HUGE PROSPECT ON D1 OILS

D1 was originally established in 2002 to focus on the development of a portable refinery technology to produce biodiesel for the UK transport industry. During this period, it was concluded that the high cost of rape seed oil, the main feedstock for biodiesel production in Europe, renders its use commercially unattractive. As a result, D1 explored the economics, suitability and yields of a variety of specific energy crops. During 2003, jatropha curcas was identified as its feedstock of choice and the focus turned to securing output from jatropha plantations.

Jatropha was selected as D1's primary energy crop due to it's high productivity, durability and longevity. Jatropha trees can be grown on marginalised land and are durable to the elements. Furthermore, jatropha can grow in areas of minimal rainfall, although it grows better in areas of higher annual rainfall. Jatropha trees produce nuts, which contain oil, for an average of thirty years and generally have their first harvest within two years of planting. Biodiesel refined from jatropha oil complies with EN 14214, the current European standard for biodiesel. Biodiesel meeting EN 14121 specification is an approved blend when mixed with petroleum diesel.

D1 is now commercialising its D1 20 refinery able to produce eight million litres of biodiesel per annum and will utilise jatropha oil as its main feedstock. D1 believes it can maintain low production costs and produce consistent, high volume quality output through sourcing existing feedstock supplies, cultivating new yields of jatropha on existing plantations and setting up D1 20 refineries regionally. D1 is working with highly regarded agronomy and biotechnology research and development facilities in India and South East Asia and is participating in the establishment of nurseries in a variety of locations in the Asia Pacific region. These nurseries will test imported jatropha seeds against indigenous varieties to determine which will grow best under a region's climatic conditions. In addition, D1 has recently acquired the rights to a proprietary growing media which targets the specific nutritional requirements of jatropha.

The global market demand for biodiesel is growing. International energy and environmental policies have helped to create a demand for biodiesel which is estimated to reach at least 10.5 billion litres by 2010 in the European Union alone. Based on current capacity, feedstock availability and positioning in the market, the global production of biodiesel is expected to reach approximately
3 billion litres by 2010, less than one third of the projected demand in the European Union.

D1 Oils aims to become a global, sustainable, low cost producer of biodiesel and supplier of crude vegetable oil used in the production of biodiesel. To reach this objective, D1 will manage its operations regionally, securing plantation rights and establishing refinery operations in each region, thus controlling aspects of the supply chain from seed selection through to the sale of biodiesel to end customers.

To this end, D1 has established four regional operations:
UK (Teesside and London) South Africa (Johannesburg) Asia Pacific (Manila, the Philippines) and India (New Delhi).

with the increased focus on green initiatives and forthcoming eu legislation for biofuels usage these have to be a good investment.
Bid rumour of july seems to have come to nothing to date however will that all change as they prove themselves as a reliable company? wouldn't be surprised if directors bought more soon.

Sort it out D1!!!
The SP s going through the floor

chart's not great i must confess ...... 200 dma shown, but i like tthe stock and the sector so as sp drops am becoming increasingly interested in adding these to the portfolio .... current sp weakness is almost certainly just a reflection of the prevailing weakness in crude.

problems at biofuels probably not helping either

do you reckon D1 could snap up bfc s plant if it goes on the cheap from the bankers?

IMO, as DOO has taken one look at BFC and walked away within a few days, i cannot see why they would want to look again ..... prob feel it better to wait for the receiver!

Good RNS yesterday ...hasnt been mentioned....deal tp supply Petroplus.......

Dont give up on the bid rumour...they must still be in talks as interims said they were at an advanced stage......and if they had failed it would surely be beneficial for the company to announce as it has done nothing for the sp.....check out the CWP chart just before the JV was announced with BP...the sp lost 2 in the 8 weeks up to announcement...jmho;0)

The deal is certainly a positive sign - hopefully the first of many. It should deliver revenues soon and also get D1 a reputation in the market as a reliable supplier which could lead to a few clients of BFC moving to DOO.
I think its only a matter of time until this one gets moving, especially at these prices.

Petroplus was at one stage a customer of BFC but "walked" after bfc encountered delays in production. Assume they have now opted for a more reliable supplier

A pretty little chart for you all to gaze in wonderment at!
Black line = 200 dma
Green line = 50 dma
Red line = 25 dma

By amateur view is that there was some sort of resonmable support around 190, from which it has bounced nicely.

