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

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

But as always dyor.

some why is there a short term confidence issue

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.

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

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

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.

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.

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.'

Nice one hlyeo98.

Campo Rico #1-3 will be currently/soon producing 4,825 bopd (when #2's water problem is fixed) according to the last drilling report. The Une sand (probably produced first, followed by the lower, lesserGacheta sand) will add, say, up to another 575 with improved production to make a total of 5,400 bopd a nuice increase of 12% on exisitng output into an upward trending oil price.

Little, by little, by little . . . . as Mick Jagger used to sing.

SD

Down 13p on results today seems unduly harsh treatment. I thought the numbers and Chairman's statement looked pretty good. The uncertainty over the Siberian JV seems neutral to me, rather than negative. Columbia and its regulatory authority seem to be in cracking form.

Did I miss something? Any views?

SD

hi stockdog hows rover

stockdog,
This is a stock that trades on optimism, figures and statement were both upbeat as you say, but to a degree, "buy on the rumour sell on the news," and in truth while positive, does the news justify the inflated share price, not really, imho.
Still in. but only as a punt.

I have to say Alistair Beardsall and Co seem to be on a good roll with their Columbian operation. Just need to sort out their Siberain interests, or withdraw from them entirely, which might be better in the mid-term for cashflow and concentration on the current prospects in S. America.

The follwing RNS is cheering news.

SD

LONDON (AFX) - Oil exploration group Emerald Energy PLC said it has been awarded two so-called Technical Evaluation Agreements in the Llanos Basin in Colombia.

"The award of the Cachama and Las Brisas TEAs is a further positive step towards increasing Emerald's portfolio of exploration acreage in Colombia," said Emerald chairman Alastair Beardsall. "In the highly prospective Llanos basin we now have four TEAs covering a total of over 9500 square kilometres in which we have secured the first option on future Exploration and Production Contracts without having to commit substantial funds for a seismic or drilling programme at this stage."

The agreements have a term of 10 months during which Emerald will carry out studies designed to identify the presence of prospective exploration areas within the basin.

Emerald said it may then apply to the National Hydrocarbon Agency of Colombia for exploration and production contracts for any prospective sites for drilling.

newsdesk@afxnews.com

een on the move up 12p this morn

It was the main feature in this months TMI tipsheet, with a buy at 139p..

Anyone here going to the AGM today?

Thanks.

RNS Number:8474M
Emerald Energy PLC
27 May 2005


Emerald Energy plc
AGM Statement

The Company provided the following update on operations at its Annual General
Meeting held today.

"We anticipate that the remainder of 2005 will see more positive news

*The workover of wells Campo Rico #2 and #3 to reduce the proportion of
water produced will be undertaken in June. Both wells are expected to be
operational in July adding some 2,000 barrels of oil per day to production.
*The final assembly of production facilities at Vigia is underway and
production from the discovery well Vigia #1 should also commence in July.
After the initial testing period this well is expected to produce at 1,000
barrels of oil per day.
*Well Vigia #2 is being drilled and is less than 1,000ft from reaching its
planned total depth. The drilling should be completed and the well logged
during June with first production anticipated in August.
*Sulfide #1, the first exploration well on the Fortuna block will be
drilled and evaluated before the end of 2005.
*Drilling of the exploration well on the El Algarrobo block will commence
by year end.
*Applications will be made to convert some of the acreage under the TEAs
into Exploration and Production Contracts.

In November 2004 we announced that Emerald had entered into an agreement to
acquire a 25% interest in the Russian Joint Stock Company Krasnoyarskgasprom, a
company with licences to explore and develop 3 oil and gas fields in East
Siberia. We remain committed to this transaction when the proposed capital
re-structuring of Krasnoyarskgasprom by OAO Gasprom is completed.

I would like to thank all the members of the Emerald team in Colombia and London
for their hard work and determination in achieving the results we see today."

Contact
Emerald Energy plc
Alastair Beardsall Tel 020 7925 2440

I like these almost as much as SEY, but I wish they'd resolve their Krasnoyarskgasprom JV which I feel is acting as a drag. Meanwhile, their Columbian operations look great.

Having just bounced off 135p support level up through 200dma and downward moving 25dma, it is now challenging 50dma. Hope it can hold above 200dma uuntil the shorter dma's have time to turn upwards again. Then it should motor - or not! We'll see, but it's fundamentally a good business selling into a still good oil price.

sd

More News!!!

Emerald Energy expects Campo Rico wells to be producing 2000 bpd by July
AFX


LONDON (AFX) - Emerald Energy PLC said it anticipates that the remainder of 2005 will see more positive news for the company, highlighting that both Campo Rico 2 and 3 wells are expected to be operational in July adding some 2,000 barrels of oil per day to production.

The workover of the wells to reduce the proportion of water produced will be undertaken in June.

In an AGM statement, Emerald also said that the final assembly of production facilities at Vigia is underway and production from the discovery well Vigia 1 should also commence in July. After the initial testing period it this well is expected to produce at 1,000 barrels of oil per day.

Well Vigia 2 is being drilled and is less than 1,000ft from reaching its planned total depth. The drilling should be completed and the well logged during June with first production anticipated in August.

Elsewhere, Sulfide 1, the first exploration well on the Fortuna block will be drilled and evaluated before the end of 2005, while drilling of the exploration well on the El Algarrobo block will commence by year end.

Commenting on its agreement to acquire a 25 pct interest in the Russian joint stock company Krasnoyarskgasprom, a company with licences to explore and develop 3 oil and gas fields in East Siberia, Emerald said it remains committed to this transaction when the proposed capital re-structuring of Krasnoyarskgasprom by OAO Gazprom is completed.