian theme. CDS up 15% and CHP now turning positive, so they're all heading higher now.

its off again something has got to be in the air its the same old MM that held it back before and played games with a big spread

What price if Giante#1a after workover comes back anywhere near original production rate of 4300bopd

Drilling Report

RNS Number:4539V
Emerald Energy PLC
8 December 2000




Emerald Energy Plc

Increased production at Gigante#1A


Following the installation of an Electric Submersible Pump in the Gigante#1A
well in the Upper Magdalena Valley, Colombia, production has been
re-established at 4,300 barrels of oil per day with the pump still operating
significantly below capacity.


The well is continuing to clean up and the natural flow, without the pump, has
improved to 3,100 bopd which is comparable to the original flow rate when the
well was first drilled in November 1998.

8th December 2000