< "> edit 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

i have had 2 further bites of the cherry today, and though the 2nd one looked expensive, it's now very comfortably in the money and the order book looks very strong ..... all in all, a cracking start to the year

i have to keep reminding myself that caution (banking profits!) during 2012 must be the mantra .

this is the most important statement you'll hear this year.

thanks cynic for that.

yep good reminder ref banking profits - would expect some more blue here tomorrow

we need to change the header title for afr - it should read:

tullow - is this the next AFREN lol :-)))

just to show that i do try to follow my own discipline and advice, have banked today profits on dow and goog (but left aap running)

http://www.macquarie.com/dafiles/Internet/mgl/msg/iConference/documents/Europe/ExplorersAgenda.pdf

Explorers Conference this coming Monday - 9th January 2012.

Andaz Hotel, London.

Macquarie Connections.

Kurdistan, Mena, Frontier, Poland, South America, SE Asia, North Sea, Africa.

Breakfast & Welcome address 8.20 - 8.30am.

Kurdistan (Great Eastern Room).
Genel Energy 8.40am.
Afren 9.05am.
DNO 9.30am.
Western Zagros 9.55am.

http://www.macquarie.com/dafiles/Internet/mgl/msg/iConference/documents/Europe/ExplorersAgenda.pdf

another good day at the ranch ...... GKP = whizz and suddenly AFR = bang, then add PFC to that too!

Be good to finish above 1.08 today.

http://www.investegate.co.uk/Article.aspx?id=201201091151382177V

in your excitement over gkp, you all seem to have foolishly taken your eye of this little charmer

cynic we havnt next stop 125pish?

I haven't cyners got my quota and holding on to it.,.

Finished day high bodes well for monday

Starting to climb......worth 50% more in my opinion.

starting to climb - could very easily double from here

AFR steaming now 116+

volume only a bit heavier than normal, but nice to see nevertheless

Got on board this morning.............target 140p initially.

http://www.investegate.co.uk/Article.aspx?id=201201170700146472V

Afren plc (AFR LN)

Okoro East exploration well makes a significant new oil discovery offshore south east Nigeria - 2012 exploration campaign underway

London, 17 January 2012 - Afren plc ("Afren" or the "Company") announces that the Okoro East exploration well, offshore south east Nigeria, has made a new oil discovery having encountered 549 ft true vertical thickness (TVT) of net oil pay and 41 ft of net gas pay in excellent quality reservoir sands. The well result represents a successful start to Afren's 2012 exploration campaign that will see the Company participate in multiple wells across each of its core areas.

The Okoro East exploration well was spudded on 18 December 2011 and reached a total measured depth of 8,751 ft (8,016 ft true vertical depth), with the Transocean Adriatic lX jack-up drilling rig. The well has successfully encountered oil in the Tertiary reservoir sands equivalent to those that have been developed and are in production at the Okoro main field, in addition to the deeper previously unexplored reservoirs. The discovery of significant pay in the previously unexplored deeper zones opens up further prospectivity at similar levels on the main Okoro field and elsewhere on the block.

The objective of Afren and its partner Amni International Petroleum Development Company Ltd. ("Amni") was to explore a separate previously un-drilled structure located approximately 2 km east of the Okoro main field. Okoro East is in a similar structural setting with a fault sealed 3-way dip closure in Tertiary reservoir sands at equivalent intervals to the main Okoro Field. In addition, the Okoro East exploration well was targeting a deeper horst block structure, a play concept that had not been previously explored on the block. The prospect was mapped on good quality 3D seismic data.

Logging operations have been completed and the well is now being prepared for testing, after which Afren and its partner Amni will determine the optimal development of the discovery.

Osman Shahenshah, Chief Executive of Afren, commented:

"We are delighted to have made a new oil discovery offshore south east Nigeria in Afren's core producing area. The proximity of Okoro East to the existing producing Okoro field means that we are well positioned to efficiently monetise this discovery, both in terms of our detailed understanding of the subsurface and proximity to existing infrastructure. The well also opens up additional prospectivity on the block and is a very successful start to our 2012 exploration campaign. With the JS-2 exploration well currently drilling ahead in the Kurdistan region of Iraq, we look forward next to spudding the Nunya-1x (Cuda-2) exploration well offshore Ghana later this month."

i hope "friend hali" is on board here

trades at 134p