Silvermines Media PLC
01 March 2005


Silvermines Media PLC (the 'Company')
1 March 2005


First Day of Dealings of Enlarged Share Capital on AIM
Acquisition of Zhibek Resources Plc
Change of name from Silvermines Media PLC to Cambrian Oil & Gas Plc

Silvermines Media PLC (AIM: SLV), to be re-named Cambrian Oil & Gas Plc (AIM:
COIL), a company admitted to trading on AIM on 15 July 2004 to seek acquisition
and investment opportunities, is pleased to announce its first day of dealings
on AIM today following its acquisition of Zhibek Resources Plc ('Zhibek').

The Company announced on 4 February 2005 that it had conditionally agreed to
acquire the entire issued share capital of Zhibek (including all outstanding
convertible securities) in consideration for the issue of 40,000,000
Consideration Shares and 13,333,333 Warrants. As of 26 January 2005 (being the
date on which Ordinary Shares were suspended from trading on AIM) the closing
mid-market price of an Ordinary Share was 7.5p, valuing Zhibek at approximately
3 million and Silvermines at approximately 1.7 million.

The Company has also raised 1.95 million, net of expenses, by way of a Placing
of 45,000,000 Placing Shares, undertaken in order to provide working capital for
the Enlarged Group.

Dealings in the Enlarged Share Capital consisting of 23,115,000 existing
Ordinary Shares, 45,000,000 Placing Shares and 40,000,000 Consideration Shares
commence on AIM today.

Commenting on the successful completion of the Acquisition and Placing, John
Byrne, the Company's Non-Executive Chairman, said:

'The formation of COIL now enables Zhibek to develop its strategy of oil and gas
exploration, development and production, both internationally and particularly
in the Kyrgyz Republic. It is a very exciting time for us as we continue the
development of the initial two projects - Beshkent Togap and Tash Kumyr - and
look forward to reporting our progress in the near future.'

Full details of the Proposals were set out in the Admission Document to
shareholders dated 4 February 2005. The definitions in the Admission Document
also apply to this announcement.

For further information please contact:

Cambrian Oil & Gas Plc
Neale Taylor, Chief Executive 0207 493 7671
Paul Mc Groary, Non-Executive Director 07930568160
(former Chief Executive, Silvermines Media PLC)

W.H. Ireland
Tim Cofman 0121 6162101

Parkgreen Communications
Justine Howarth/Victoria Thomas 02074933713


This information is provided by RNS
The company news service from the London Stock Exchange

**************************************************
Silvermines Media PLC
28 February 2005



Silvermines Media PLC

28 February 2005



Result of Extraordinary Meeting



Silvermines Media PLC (AIM: SLV), a company admitted to trading on AIM on 15
July 2004 to seek acquisition and investment opportunities, is pleased to
announce that all of the resolutions put before the Extraordinary General
Meeting today were duly passed.



Accordingly, the 45,000,000 Placing Shares and 40,000,000 Consideration Shares
have been conditionally allotted subject to Admission, which is expected to
occur at 8.00am on 1 March 2005 and the Company's change of name to Cambrian Oil
& Gas Plc will become effective at that time.



Upon Admission, the members of the Concert Party will own approximately 45.8 per
cent. of the Company's issued ordinary share capital (assuming members of the
Concert Party do not exercise any Warrants or Options). If all such Warrants and
Options were exercised the members of the Concert Party could be interested in
up to 53.8 per cent. of the further enlarged share capital of the Company.



Full details of the Proposals were set out in the Admission Document to
shareholders dated 4 February 2005. The definitions in the Admission Document
also apply to this announcement.



