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emerald energy (EEN)     

kendoken - 22 Mar 2004 12:11

how about some info about emerald?trades today 4mln buys 1mln sell.is it just me or is their demand for this share?why does the price not move?I,m new to this caper!cheers.

gordon geko - 24 Feb 2005 17:26 - 216 of 249

no news so far but decent company and the news will come be patient

profitmaker - 25 Feb 2005 15:17 - 217 of 249

Surprise!Surprise! No movement in this today. Can't remember a day when it hasn't moved at all. Is this suspicious?

g64946 - 25 Feb 2005 15:20 - 218 of 249

profitmaker - no update from IC since the article on 17th Sept

gordon geko - 28 Feb 2005 13:24 - 219 of 249

should someone ask them why ?

ateeq180 - 28 Feb 2005 17:43 - 220 of 249

down as well whats going on..

DFGO - 04 Mar 2005 14:28 - 221 of 249

EEN will have to release news over the next three day ref Gasprom the placement

Share option scheme
The 4,950,000 placement for share options will come from the share capital
and directors will pay for them.

DFGO - 04 Mar 2005 14:28 - 222 of 249

same post deleted

PIZZAGOD - 08 Mar 2005 08:58 - 223 of 249

oh dear

MaxK - 08 Mar 2005 09:16 - 224 of 249

Wheres Joe?

TheMaster - 09 Mar 2005 08:43 - 225 of 249

News better then you think. Production figures re-rated upwards and increasing during the year. Campo Rio Vigia well near target depth and we look forward to evaluation of the hydrocarbon test results.

gordon geko - 09 Mar 2005 11:59 - 226 of 249

the news is o.k but this lot are ultra cautious clearly 6000BPD by end oif year
is big gain on 800 last year

DFGO - 09 Mar 2005 12:42 - 227 of 249

gordon geko

It certainly is but I think it will be more like 8000bopd + imho

But as always dyor.

gordon geko - 11 Mar 2005 16:00 - 228 of 249

some why is there a short term confidence issue

ariesr - 12 Mar 2005 11:11 - 229 of 249

I dont think there is any short term confidence issue. SLB on ADVFN mentioned the Barclays may have added the block listing shares to EEN's mk cap. Intersting.

DFGO - 06 Apr 2005 18:23 - 230 of 249

nice to see blue today .065p rise more to come betweennow and results on Friday
15th April imo but as always dyor.

DFGO - 07 Apr 2005 17:56 - 231 of 249

up 6.5p again today

Todays Investors chronicle says results 8/4/05 but rns from Emerald Energy
says 15/4/05


Emerald Energy PLC
09 March 2005


9 March 2005



Emerald Energy Plc


Operations update and news on Russian transaction


Emerald Energy Plc ('Emerald' or the 'Company') is pleased to provide the
following news on the Company's activities:


COLOMBIA - Exploration


Campo Rico Association Contract: Llanos Basin.

The Vigia #1 exploration well is currently drilling below 10,600 ft. When
the well reaches its planned total depth of around 11,000 ft the well will
be logged and its hydrocarbon potential evaluated.


Algarrobo Association Contract: Llanos Basin.

The drilling of the El Algarrobo #1 exploration well has been unavoidably
delayed due to unseasonable weather having prevented the construction of the
drilling location and access road. The Company now expects this well to be
drilled later in 2005.


Fortuna Association Contract: Middle Magdalena Valley Basin.

The Company is finalising the choice of location and program to drill one
or more exploration wells in the Fortuna block in 2005.


COLOMBIA - Production


Campo Rico Association Contract: Llanos Basin.

