Silvermines Media PLC
01 March 2005


Silvermines Media PLC (the 'Company')
1 March 2005


First Day of Dealings of Enlarged Share Capital on AIM
Acquisition of Zhibek Resources Plc
Change of name from Silvermines Media PLC to Cambrian Oil & Gas Plc

Silvermines Media PLC (AIM: SLV), to be re-named Cambrian Oil & Gas Plc (AIM:
COIL), a company admitted to trading on AIM on 15 July 2004 to seek acquisition
and investment opportunities, is pleased to announce its first day of dealings
on AIM today following its acquisition of Zhibek Resources Plc ('Zhibek').

The Company announced on 4 February 2005 that it had conditionally agreed to
acquire the entire issued share capital of Zhibek (including all outstanding
convertible securities) in consideration for the issue of 40,000,000
Consideration Shares and 13,333,333 Warrants. As of 26 January 2005 (being the
date on which Ordinary Shares were suspended from trading on AIM) the closing
mid-market price of an Ordinary Share was 7.5p, valuing Zhibek at approximately
3 million and Silvermines at approximately 1.7 million.

The Company has also raised 1.95 million, net of expenses, by way of a Placing
of 45,000,000 Placing Shares, undertaken in order to provide working capital for
the Enlarged Group.

Dealings in the Enlarged Share Capital consisting of 23,115,000 existing
Ordinary Shares, 45,000,000 Placing Shares and 40,000,000 Consideration Shares
commence on AIM today.

Commenting on the successful completion of the Acquisition and Placing, John
Byrne, the Company's Non-Executive Chairman, said:

'The formation of COIL now enables Zhibek to develop its strategy of oil and gas
exploration, development and production, both internationally and particularly
in the Kyrgyz Republic. It is a very exciting time for us as we continue the
development of the initial two projects - Beshkent Togap and Tash Kumyr - and
look forward to reporting our progress in the near future.'

Full details of the Proposals were set out in the Admission Document to
shareholders dated 4 February 2005. The definitions in the Admission Document
also apply to this announcement.

For further information please contact:

Cambrian Oil & Gas Plc
Neale Taylor, Chief Executive 0207 493 7671
Paul Mc Groary, Non-Executive Director 07930568160
(former Chief Executive, Silvermines Media PLC)

W.H. Ireland
Tim Cofman 0121 6162101

Parkgreen Communications
Justine Howarth/Victoria Thomas 02074933713


This information is provided by RNS
The company news service from the London Stock Exchange

**************************************************
Silvermines Media PLC
28 February 2005



Silvermines Media PLC

28 February 2005



Result of Extraordinary Meeting



Silvermines Media PLC (AIM: SLV), a company admitted to trading on AIM on 15
July 2004 to seek acquisition and investment opportunities, is pleased to
announce that all of the resolutions put before the Extraordinary General
Meeting today were duly passed.



Accordingly, the 45,000,000 Placing Shares and 40,000,000 Consideration Shares
have been conditionally allotted subject to Admission, which is expected to
occur at 8.00am on 1 March 2005 and the Company's change of name to Cambrian Oil
& Gas Plc will become effective at that time.



Upon Admission, the members of the Concert Party will own approximately 45.8 per
cent. of the Company's issued ordinary share capital (assuming members of the
Concert Party do not exercise any Warrants or Options). If all such Warrants and
Options were exercised the members of the Concert Party could be interested in
up to 53.8 per cent. of the further enlarged share capital of the Company.



Full details of the Proposals were set out in the Admission Document to
shareholders dated 4 February 2005. The definitions in the Admission Document
also apply to this announcement.



For further information please contact:


Cambrian Oil & Gas Plc
Neale Taylor 0207 493 7671
Paul Mc Groary, Non-Executive Director (former Chief Executive of Silvermines 07930 568 160
Media PLC)

W.H. Ireland
Tim Cofman 0121 616 2101

Parkgreen Communications
Justine Howarth/Victoria Thomas 0207 493 3713




This information is provided by RNS
The company news service from the London Stock Exchange
***************************************************
Silvermines Media PLC
01 March 2005


Silvermines Media PLC (the 'Company')
1 March 2005


Directorate Changes


Further to the announcement regarding first day dealings in the Company's
Enlarged Share Capital on AIM today, the Board of Silvermines Media PLC (AIM:
SLV), to be re-named Cambrian Oil & Gas Plc (AIM: COIL), announces the following
directorate changes.