For further information please contact:


Cambrian Oil & Gas Plc
Neale Taylor 0207 493 7671
Paul Mc Groary, Non-Executive Director (former Chief Executive of Silvermines 07930 568 160
Media PLC)

W.H. Ireland
Tim Cofman 0121 616 2101

Parkgreen Communications
Justine Howarth/Victoria Thomas 0207 493 3713




This information is provided by RNS
The company news service from the London Stock Exchange
***************************************************
Silvermines Media PLC
01 March 2005


Silvermines Media PLC (the 'Company')
1 March 2005


Directorate Changes


Further to the announcement regarding first day dealings in the Company's
Enlarged Share Capital on AIM today, the Board of Silvermines Media PLC (AIM:
SLV), to be re-named Cambrian Oil & Gas Plc (AIM: COIL), announces the following
directorate changes.


Smit Berry and Haresh Kanabar have resigned from the Board as Non-Executive
Chairman and Executive director respectively, with immediate effect, to focus on
their other business activities. Paul Mc Groary will step down as Chief
Executive to become a Non-Executive Director of the Company.


In addition, the Board of the Company is delighted to appoint John Byrne, aged
55 as Non-Executive Chairman, Neale Taylor, aged 62 as Chief Executive, Jurgen
Hendrich, aged 43 and lan Ennis, aged 63 as Executive Directors, and Jonathan
Malins, aged 57 as Non-Executive Director, all with immediate effect. The newly
appointed directors are all directors of Zhibek Resources Plc.


For further information please contact:

Cambrian Oil & Gas Plc
Neale Taylor, Chief Executive 0207 493 7671
Paul Mc Groary, Non-Executive Director (former
Chief Executive 07930 568 160
of Silvermines Media PLC

W.H. Ireland
Tim Cofman 0121 616 2101

Parkgreen Communications
Justine Howarth/Victoria Thomas 0207 493 3713




This information is provided by RNS
The company news service from the London Stock Exchange

RODSPOTTY

MANY THANKS FOR THE INFO. glad to be in before the mass got interested.
investors with eagle eyes know that COIL can go far. COIL is the conner stone
that the builders have rejected. we will see
best luck to all

just a spark

RNS Number:7908H Cambrian Oil & Gas PLC 17 August 2006

17 August 2006
AIM: COIL
CAMBRIAN OIL & GAS PLC
("COIL" or "the Company")
Extraordinary General Meeting


The board of COIL today announces that an extraordinary general meeting of the Company will be convened for 11.00am on 11 September 2006 at the offices of Trowers & Hamlins, Sceptre Court, 40 Tower Hill, London EC3N 4DX (the "EGM").

The directors of the Company are seeking shareholder approval to increase the authorised capital of the Company and to grant the board of COIL sufficient authority to allot ordinary shares in the Company and to do so for cash on a non pre-emptive basis.

Further information on the proposed resolutions is set out in a circular containing the notice of EGM (the "Circular") which was posted to shareholders of the Company today. Copies of the Circular will be available during normal business hours on weekdays (excluding public holidays) for one month from today's date at the offices of Trowers & Hamlins, Sceptre Court, 40 Tower Hill, London, EC3N 4DX.

If you are in any doubt as to the action you should take, you are recommended to seek your own personal financial advice from your stockbroker, solicitor, accountant or independent financial adviser authorised pursuant to the Financial Services and Markets Act 2000.

The City Code on Takeovers and Mergers ("the Takeover Code")

Although the Company is incorporated in England, the place of central management of the Company is currently located outside the UK, the Channel Islands or the Isle of Man since the main place of business of the Company is in Australia. The majority of Board meetings are held outside the UK, the Channel Islands and the Isle of Man and the majority of the Board are resident outside the UK, the Channel Islands and the Isle of Man. Accordingly, as the Company is one to which paragraph 3 (a) (ii) of the Introduction to the Takeover Code applies, the Panel on Takeovers and Mergers ("the Panel") has confirmed that the Company is not subject to the Takeover Code and Shareholders will not be afforded any protections under the Takeover Code.

