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.

http://investing.reuters.co.uk/stocks/recommendations.aspx?symbol=een.l

sorry link not working here but it is on een advfn

Anyone know if there was any press coverage over the weekend?

Who is holding at the moment?

Cheers

July and August should see several significant announcements from EEN, which should be positive for its shareprice.


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.