announcments are due soon, stock price moving should hit 1.80 easily, very interesting story with new field linked in with an indian oil company joint venture and I understand good results from one area, looks great

l would imagine so. News is due. ,,,,l was going to buy a few more @ 280 this morning but unfortunately changed my mind . Never mind . Plenty of traders still buying ,,,,@+ J

RNS ! ...EEL !! l dont feel you can go wrong here ! EEL have issued an RNS informing the market that drilling interupted an intersection to what they call a major gas resavoir . What with Shells Bongo field lying nearby which is believed to contain 1.4 billion bpoe this is a great start to EELs aggreseve 2006 drilling programme . Shares up 10p already following the 22p rise on Friday. Since the 180 level buying in EEL has been mm and broker dominated ... Furthermore EEL to start immediate drilling on an equally exiting lead !!

2006-01-09 00:48:18

Nigeria begins shipping liquified natural gas to US from new plant

LAGOS (AFX) - Nigeria NLNG said it had shipped the first cargo of liquefied

natural gas to the US from its fourth production plant.

Up 30p --10% . Thats 52p in 2 trading days with a LOT more to come . A future "Cairns" perhaps ! . ..Bought a few more @ 310p and even then it wasnt only after mooching about .. Looking at the price oil majors are paying for mere exploration licenses in this area clearly illustrate coastal West Africa to be one of the masts " Big Oil " has nailed its colours along with the Russias, the latin Americas inc the Gulf of Mexico and Falklands,the Caspian and Black sea countries and a plethora of Balkan states and ex soviet satallites such as the Ukraine , Georgia,and with Turkmeni ,Azeri , and Kazack gas becoming MAJOR suppliers ! - . ,,, ,,,,Listening to BBC radio 4 money prog which commented favorably about Brazil are emeging oil players and have the possible potential of the Russias , Africa, lndia, and China ,,, ,,,,,@+

Up a further 20p to 350 . Thats 75p in 3 trading days. Seems a little froth in that s/p and i expect a minor retracement / correction to the 325/330 level . ...Roly ? You sold any of your holding as yet ? ..As for myself . Playing the percentages as all good traders and what with 20% returns in 2 days alone l couldnt resist such profit ....Sold a few thousand @ 345p ....

There as been a retracement today, but there might be American buying after 2 pm, i sold just a few CFD's that i bought @270 for 307

from lemminginvestor.com

Equator Exploration investors, were given another boost today, after the Irish oil minnow announced it had discovered a major gas reservoir on the western Niger Delta, offshore Nigeria.

The gas was found on the B-DX1 well, located on the OML 122 license area, east of Royal Dutch Shell PLC's Bonga field which is estimated to contain up to 1.4 bln barrels of oil equivalent. The well, B-DX1, is a follow-up to the Bilabri-1 discovery hole, drilled in the 1970s by Deminex Oil. That well encountered an oil zone and several gas zones. The pre-drill estimates on the structure were put at 25-45 million barrels of oil in place and 1.2 trillion cubic feet of gas in place.

In a drilling update, Equator said a 'continuous hydrocarbon column, 455 gross feet in length, has been encountered at 2,303 metres below sea level.'

'Of this, a 200 foot gas interval lies within the main gas sand identified by the discovery well, confirming it as a major gas reservoir,' it added.

The group said it is to drill a second exploration well next month.

The shares have rallied strongly since our feature at 131p in June `05. gushed 28p higher today, closing 328p.