If circumstances change, including if changes to the Board are made, the Company will consult with the Panel to ascertain whether this will affect the central management of the Company. If the Panel determines that, as a result of such changes, the place of central management of the Company is located in the UK, the Channel Islands or the Isle of Man such that the Takeover Code then becomes applicable to the Company, an announcement will be made.

Ends

Rodders

SOURCE: SHARES MAG dated 02-08 March 2006 Pages 20/21
High risk high reward 10 tiddlers to strike black gold
MRP; EDR; GED; EEL; CHP; JKX; VOG; MXP; AEX and COIL
What did shares mag say about COIL
CAMBRIAN OIL&GAS: should be a big year for Kyrgyzstan-concentrated Cambrian. The firm recently hammered home its enthusiasm for prospects, having bought the Toktogul exploration licence, started recovery improvements at the Beshkent-Togap oil field and began seismic work at the Tash Kumyr licence. Beshkent-Togap includes a series of wells known to contain oil and Cambrian's plan is to simply update the Soviet-era equipment to extract it more efficiently. It has 1.3million of cash and is hoping to see modest revenues begin flowing through at some point this year.

Some volume today, for a change, on the day of the EGM and a decent rise.

Rodders

From Oil Barrel today....

Cambrian Oil & Gas Provides More Detail On Its Promising Diversification Plans

When we last wrote about Cambrian Oil & Gas, we said it seemed like quite a leap to go from pumping heavy oil from shallow wells in the Central Asian Republic of Kyrgyzstan to investing in a gas-to liquids (GTL) and LNG plant in the Timor Sea off Australia. Chris Hart, managing director of Methanol Australia, the company COIL has invested in and which will build the plants, was recently in London and found time to flesh out these plans for oilbarrel.com.

First, an update from the Kyrgyz Republic. Cambrians heavy oil lies in the Beshkent-Togap field in the southwest of this land-locked country, which is sandwiched between China, Kazakhstan, Uzbekistan and Tajikistan. The Fergana Basin, which straddles the border with Uzbekistan, is a known hydrocarbon province, complete with pipelines, two refineries and an extensive rail network. Heavy oil is not universally popular because it can be difficult to extract. Only about 4.5 million barrels of the estimated 65 million barrels in Beshkent-Togap have been produced, giving a recovery factor of less than 10 per cent. There are 70 producing wells on the field and Cambrian has a 50 per cent equity interest in any production increases from the field after the recovery of its capital outlay.

Last year the company spent US$350,000 on a water injection project, which involved pumping water into two wells with the objective of increasing oil production in the immediately adjoining production wells. Since February the Bishkent-25 well has produced at three times the agreed base level, which means it has produced some 13 barrels a day, up from 4 bpd.

We now learn that in May, June and July Well 66 has produced incremental oil at 50 per cent to 100 per cent while four other wells have recorded incremental oil at lower rates. In all, the net incremental oil is expected to be about 1,000 barrels. This is still modest and a long way from the target of 1,000 barrels of oil a day but it is significant progress and the project is now cash flow positive.

Cambrian also has two exploration projects in the country. The processing and interpretation of new seismic data on the Tash Kumyr has now been completed. The results have increased confidence that the permit area contains a number of prospective targets.

As for the methanol and LNG projects, Chris Hart explains that Cambrian has become involved through Cambrian Mining, which owns 28 per cent of COIL and is something of an energy conglomerate. These are promising projects, not least because Australia has many undeveloped gas discoveries that have been stranded by the tyranny of distance, which makes pipelines very expensive. LNG and GTL projects are, therefore, an obvious way to shift these stranded reserves to market.

Other companies have been stymied not so much by the capital costs of LNG and methanol plans but because of associated planning and native title issues, the transportation costs if pipelines are involved and the high labour costs of assembling plant. Mr Hart reckons Methanol Australia has cracked these problems.
Environmental approvals were granted for two 1.8 million tonnes per annum (tpa) methanol plants in December 2002 and one 3 million tpa LNG plant in May 2004. The plants would be on Tassie Shoal in the Timor Sea, which lies 275 km north of Darwin. In these shallow waters it would possible to build an artificial island with its own port, which obviates the need for a pipeline and would mean methanol or gas could be shipped to markets in the Asia. The plant would be prefabricated in Thailand where labour costs are low and towed to the island.