Smit Berry and Haresh Kanabar have resigned from the Board as Non-Executive
Chairman and Executive director respectively, with immediate effect, to focus on
their other business activities. Paul Mc Groary will step down as Chief
Executive to become a Non-Executive Director of the Company.


In addition, the Board of the Company is delighted to appoint John Byrne, aged
55 as Non-Executive Chairman, Neale Taylor, aged 62 as Chief Executive, Jurgen
Hendrich, aged 43 and lan Ennis, aged 63 as Executive Directors, and Jonathan
Malins, aged 57 as Non-Executive Director, all with immediate effect. The newly
appointed directors are all directors of Zhibek Resources Plc.


For further information please contact:

Cambrian Oil & Gas Plc
Neale Taylor, Chief Executive 0207 493 7671
Paul Mc Groary, Non-Executive Director (former
Chief Executive 07930 568 160
of Silvermines Media PLC

W.H. Ireland
Tim Cofman 0121 616 2101

Parkgreen Communications
Justine Howarth/Victoria Thomas 0207 493 3713




This information is provided by RNS
The company news service from the London Stock Exchange

Rodspotty
That's for sure, the way is up in my view, many investors thought, it is risky but it does not need to be risky, just because there is a risk but the control of the risk is important. I like the parent company CAMBRIA mining which provides excellent cover for Coil. i am happy to be in at this very early stage. Got in at 3p then at 5p. should have bought more at 3p but Coil will grow, and there is no questions about it.

Rodspotty if you were at the EGM can you say how much (or percentge of the market cap) and when the capital is to be increased since this will have dilution effect on the shares, which could then be a good time to buy or increase.

rpaco - I was not able to go to the AGM, but a friend was there. Naturally the directors were not able to say when the share capital will be increased, but it is obvious that it will be in the near future. Where this investment will be is anybodies guess, however here are 3 interesting scenarios to ponder, now that the COIL management have another 400m shares to place, though I very much doubt all will be used in the near future.

1. Methanol Australia.

From the recent ''A'' in which COIL said it had taken a 12.6% stake in Methanol Australia, the last para says...

''Methanol Australia also announced that it is planning a further fundraising
in which its shareholders will be entitled to purchase new ordinary shares on
the basis of one new shares for every four held at 22.5 cents each to raise
proceeds of 8.7 mln aud. COIL said it intends to underwrite 50 pct of this
fundraising.''

Assuming that the MEO shareholders do not take up more than 50% of the offer, the market price being below the placing price, then I deduce COIL having underwritten 50% of the MEO placing, will by way of another placing of its own, end up with approx another 12.4% of MEO taking their stake to 25%.

2. ELKO Energy

If ELKO were to float then COIL may up its stake by taking a slice of the placing, or if ELKO decided not to float, COIL could up its stake anyway.

3. Kyrgyzneftegaz

How about COIL taking a stake in the countries main oil refining firm.

...........................................................

One thing is for certain there are going to be a lot of shares in issue soon.

Rodders

There are 159m approx shares in issue, obviously the placing of another 400m would seriously dilute the SP. Thus I will hang on until the price has gone down very much further before investing.

Worth a read - Investor Presentation - Methanol Australia - 15th September 2006 - link below:

