< "> 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

From Digital Look:


The Telegraph looks at the oil sector. Of the oil majors, BP is a buy because of its dividend. For future production growth, it has a buy stance on Tullow Oil, Dana Petroleum, Afren and Venture Production. In liquefied natural gas, BG Group is the preferred play and there is a buy stance on three oil service companies: Wood Group, Petrofac and Cape.

Perhaps the oil price will settle in a $60 to $70 zone now after rocketing to $147 and then crashing to $35 and up again to $73.....who would have thought that it would do that just 2 years ago...?....a bit like a rubber ball dropped from a high rise building with the graph starting upon impact !.

This is a bouncy baby !...I still think that this will go to the pound level within a year !.

i'm happy to hold these too

I sold 50% for .60p now looking to get back in, reckon high 40's is as low as it will go.

hmm! ...... chart is self-explanatory

You think lower? iyo

hard to know - well, one never does of course - but the oilies in general have taken quite an indiscriminate bashing of late.

indications are that AFR has a stack of potential and there is a reasonable argument that the 25 dma around just below the current price will give support ..... sp dipped below this morning, seemingly to touch 50 dma at +/-48

pays yer money, takes yer choice

No, he thinks higher. Or else he wouldn't be happy to hold.

doesn't actually follow ...... sp could easily fall further, but that would not change my stance ...... in fact, i have just topped up at 51.25, but may well use that piece for trading

lol, cheers you two.

Should bounce from these levels imo good support at 51p

Like cynic said all oilers affected.

Starting to move up again....when are they going to move to the main market...hope I can put some in an Isa.

topped up here yesterday ..... oilies in general are being beaten up in line with the tumbling crude price ..... in some ways a bit daft, especially with the likes of AFR and TLW which have made some huge and real finds in the recent past, and which will come on stream within the next year or two

The dumpers are piling back in from what I can see on my screen....love this stock...as long as oil does not plummet the sp has got to be up in upper nineties before next summer, perhaps even before. I still think that AFR would fit neatly into British Gas's porfolio (BG.).

Oil has risen by 50c (US) in the last half an hour, so quite some movement expected here as Afren more than others reacts incredibly on the ups and downs.

And now dropped by 80c....

The graph shows a steady rise..gentle but if the price of oil steadies or rises this could jump by 5p or so...many a time a stock can be priced up sharply with such a slow climb...

though what you say is correct, that would be just general sentiment ..... i think the real action will come as news becomes available on progress on the Ebok field