Methanol Australia has come up with some robust economics for the plants. A 3 million tpa LNG plant could be built for US$988 million and a 1.8 million tpa methanol plant for US$835 million. Dollar for dollar the LNG would be more profitable partly because prices are so high (spot prices are projected at US$385 to US$620 a tonne). The question of which plant gets priority may come down to the gas that will be used for feedstock.

Tassie Shoal happens to be near a number of established but undeveloped gas fields. In particular, it is almost adjacent to the 6.6 trillion cubic feet Evans Shoal field. The gas has a high CO2 content, up to 27 per cent, but because methanol benefits from a high CO2 content this would seem to militate in favour of building the methanol plant first.

However, and this is where Cambrian comes in, Methanol Australia has its own gas field in the shape of the NT/68 exploration permit, which lies 25 km from Tassie Shoal and could have gas in place of 14 tcf.

Through the purchase of shares from the trustee, a placing and the underwriting of 50 per cent of a new share issue, Cambrian plans to spend A$8.6 million to acquire 12.6 per cent of Methanol Australia. The cash will largely be spent on acquiring and processing approximately 410 sq km of 3D seismic over the crest of the 1,200 sq km Epenarra structure in the NT/P68 permit.

The estimated in place gas resource (P50) for Epenarra is 5.6 tcf. A well, Heron-1, was drilled by Arco in 1972, recording several interpreted gas-bearing zones, including a 50 metre fractured carbonate interval in the lower levels of the Darwin Formation. Studies indicate the gas quality at this level is likely to be low in carbon dioxide with the possibility for attractive levels of associated condensate. Drilling is planned for late 2007. If Methanol finds its own gas, then the LNG plant will probably receive priority.

Rodders

RODSPOTTY
THANKS FOR THE POST
i am positive about COIL and will give them time to deliver. Best luck to coil

Directors were upbeat at the EGM, expect a couple of interesting announcements between now and the AGM, sometime in November. DYOR

Rodders

Rodspotty
That's for sure, the way is up in my view, many investors thought, it is risky but it does not need to be risky, just because there is a risk but the control of the risk is important. I like the parent company CAMBRIA mining which provides excellent cover for Coil. i am happy to be in at this very early stage. Got in at 3p then at 5p. should have bought more at 3p but Coil will grow, and there is no questions about it.

Rodspotty if you were at the EGM can you say how much (or percentge of the market cap) and when the capital is to be increased since this will have dilution effect on the shares, which could then be a good time to buy or increase.

rpaco - I was not able to go to the AGM, but a friend was there. Naturally the directors were not able to say when the share capital will be increased, but it is obvious that it will be in the near future. Where this investment will be is anybodies guess, however here are 3 interesting scenarios to ponder, now that the COIL management have another 400m shares to place, though I very much doubt all will be used in the near future.

1. Methanol Australia.

From the recent ''A'' in which COIL said it had taken a 12.6% stake in Methanol Australia, the last para says...

''Methanol Australia also announced that it is planning a further fundraising
in which its shareholders will be entitled to purchase new ordinary shares on
the basis of one new shares for every four held at 22.5 cents each to raise
proceeds of 8.7 mln aud. COIL said it intends to underwrite 50 pct of this
fundraising.''

Assuming that the MEO shareholders do not take up more than 50% of the offer, the market price being below the placing price, then I deduce COIL having underwritten 50% of the MEO placing, will by way of another placing of its own, end up with approx another 12.4% of MEO taking their stake to 25%.

2. ELKO Energy

If ELKO were to float then COIL may up its stake by taking a slice of the placing, or if ELKO decided not to float, COIL could up its stake anyway.