Amities / This is one for both the long term and short term trading Roly . You agree ? ..Might be worth buying in the morning as buyers did as u suggest return in late afternoon . .lts amazing isnt it . ln EEL we have a company in which lots of money is being made by investors { mm and broker dominated } , a share whose potential is vast yet yet the thread is bare. Yet people are still waffling away about crap like FTSE giants such as FTSE 100 giants VOD to small minnews like shitty NML and burnt out SEO who will probably make NOTHING and cause nothing but sleepless nights !. ,Why wait years to make ANY profits when shares like EEL are an excellent investment and what is more . For the more expirienced traders - ,, ,CFD trading long or short or inter-spread. Once you work out the dynamics and current trading idiosyncasies of EEL in relationship to the market its quite easy to quantify. BUT! lts trend is very bullish. Extremely so. Such big percentile fiscal gains as made by like those of EEL are bound to attract people banking profit. BUT their closing of positions is more than underpinned by big buyers @ 350 level . lt will be 400p within a month in my opinion . But with plenty of volatility caused by the mms determination to balance his book - tree shaking to accumulate and sudden 6-10 point drops to worry nervous investors to reduce his exposure . Lots of tricks on the way As you know Roly it is my share of the year ! And if the second well proves as productive as its first its s/p will be 500p+ . To put it in chronological terms Roly l feel EEL is at at the stage JKX was @ 40s and raring to go .. How say you ?? . What with its portfolio dominated by KNOWN productive sites in Nigeria -both off and onshore it will reach the heady highs of Cairns . Unless as my ex boss @ Pershing insists they will be taken out by a global player which he sees as part of thier intended business model.

Amities ...l ACTUALLY do put my posts in short paragraphs; but this t***t of a laptop reproduces the post in one big paragraph. l apologise....and am trying to rectify the prob ..@+ J Hurrah Another poster !!!

TFC

Why should we worry no one wishes to post.

The fewewr people knowing of this gem the better as far as I am concerned.

Too much rubbish seems to be posted IMHO and before we know where we are we shall have posters asking what the price will be in April/ July/ October. How we justify the figures etc. Calculations abound, based on what ? Wishful thinking in the main

Quietly accumulate is the order of the day.

Thanks for your posts, hope you sort out the spacing

Regards,

Predateur

Amities Predateur <> tu es francais ?. Bonne matins !..je espere tu es bien . What a morning !! An Excellent trading day !! EEL up a whopping 40p to 370 which was too much for my trading instincts so i sold 15,000 @ 370 in 2 tranches of 10,000 and 5000 BUT will retain my major holding . And looking at the way mms marked it down to 360 within 2 trades l am feeling quite chuffed with myself . l feel 330 shall be revisited and l will top up again . Sometimes this is all to easy .Other times it is deliciously f**** cruel . Well forget delicious- juste f*** cruel , Like females- fickle ...., bien amicalment @+ J

Jamie, done the same today with a few i had in a CFD @ 322 and sold @ 370,
I am now holding a few EME and ELP, won't have to wait long for news from those two, if ELP goes to high before any RNS i might go short on a few.

Equator Exploration Limited
19 January 2006


For Immediate Release 19 January 2006

EQUATOR EXPLORATION LIMITED
('Equator' or 'the Company')

Exercise of Warrants and Admission of New Shares for Trading on AIM

The Directors of Equator Exploration Limited (AIM: 'EEL', 'Equator' or the
'Company'), announce that 380,000 common shares have been issued at a price of
US$1.31 per share as a result of the exercise of warrants. Application has been
made for the new shares to be admitted to trading on AIM.
For further information please contact:

Wade Cherwayko, Chief Executive Officer

Amities / Big Oil constituient - Texaco-Chevron - spudded their first well well at the sao tome project of the coast of Nigeria today . Great things are expected from this KNOWN hydrocarbon acreage . Considering we at EEL possess the license nearby the geological data and results of the chevron well should give us an idea of what to expect when EEL commence their drilling programme shortly ............................But first things first . Preparation for EEL s second well in the Nigerian Delta is ready and if we can repeat the prolific results of the first { highly likely } then 5oop should be on the cards. Bonne chance ! Bought a few more today .Someone spent a cool 3m quids worth @ 333p ..Ordinary Joe ..Obviously feeling lucky ...lol hmmn. ... . ... @+ J.....

