Another newcomer to the main market...anybody any idea what the production figures are ?

Broker target (based, I assume, on HOIL data) was "the pre-drill estimate of 1.15-2.94bn barrels of recoverable oil." The actual HOIL estimate has come in at 53-75 MMbbls of oil.

Still.....massive amount of gas.....drop overdone....

Gas doesn't have the same effect on sp as an oil find.

No....but...more discoveries to come......drop overdone....same with CEY....time to buy....

This doesn't make sense but I just bought in at 349p.

The fall is terrifying... 341p now.

ive just bought some at ..... 3.42 am i a clown?.

now 327p

now 315p

we're all doomed ..

bad investment today

.

Sold much earlier on......could sense it slipping....only lost a small amount....in the nick of time it seems...the worst thing is that tomorrow morning : further drops are possible....

or a bounce back to reality....

Way overdone...that's why I bought some earlier but it started to slip...and the drop now looks crazy but it's happening....the odd thing is that Sterling Energy might discover a large reservoir of gas or such and the sp would then rocket....

gas = hot air! remember VOG.

VOG did not discover...just said there was something big there...might still be....one to watch with production in Cameroon coming....Heritage will rebound but when...god knows ?....Sterling Energy might come right...I'm stuck in there....I hope that commodities turn around...oil is up as we speak half a dollar for WTI but Brent is up a full two dollars...weird....

irlee57

You may be but we wont laugh.

The Investors Room seems to bb turning into a 'let's catch a falling knife club!'

Comments like 'it's time to buy / fallen too far' etc, etc are usually proven wrong. I would suggest those of you who believe that it can't go any further up or down should try paper trading FX pairs for a month or so, only then will you really understand the concept of it can't fall any further or rise anymore - accompanied by squeals of it's so over-bought or over-sold.

It might stop you losing a few fingers in the future!

well this is another to add to good rns - sp tanks list - the only question is when is the next news due here? if recent form of others to go by in recent days this will drop some more tomorrow against all logic - logic says it should bounce so it probably wont!!! what a week

gas?!
gla