Obvious quite strong resistance is at least where it hits 200 dma, and probably around other levels - e.g. 25 or 50 mda







Would have liked to see 200 mda tracking upwards before buying, but greed may well get the better of me, for I much prefer this stock over BFC, which would seem to be the other contender in this specific area of alternative fuels.

Goldmann Sachs has a Buy Note out on DOO to 280p.....;0)

Goldmann Sachs has a Buy Note out on DOO to 280p.....;0)

200 mda tracking upwards....;0)

very bleak day today but for no obvious reason at all

thats DOO's speciality

i didnt realise it was that big !! that screws over my portfolio dearly - BUT then doo rebounds the next day and the people that made it loose 20% in the first place can buy back low and make a nice profit when the sp returns to a reasonabl;e value.

Today's much-publicised Stern Report should promote a lot of focus and interest on alternative fuel companies such as DOO ...... (my own view!) is that this the best bet between BFC (looks to have too many financial troubles for comfort) and GTL (right idea; wrong country; expensive to produce).

There's plenty in quite recent earlier posts to show why I think this company has an excellent future, but (of course!) make up your own minds.



Footnote
Some of the alleged proposals in the Stern Report sound totally nuts to me.

VAT on European flights, reads like just another juicy source of revenue for the government and nothing whatever to do with "green issues". Is the intent really to stifle intra-European business (both biz and leisure) and seemingly make it better "value" to fly further afield for holidays?

Packaging (back in your boxes you SEO fans!) .... Why target the consumer so heavily? How about tackling the producers of the proposterous packaging that comes with (say) computers? Huge cardboard boxes and a trailer-load of polystyrene; ever tried getting rid of it? Or silly and simple wasteful things, like over-sized tubs on yoghurt - 1/4 inch of unnecessary lip at the base to make the product content look larger.

Yes i agree but they have to comprimise and please a lot of different groups with different views.
I think Symphony are well placed, as is DOO and GTL.
Don't agree that GTL are in the wrong market.

D1 Oils Plc
05 October 2006


5th October, 2006

D1 Oils Concludes First Major Offtake Deal for Biodiesel

D1 Oils plc (D1), the UK-based global producer of biodiesel, has concluded its
first major UK offtake contract for biodiesel. The contract covers the sale of
approximately 24,000 tonnes of biodiesel over a twelve month period to
Petroplus Refining Teesside Limited, a division of Petroplus, the UK's largest
independent refiner of crude oil and distributor of petroleum products.
Petroplus has a leading position in the UK commercial diesel market and is a
major supplier of biodiesel through its Bio-plus branded fuel.

This contract accounts for approximately three quarters of the first commercial
product from D1's newly commissioned D1 20 refineries now operating in
Middlesbrough. D1 currently has 32,000 tonnes of operating refining capacity in
Middlesbrough and expects to expand UK production capacity to 320,000 tonnes by
the end of 2007 and 420,000 tonnes by the end of 2008. The first deliveries to
Petroplus are expected to take place before the end of the year.

Elliott Mannis, D1's Chief Executive Officer, stated:

'We are proud to announce our first major UK offtake contract for biodiesel and
to welcome Petroplus as our first major client. All four of our Middlesbrough
refineries are now in beneficial operation and producing biodiesel for sale. We
are delighted that our commercial product will be supplied to the market under
one of the UK's established biodiesel brands. We aim to conclude further
agreements in due course to sell out the balance of production of the Teesside
site, which we have brought to full commercial operation in less than six
months.'

Stephen Thomason, Marketing Director of Petroplus Refining Teesside Ltd stated:

'Petroplus is very pleased to have concluded an offtake agreement with a local
biodiesel manufacturer in the North East. We are looking forward to a
successful working relationship with D1 Oils plc.'

How could D1 Oils mislead the public for more than 3 weeks on such miscalculations!
Reducing its capacity from 320,000 tonnes (as above) to only 100,000 tonnes by the end of 2007



OFFICIAL CORRECTION D1 Oils targets 100,000 tonnes refining capacity in 2007
AFX

(Company correcting time period for Middlesbrough capacity target to 2007 from 2006. Recasting lead.)

LONDON (AFX) - UK biodiesel producer D1 Oils PLC said it intends to deploy a further six D1 20 units to increase biodiesel production capacity at its Middlesbrough refinery to around 100,000 tonnes during 2007 from 32,000 tonnes at present.

The news accompanied an announcement that D1 Oils today is hosting a site visit for investors and analysts to demonstrate progress in agronomy and refining.

The company said investors and analysts will visit the Netherlands where D1 is carrying out its jatropha crop science programme, and will be given a tour of the Middlesborough site.

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