http://www.asx.com.au/asxpdf/20060915/pdf/3yhtp6gsn8828.pdf

Rodders

Activities
Previously Silvermines plc. The share capital of Silvermines was admitted to trading on AIM on 15 July 2004. At this time the Directors stated that the Directors intended to seek acquisition and investment opportunities in the media, advertising and marketing sectors. However, whilst the Directors believed that there were a number of opportunities for such investment, the strengthening in the advertising sector has, in the opinion of the Directors, caused an increase in price expectations such that the Directors have been unable to find investments of the appropriate quality at a price which the Board was prepared to sanction. Accordingly, the Directors have looked at other business sectors for opportunities which they consider capable of providing an appropriate return on investment. Under the Proposals the Company will enter the field of investment in oil and gas exploration and development, through the acquisition of Zhibek Resources plc, the existing business of which will be continued and developed. This will bring with it not only the oil and gas exploration and production interests from Zhibek but also a continuing relationship with Cambrian Mining plc, which on implementation of the Proposals, will have an interest in 27 per cent. of the Enlarged Share Capital and which has agreed to offer all of its potential future opportunities in oil and gas interests to the Company in the first instance. Zhibek was formed as a joint venture between Action and Cambrian in February 2004, for the purpose of conducting oil exploration, development and production activities in Central Asia and FSU countries. Since its formation, Zhibek has acquired a number of oil production and exploration interests in the Kyrgyz Republic from Action and Cambrian has provided initial funding to Zhibek as seed capital for which it has been issued ordinary shares and warrants in Zhibek

MEO on the up, COIL have a 25% stake @22.5 cents and 40m April/07 options @25 cents.

Code Last % Chg Bid Offer Open High Low Vol
MEO 0.270 8% 0.275 0.290 0.265 0.275 0.260 1,491,776

Rodders

Methanol Australia 9 ( COIL 25% ), closing price today.

Code Last % Chg Bid Offer Open High Low Vol
MEO 0.270 -3.57% 0.270 0.280 0.280 0.285 0.270 646,142

3D Seismic Acquisition over Epenarra Prospect, progressing well and ahead of schedule, data being processed onboard.

http://www.asx.com.au/asxpdf/20061011/pdf/3yxvvl1zbjkgf.pdf

Rig secured to drill up to three wells in NT/P68, in August 2007, new jack up rig being built in Singapore.

http://www.asx.com.au/asxpdf/20061011/pdf/3yy106kkb9x9r.pdf

DYOR

Rodders

rodspo
thanks for the post

COIL ups stake in Elko Energy to 29%....

http://moneyam.uk-wire.com/cgi-bin/articles/200610120700283425K.html

Rodders

Cambrian Oil buys Elko warrants from Cambrian Mining; to raise 4.55 mln stg

LONDON (AFX) - Cambrian Oil & Gas PLC said it has bought 15 mln special
warrants of exploration company Elko Energy INC from Cambrian Mining PLC for 1.5
mln stg, taking its stake in Elko to 29 pct.
Each warrant converts into 1 common Elko share.
Cambrian Oil also said it plans to raise 4.55 mln stg from the placing of up
to 151.8 mln new shares at 3 pence each.
As part of the placing, Cambrian Mining plans to subscribe for 53 mln new
shares to take its stake in Cambrian Oil to 17.20 pct.
Xtract Energy PLC, in which Cambrian Mining has a 54 pct stake, plans to
subscribe for 65 mln shares to raise its stake in Cambrian Oil to 35.37 pct from
the current 28.21 pct.
newsdesk@afxnews.com
tfn-ban-faj/lam


Rodders

Building a very nice rounded portfolio....

www.oilbarrel.com

16.10.2006
Cambrian Oil & Gas Ups Its Holding In Elko Energy, Increasing Its Exposure To Projects In Denmark, Tunisia And China
AIM-quoted Cambrian Oil and Gas plc has upped its holding in Elko Energy, a private Canadian company which is on the fundraising trail to develop its portfolio of international assets. Cambrian has bought 15 million special warrants of Elko from Cambrian Mining for 1.5 million. This takes its holding in Elko to 29 per cent.

Its an interesting addition to Cambrians increasingly diverse portfolio. The company holds exploration and production properties in the Kyrgyz Republic and also a 25 per cent interest in ASX-listed Methanol Australia Ltd, which hopes to build large scale methanol and LNG plans in the gas-rich Tassie Shoal area to the northwest of Darwin.

Elko, a private Canadian company that came into being 18 months ago and is now gearing up for an IPO, adds further diversity to the Cambrian asset base. The company has cash in hand of C$4 million but is looking to raise C$20 million (9.5 million) to fund projects in Denmark, Holland, Tunisia and, through its 39.1 per cent interest in Dragon Energy, in China and Ukraine.