Campo Rico well #1 is currently producing oil at 1,750 bopd.
Campo Rico well #2 under test produced 16degrees API gravity oil at a rate of
650 bopd from the upper M1 zone of the Mirador sands, however it is believed
that water production from the lower M2 restricted the test oil flow. When
the Parker 222 drilling rig has completed work at Vigia #1, it will return
to Campo Rico and re-complete the #2 well to reduce the water influx.
Campo Rico well #3 under test produced 16degrees API gravity oil from three
separate zones in the Mirador sands; the M3 sand produced at a rate of 250
bopd, the M2 sand at a rate of 1,100 bopd and the uppermost zone, the M1
sand, at a rate of 1,700 bopd. Initially Campo Rico #3 will be produced from
the M1 sand, the zone currently being produced at Campo Rico #1. The well
will be placed on production by the end of March 2005.


Matambo Association Contract: Upper Magdalena Valley Basin.

Gigante well #1A is currently producing at approximately 725 bopd.


The Company's wells are currently producing oil at approximately 2,475 bopd.


RUSSIA


On 11 November 2004 the Company announced it had entered into a Sale and
Purchase Agreement to acquire 25% of JSC Krasnoyarskgasprom from Star Capital
Research Limited. The Company remains fully committed to acquire this
significant interest in this project. However the Company has been advised by
Star Capital of a potential capital restructuring of JSC Krasnoyarskgasprom by
OAO Gasprom who hold 75% of JSC Krasnoyarskgasprom. Until the details of this
restructuring are known, and the Company is completely satisfied with any
possible implications of the restructuring, the Company will not complete the
proposed transaction. The Company and Star Capital have agreed to amend the
long-stop date to complete this transaction to 31 December 2005.


2004 RESULTS


The Company expects to announce its results for the year ended 31 December 2004
on 15 April 2005.


Alastair Beardsall, Emerald's Chairman, said: 'The drilling programme in
Colombia is producing positive results; the increased level of production at
current world price for oil is having a significant and positive impact on the
Company's cash flow. By the end of this month the Company's Colombian fields are
expected to be producing over 4000 bopd, with a further increase expected when
Campo Rico #2 has been re-completed.'


'bopd' means barrels of oil per day


Enquiries: Alastair Beardsall 020 7925 2440






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



DFGO - 09 Apr 2005 12:24 - 232 of 249

up 6.5p again on Friday8th EEN should increase substantially next week leading
up to results which are going to show substantial increase in profit over
2003.
End 2003 producing 894bopd this is averaged over 365 days.

At end of 2004 Emerald were producing 2500bopd.

They are now producing over 4000bopd 365 day average.

But as always do your own reserch.

DFGO - 12 Apr 2005 17:52 - 233 of 249

DFGO - 12 Apr 2005 17:58 - 234 of 249

9p down today but EEN will make it up and more besides with results out on
friday 15th April which are going to show substantial increase in profit over 2003.


But as always do your own research.

hlyeo98 - 13 Apr 2005 07:24 - 235 of 249

Emerald Energy PLC
13 April 2005


Emerald Energy Plc ('Emerald' or the 'Company')

Drilling Report


Emerald is pleased to provide the following update:

The Company has completed the drilling of Vigia #1, an exploration well some 11
km to the east of the Campo Rico field, to test the hydrocarbon potential of a
structure identified by seismic acquired in 2003. The well was drilled to a
depth of 11,120 ft.

During the initial drill stem tests, the well produced 16 degrees API crude oil
from two separate zones. Under natural flowing conditions the well produced at a
rate of 440 bopd from the Une sand and at a rate of 260 bopd from the Lower
Gacheta sand.

Approval will be sought for a long-term production test of Vigia #1 that will
permit early production from this well. The long-term test production will be
carried out using a downhole pump that will increase the production rates
achieved during initial tests significantly. Following the completion of Vigia #
1 for long term testing, the Company will use the Parker 222 drilling rig to
drill the Vigia #2 appraisal well.

Alastair Beardsall, Emerald's Chairman, said: 'The discovery of the Vigia field,
just 11 km away from the producing Campo Rico field, will give Emerald a
significant increase in oil production and an opportunity to use the experience
we have gained in the development of the Campo Rico field.'

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