3. Kyrgyzneftegaz

How about COIL taking a stake in the countries main oil refining firm.

...........................................................

One thing is for certain there are going to be a lot of shares in issue soon.

Rodders

There are 159m approx shares in issue, obviously the placing of another 400m would seriously dilute the SP. Thus I will hang on until the price has gone down very much further before investing.

Worth a read - Investor Presentation - Methanol Australia - 15th September 2006 - link below:

http://www.asx.com.au/asxpdf/20060915/pdf/3yhtp6gsn8828.pdf

Rodders

Activities
Previously Silvermines plc. The share capital of Silvermines was admitted to trading on AIM on 15 July 2004. At this time the Directors stated that the Directors intended to seek acquisition and investment opportunities in the media, advertising and marketing sectors. However, whilst the Directors believed that there were a number of opportunities for such investment, the strengthening in the advertising sector has, in the opinion of the Directors, caused an increase in price expectations such that the Directors have been unable to find investments of the appropriate quality at a price which the Board was prepared to sanction. Accordingly, the Directors have looked at other business sectors for opportunities which they consider capable of providing an appropriate return on investment. Under the Proposals the Company will enter the field of investment in oil and gas exploration and development, through the acquisition of Zhibek Resources plc, the existing business of which will be continued and developed. This will bring with it not only the oil and gas exploration and production interests from Zhibek but also a continuing relationship with Cambrian Mining plc, which on implementation of the Proposals, will have an interest in 27 per cent. of the Enlarged Share Capital and which has agreed to offer all of its potential future opportunities in oil and gas interests to the Company in the first instance. Zhibek was formed as a joint venture between Action and Cambrian in February 2004, for the purpose of conducting oil exploration, development and production activities in Central Asia and FSU countries. Since its formation, Zhibek has acquired a number of oil production and exploration interests in the Kyrgyz Republic from Action and Cambrian has provided initial funding to Zhibek as seed capital for which it has been issued ordinary shares and warrants in Zhibek

MEO on the up, COIL have a 25% stake @22.5 cents and 40m April/07 options @25 cents.

Code Last % Chg Bid Offer Open High Low Vol
MEO 0.270 8% 0.275 0.290 0.265 0.275 0.260 1,491,776

Rodders

Methanol Australia 9 ( COIL 25% ), closing price today.

Code Last % Chg Bid Offer Open High Low Vol
MEO 0.270 -3.57% 0.270 0.280 0.280 0.285 0.270 646,142

3D Seismic Acquisition over Epenarra Prospect, progressing well and ahead of schedule, data being processed onboard.

http://www.asx.com.au/asxpdf/20061011/pdf/3yxvvl1zbjkgf.pdf

Rig secured to drill up to three wells in NT/P68, in August 2007, new jack up rig being built in Singapore.

http://www.asx.com.au/asxpdf/20061011/pdf/3yy106kkb9x9r.pdf

DYOR

Rodders

rodspo
thanks for the post

COIL ups stake in Elko Energy to 29%....

http://moneyam.uk-wire.com/cgi-bin/articles/200610120700283425K.html

Rodders

Cambrian Oil buys Elko warrants from Cambrian Mining; to raise 4.55 mln stg

LONDON (AFX) - Cambrian Oil & Gas PLC said it has bought 15 mln special
warrants of exploration company Elko Energy INC from Cambrian Mining PLC for 1.5
mln stg, taking its stake in Elko to 29 pct.
Each warrant converts into 1 common Elko share.
Cambrian Oil also said it plans to raise 4.55 mln stg from the placing of up
to 151.8 mln new shares at 3 pence each.
As part of the placing, Cambrian Mining plans to subscribe for 53 mln new
shares to take its stake in Cambrian Oil to 17.20 pct.
Xtract Energy PLC, in which Cambrian Mining has a 54 pct stake, plans to
subscribe for 65 mln shares to raise its stake in Cambrian Oil to 35.37 pct from
the current 28.21 pct.
newsdesk@afxnews.com
tfn-ban-faj/lam