The start-up is targeting a mix of exploration, production and near-term development projects. On the exploration front, Elko is the largest licence holder in the Danish North Sea with an 80 per cent interest in a 5,370 sq km licence, which lies to the east of the prolific Central Graben and appears to hold five large structures. It is partnered here by the Danish state, with a 20 per cent working interest.

Having conducted preliminary technical studies, Elko is now seeking farm-in partners to help share the costs of seismic and drilling work. Of its hoped-for C$20 million fundraising, it plans to spend around C$2 million on a seismic shoot over the Danish licence.

Almost half of that C$20 million will target the development of two oilfields offshore Tunisia. Elko has signed a letter of intent with Cadax Petroleum to buy the Yasmin and Cosmos fields for C$5 million in a deal that will bring proven reserves, near-term production potential and exploration upside.

Eight wells were drilled on Cosmos between 1980 and 1985, resulting in proven reserves of 40 million barrels. Elko estimates a recovery rate of 20-30 per cent with the use of water injection and pumping. Four wells were drilled on Yasmin between 1975 and 1982, finding 25 million barrels of oil. The potential upside adds up to 140 million barrels in Cosmos and 50 million in Yasmin and the fields could be onstream in 2008.

But theres a closer source of production in the portfolio. Elko has spent C$2.3 million buying a 42.5 per cent interest in Dragon Energy Inc, a private company with owns 60 per cent of the Maling oilfield redevelopment project in Chinas Gansu Province.

Maling covers 800 sq km and in 2001 was producing around 18,000 barrels per day. The field was then shut in but is reckoned to hold remaining recoverable reserves of 75 million barrels of remaining recoverable oil. Maling is home to 600 shut-in wells, with ten to twelve sands per well of which only one zone has been produced. Dragon, which is also on the IPO trail, plans to start re-entering the existing wells later this year, with each well expected to deliver around 150 bpd. The company expects to get output back up to 10,000 bpd within three years with the potential to get to 20,000 bpd within five years.

Dragon is also eying the purchase of an 18 per cent interest in five producing gas fields and one oilfield in Ukraine. The deal, if successfully concluded, would give Dragon access to net reserves of between 12 and 20 million barrels of oil equivalent and net production of 350 barrels of oil equivalent per day.

Elko is also hoping to add to its project pipeline on its own account. It is pursuing a possible new venture in Holland and expects to spend around C$5 million on farm-in opportunities to build its portfolio. These include opportunities in the Baltic region, north-west Europe, North Africa and the Middle East.

Rodders

MEO share price holding up well above 30 cents, COIL's stake is 25% bought at 22.5 cents, COIL has a further 20m+ options at 25 cents.

Prices are delayed by at least 20 minutes. Retrieving any price indicates your acceptance of the Conditions.

Code Last % Chg Bid Offer Open High Low Vol
MEO 0.335 -1.47% 0.335 0.340 0.340 0.340 0.330 697,500


Rodders

RNS Number:8137K
Cambrian Oil & Gas PLC
20 October 2006

Cambrian Oil and Gas plc

Placing of new Ordinary Shares

20 October 2006




The Directors of Cambrian Oil and Gas plc ("COIL" or the "Company") are pleased
to announce that, further to the announcement of 12 October 2006, it has placed
151,766,662 new ordinary shares of 1 pence each (the "Placing Shares") at 3
pence per ordinary share through its broker W.H. Ireland Limited, raising #4.55
million gross of expenses (the "Placing"). Application has been made to London
Stock Exchange plc for the Placing Shares to admit to trading on AIM on 23
October 2006.



The Placing Shares are to be issued together with one warrant for each Placing
Share subscribed, each warrant entitling the holder to subscribe for one
ordinary share in the Company at 3 pence per ordinary share (the "Warrants").
Each Warrant granted shall be exercisable in whole or in part at any time up to
12 months from the date of admission of the Placing Shares to trading on AIM
becoming effective in accordance with the AIM Rules. The Warrants will not be
admitted to trading on AIM. Following the completion of the Placing there will
be 309,993,821 Ordinary Shares in the Company in issue and trading on AIM.