Amities / Up 20p , Seems like ordinary Joe knew what was coming . Upon Scrutinizing my "Alexanders " i realised EEL is sitting among some of the most expensive exploration acreage i have ever known -; Correspondingly such licensing cost awards s were among the most expensive i have ever known ; attracting virtually every single constitient of " Big Oil " ,,,,,,,,,,,,,,,Like Vog today EEL will verify what all those in the know already know , and that is that the swampy delta -ideal for oil to be formed under axionic/ euxinic conditions is their in great abundance ,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,, . The delta is well documented for hydrocarbon. ln 1959 when "deep" drilling was no more than 10,000ft a plethora of wells were found in the shallower waters { economically viable @ $22$ pbdoe . The lower resavoir was too deep as were the labyrinth of isolated columns whose payload is only NOW coming to be understood . . At the time oil was a mere few dollars p/b ; but now it is $68-35c for sweet West texas lntermediate / Brent at $66-30c ; and now is worth a kings ransom with drilling capabilities of almost 5km of drillstring . ( block 32 operated by BP off Angola } . ,,,,,,,,,,Hence the appearance of all the big players; supported by the millitary working under the Carter doctrine that energy must be protected AT ALL COSTS for the restless American market and to challenge it would be construed as an act of virtual war . . Not to mention China and lndia whose insatiable thirst for oil according to my calculations will equal last year no matter what those bafoons at OPEC , various Hedge funds ( who are actually SHORTING oil } and various analyists would have you believe ,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,,, Now with refineries paying nigh on $43.78c p/b and $9- 28 per mmbto- and this is working with refinery capacity bursting at 100% !! as the duplicity of damage caused to gulf states refineries which was played right comes to light , and not forgetting 3 refineries in the USA are due to be closed for maintanance this next month ......From such a vantage point EEl are sitting pretty surrounded by the best infrastructure laid down by Shell , Total ,Tex /Chev / BP and Elf . Best prospects to come at Sao Tome / Principe shelf . And what with the rotary count and shipping capacity rapidly constricting and new relacement floating production vessels not yet ready to be commissioned until 2007/ 8 coupled with an already depleted rotary count makes for a very rosy picture for EEL as LNG projects come onstream . .. EEL have unhedged gas & oil ! A company with little gearing ....with proven C1 reserves , and prospects all over ENG , Nigeria ( off coast and oncoast } and the horn of Africa ! - countries who have wells that yield in excess of100,000bpdoe ; and to whom America looks to increase its current production from 15% to 26% in the next ten years ,,,,,500p without effort ! ,,,,,....@+.......J......................................................................................................... ...

Amities / Roly you still on board ? or to busy spending your Vog profits A red Mark 4 BMW to colour cordinate your red Ferrari huh ? ,,lol ...Best regards @+ J

J,

Yes im still on board and topped up @ 350 & 322. But i sold JKX to soon @ 320 & 350, hoping to find another VOG with ELP,EME & CHP.

Equator Exploration Limited
07 February 2006



Immediate Release 7 February 2006

EQUATOR EXPLORATION LIMITED
CONFIRMS DISCOVERY OF MAJOR GAS & OIL RESERVOIRS:

800 BCF of Gas-in-Place
120 Million Barrels of Oil-in-Place
Oil Development Scheme Initiated
Drilling Continuing into Deeper Targets

LONDON, United Kingdom & LAGOS, Nigeria - 7 February 2006 - Peak Petroleum
Industries Nigeria Ltd. ('Peak') and Equator Exploration Ltd. (AIM: EEL.L)
('Equator') are pleased to provide this update on drilling activities on the
'B-DX1' well located on the OML 122 licence area, offshore Nigeria.

OML 122 is located 25-60 km offshore in water depths of 40-300 metres and covers
an area of 1,295 sq. km on the Western Niger Delta, east of Shell's giant Bonga
Field (estimated 1.4 billion barrels) on OML 118 and southwest of Shell's EA
Field on OML 79. B-DX1 is an exploratory-appraisal well on one of the
discoveries made by Deminex Oil in OML 122 in the 1970's. Their original well
tested an oil zone and encountered several gas zones.