Rodders

Building a very nice rounded portfolio....

www.oilbarrel.com

16.10.2006
Cambrian Oil & Gas Ups Its Holding In Elko Energy, Increasing Its Exposure To Projects In Denmark, Tunisia And China
AIM-quoted Cambrian Oil and Gas plc has upped its holding in Elko Energy, a private Canadian company which is on the fundraising trail to develop its portfolio of international assets. Cambrian has bought 15 million special warrants of Elko from Cambrian Mining for 1.5 million. This takes its holding in Elko to 29 per cent.

Its an interesting addition to Cambrians increasingly diverse portfolio. The company holds exploration and production properties in the Kyrgyz Republic and also a 25 per cent interest in ASX-listed Methanol Australia Ltd, which hopes to build large scale methanol and LNG plans in the gas-rich Tassie Shoal area to the northwest of Darwin.

Elko, a private Canadian company that came into being 18 months ago and is now gearing up for an IPO, adds further diversity to the Cambrian asset base. The company has cash in hand of C$4 million but is looking to raise C$20 million (9.5 million) to fund projects in Denmark, Holland, Tunisia and, through its 39.1 per cent interest in Dragon Energy, in China and Ukraine.

The start-up is targeting a mix of exploration, production and near-term development projects. On the exploration front, Elko is the largest licence holder in the Danish North Sea with an 80 per cent interest in a 5,370 sq km licence, which lies to the east of the prolific Central Graben and appears to hold five large structures. It is partnered here by the Danish state, with a 20 per cent working interest.

Having conducted preliminary technical studies, Elko is now seeking farm-in partners to help share the costs of seismic and drilling work. Of its hoped-for C$20 million fundraising, it plans to spend around C$2 million on a seismic shoot over the Danish licence.

Almost half of that C$20 million will target the development of two oilfields offshore Tunisia. Elko has signed a letter of intent with Cadax Petroleum to buy the Yasmin and Cosmos fields for C$5 million in a deal that will bring proven reserves, near-term production potential and exploration upside.

Eight wells were drilled on Cosmos between 1980 and 1985, resulting in proven reserves of 40 million barrels. Elko estimates a recovery rate of 20-30 per cent with the use of water injection and pumping. Four wells were drilled on Yasmin between 1975 and 1982, finding 25 million barrels of oil. The potential upside adds up to 140 million barrels in Cosmos and 50 million in Yasmin and the fields could be onstream in 2008.

But theres a closer source of production in the portfolio. Elko has spent C$2.3 million buying a 42.5 per cent interest in Dragon Energy Inc, a private company with owns 60 per cent of the Maling oilfield redevelopment project in Chinas Gansu Province.

Maling covers 800 sq km and in 2001 was producing around 18,000 barrels per day. The field was then shut in but is reckoned to hold remaining recoverable reserves of 75 million barrels of remaining recoverable oil. Maling is home to 600 shut-in wells, with ten to twelve sands per well of which only one zone has been produced. Dragon, which is also on the IPO trail, plans to start re-entering the existing wells later this year, with each well expected to deliver around 150 bpd. The company expects to get output back up to 10,000 bpd within three years with the potential to get to 20,000 bpd within five years.

Dragon is also eying the purchase of an 18 per cent interest in five producing gas fields and one oilfield in Ukraine. The deal, if successfully concluded, would give Dragon access to net reserves of between 12 and 20 million barrels of oil equivalent and net production of 350 barrels of oil equivalent per day.

Elko is also hoping to add to its project pipeline on its own account. It is pursuing a possible new venture in Holland and expects to spend around C$5 million on farm-in opportunities to build its portfolio. These include opportunities in the Baltic region, north-west Europe, North Africa and the Middle East.

Rodders