As was announced on 12 October 2006, Xtract Energy PLC ("Xtract") is a related
party under the AIM Rules. As part of the Placing, Xtract subscribed for
65,000,000 new ordinary shares, giving it an aggregate holding of 35.37 per
cent. of the Company on completion of the Placing. This subscription by Xtract
represents, under the AIM Rules, a related party transaction. The Directors of
the Company consider, having consulted with its nominated adviser, that the
terms of the subscription are fair and reasonable insofar as its shareholders
are concerned.



As was announced on 12 October 2006, the subscription by Cambrian Mining PLC ("
Cambrian") for 53,333,333 new ordinary shares in the Placing, resulting in a
total interest in the Company of 17.20 per cent on completion of the Placing
represents, under the AIM Rules, a related party transaction. The Directors of
the Company, other than John Byrne (who is a director of Cambrian), consider,
having consulted with its nominated adviser, that the terms of the subscription
are fair and reasonable insofar as its shareholders are concerned.



Enquiries:


Cambrian Oil and Gas plc Neale Taylor, CEO +44 (0) 20 7409 0890
Paul McGroary, Director +44 (0) 79 3056 8160

W.H Ireland Limited Paul Dudley/Peter Jackson +44 (0) 20 7220 1666




This information is provided by RNS
The company news service from the London Stock Exchange
END

The link below is a reply to a query by the ASX to the recent their recent share price rise...

http://www.asx.com.au/asx/statistics/showAnnouncementPDF.do?idsID=00663758

not surprisingly the share price has shot up another 20% on this announcement, which is one of the most bullish I have seen in recent years.

The share price of MEO as I write is 50 cents AU, which values COIL's stake at approximately 14m, given that COIL's market cap is only 10m, their share price is well undervalued, just on this stake alone. DYOR

Rodders

Tipped over here in the Investers Chronicle las Friday....

27 October 2006

CAMBRIAN OIL & GAS (COIL)


Cambrian Oil and Gas (COIL) has just raised around 4m via a placing at 3p. And although the company is increasing staff numbers in the Kyrgyz Republic to 14 and has just appointed a new ex-pat production engineer there, the Kyrgyz oil interests may soon be dwarfed by new ventures. COIL says its objective was always to diversify, but it took time to find the right deals.

One deal that will use 1.5m of the new money is the acquisition of a 29 per cent stake in a private Canadian company, Elko. It has an 80 per cent stake in a 5,400 sq km exploration and production licence in the Danish North Sea sector as well as other interests, notably in Tunisia. COIL has also acquired an 18 per cent stake in Australia-listed Methanol Australia (MA) and that's where the rest of the money went. MA has secured government environmental approval to build and run two offshore liquid natural gas plants, which convert natural gas to methanol for use in producing fuel additives. The plants will be in shallow water in the Timor Sea, nearly 300km north-west of Darwin.

Crucially, MA may have its own 100-per-cent-owned gas supply on exploration acreage there. A well drilled in 1972 encountered a 50m gas-bearing fractured carbonate interval and MA will drill two test wells in about a year's time. COIL secured its stake in MA to give it a funding alternative to offers of farm-in deals from oil and gas majors.

Ironically, the new investments come at a time when COIL is starting to obtain cash flow from the sale of Kyrgyz oil. Water-injection techniques are increasing oil flow to 70 barrels a day from one well at Beshkent-Togap in the south-west of the country. The target is production of 2,000 barrels a day from 40 wells in 12 months' time.