Drilling results to date have confirmed the presence of hydrocarbon bearing
formations in a structurally higher position than in the discovery well. The 7'
liner is now installed with the shoe at 3061 metres BRT and the B-DX1 well is
drilling ahead at 3227 metres BRT. Wireline logging has confirmed predictions
made with reprocessed 3D seismic, with all the formations correlating between
the two wells. In the primary objective, a continuous hydrocarbon column, 455
gross feet in length, has been encountered at 2303 metres below sea level. Of
this, a 200 foot gas interval lies within the main gas sand identified by the
discovery well, confirming it as a major gas reservoir. This gas interval is
augmented by a second zone, 80 feet in length, in a deeper sand and lying above
an oil column, 70 feet in length. With a gravity of 40 degrees API and a low
gas-oil-ratio, the quality of the oil encountered is excellent. In a deeper
objective, which was water-bearing in the discovery well, a continuous gas
column of 265 feet has been encountered and logged at 2632 metres below sea
level.

From 3D seismic and wireline logging data, the total gas-in-place in the sands
encountered so far is preliminarily estimated at 800 billion cubic feet while
the oil-in-place is preliminarily estimated at 120 million barrels. All the
sands encountered in the well have excellent reservoir qualities.

Peak and Equator have commenced engineering work for development of the oil
reservoir by way of an FPSO based production system. Orders for selected
long-lead time equipment items have been placed. Negotiations for available FPSO
vessels have commenced. Subject to further engineering and reservoir evaluation,
it is anticipated that oil production could commence in the first half of 2007.
Equator is funding the cost of two wells in the field to earn a 40% economic
interest in the field area.

Operations on B-DX1 continue with drilling towards the third objective, deeper
potential hydrocarbon bearing sands that were also water-bearing in the
discovery well. After the logging of these zones, three to four selected
intervals will be tested.

The second well in the campaign will immediately follow the B-DX1 well and will
explore a promising, large structure south of B-DX1 well in a water depth of
135 metres. This structure, the Owanare prospect, is covered by 3D seismic data
acquired in 1999 and recently re-processed and interpreted by Peak, Equator and
their technical advisors.

The aim of the initial two wells being drilled by Peak/Equator is to prove-up
significant volumes of gas as potential supply for the numerous gas-utilisation
projects currently underway or in planning stages in Nigeria within close
proximity to OML 122. The secondary objective is to find commercial volumes of
oil and condensate on the block. Additional appraisal and development wells will
follow the drilling of the Owanare prospect.

Commenting on the B-DX1 well, Wade Cherwayko, Chief Executive Officer of
Equator, said:

'Peak and Equator are delighted that the B-DX1 well continues to exceed our
expectations. We have established the potential for a major gas development and,
in the shorter term, for a commercial crude oil development, which could be on
production in early 2007'.

For further information, contact:

Wade Cherwayko, Chief Executive Officer +44 (0)20 7235 2555
Philip Dimmock, Chief Operating Officer +44 (0)20 7235 2555
Bobby Morse/Ben Willey, Buchanan Communications +44 (0)20 7466 5000

Background information:

Equator Exploration Limited

Equator (
www.equatorexploration.com
) engages in the exploration and development
of oil and gas projects in the highly prospective waters of West Africa. Its
objective is to build a diversified portfolio of exploration, appraisal and
production assets in the region. The Company has exploration interests in the
territorial waters of Nigeria and of Sao Tome & Principe as well as in the
Joint Development Zone between the two countries. Equator is also currently
evaluating other exploration opportunities in West Africa.

good news today i think up 5% to start then a pullback,they seem to be saying better than exspected wire line log,or haVe i missed something here.

i have just topped up @351, end of week target 370 bid.