Big Al

Looking forward to it.

Price of Brent is up and ascending again so I expect these to go up tomorrow.

Seems to be the key, and the same goes for PLR.

Intersting stuff this Oil & Gas.

Risky but big profits.

sw

I've traded oil and gas for quite a few years. They say you should never get involved in the business you work in, but there are such rich rewards. Unlike a lot of sectors, once oil and gas gets up a head of steam it is a lot less "finniky" than other sectors. Moves are strong and fairly predictable. I suppose at the end of the day, black gold still rules our world and the main events of the past couple of years have been purely focussed upon it.

I currentlythink JKX could come comfortably back to around 105p and still be a very good buy on a pullback. There was a 2 month consolidation period before so there's no rush. I'll see where it settles and makes a range.

Al

Thanks for that Big Al.

I have seen in before with JKX backwards and forwards, and yes they are predictable.

I am particularly interested in the Mauritania finds and BG involvement more latterly.

They bought in from PMO back end of last year and everyone was surprised.

I see a deal occuring there as and when, which is why I have Sterling and in and out of HNR.

Great land of opportunity but without the risks posed in Arabia and Russia.

That is why these companies are falling over themselves to get a foot in the door.

I am excited about the prospects there and read up avidly anything that comes out.

Right time to shut down, good luck for tomorrow, speak then.