--------------------------------------------------------------------------------
Ord price: 3.375p Market value: 5.34m
Touch: 3-3.75p 12-month High: 6.25p Low: 2.75p
Dividend yield: nil PE ratio: na
Net asset value: 2.3p Net cash: 961,000

3 very +ve 'A''s today on MEO (COIL 25% + 42m Apr.07 options@25 centsAU)
Closing price today on MEO 48 centsAU bid.

http://www.asx.com.au/asx/statistics/showAnnouncementPDF.do?idsID=00664372

http://www.asx.com.au/asxpdf/20061102/pdf/3zd7lhvy6p39b.pdf

http://www.asx.com.au/asxpdf/20061102/pdf/3zd7mxmmr3stp.pdf

Rodders

Here is a very interesting reference to the majors knocking on the door, taken from this link...

http://www.asx.com.au/asxpdf/20061101/pdf/3zc8zwjcrvbvz.pdf

'' The company is presently conducting confidential discussions with a number of substantial international corporations in regard to the possible participation in various aspects of the companies projects.This interest is unsolicited and at this stage, the company remains committed to evaluating the potential of NT/P68 at its 100% interest.''

Note the word unsolicited, they are eager for a slice of the action in NT/P68. I think they will keep their 100% interest in the possible 6tcf of Gas, but will negotiate with the highest bidder for the possible 650m barrels of condensate (light sweet crude).Its just a question of how much that is worth in the ground???? IMO an interesting couple of months coming up. DYOR

Rodders

On the move now 3.5/4.5, best bid 100K @3.7p v offer 100K @4.1p. DYOR

Rodders

Cambrian Oil & Gas PLC
10 November 2006

10th November 2006 AIM: COIL


Cambrian Oil & Gas Plc
('COIL' or 'the Company')

Update re Methanol Australia Limited

Cambrian Oil and Gas Plc (AIM : COIL) wishes to inform shareholders of the
following highlights extracted from recent announcements made by Methanol
Australia Limited ('MEO') on the ASX, of which COIL owns approximately 25% of
the issued capital.

MEO's key objective is to become a leading producer of liquefied natural gas
(LNG) and methanol from its proposed gas-to-liquid projects on the Tassie Shoal,
located in Australian waters some 275km north west of Darwin.

Acquisition of 3D seismic data over Epenarra structure within MEO
wholly owned Exploration Permit NT/P68 in the Timor Sea to determine optimum
location for appraisal well

74% of 2D seismic data acquired over the Blackwood structure within
Exploration Permit NT/P68 to assist in confirming location of Blackwood-1
exploration well

MEO intends to drill up to three wells in 2007 with newly acquired
jack-up rig

MEO announced on 31 October 2006 the successful completion of the acquisition of
new 3D seismic data over Epenarra, located in MEO's 100% owned Exploration
Permit NT/P68 in the Timor Sea. The Epenarra structure is a broad, low relief
anticline at the Darwin formation level with mapped closure of approximately
1,200 square kilometers, located entirely within Australian waters. The 3D
seismic data has been acquired to confirm distribution and orientation of faults
and fracturing within the 50m gas bearing fractured carbonate zone of the
Epenarra structure intersected by the Heron-1 well, drilled by ARO in 1972. This
data will be used to determine the optimum location for the Heron-2 appraisal
well.

MEO recently announced that approximately 74% of the data for the 600 line km 2D
seismic survey over the Blackwood structure in Exploration Permit NT/P68, had
been acquired and remained on schedule. The new 2D infill data will be combined
with the extensive 1996 and 1997 2D grid already over the permit and will
improve the structural mapping of Blackwood. MEO expects the new data to confirm
the final location of the Blackwood-1 exploration well.

MEO intends drilling up to three wells (Heron-2, Blackwood-1 and potentially
Heron-3) in the Permit area next year and has secured a new jack-up rig to
undertake the drilling. The rig is expected to arrive on location in August
2007.

Chris Hart, the Managing Director of MEO, stated that a just released study on
the Epenarra prospect revealed a strong possibility of high levels of associated
gas liquids (LPG and condensate) within the gas bearing structure. This means
potential for significant commercial quantities of liquids.

For full details of the announcements of MEO, please see the Australian Stock
Exchange website:
www.asx.com.au
(ASX: MEO) or MEO's website:

www.methanol.com.au



For further information, please contact:

Neale Taylor Victoria Thomas
Cambrian Oil & Gas plc Parkgreen Communications
Tel: +44 (0)20 7409 0890 Tel: +44 (0)20 7493 3713

Peter Jackson/ Paul Dudley
W.H. Ireland Limited
Tel: +44 (0) 20 7220 1666