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

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.

Amities Roly . ,,,Slt ! Solid RNS giving us clarification of the relavent facts so topped up myself today. ..Talking to a Shell petro geolist who spoke of the greater potential/minimal fiscal outlay of the second well at Owenare. And the beauty of it ?? The hydrocarbon column is believed to lie at a depth of a mere 135 metres !!! Thats no more than a few weeks drilling !!! With drilling offcoast rates at approx 100k per day thats important . Unlike Well No. BDX1 which has thus far exceeded 3000 metres; and will go deeper still as their is believed to be yet another petro system in place Owanware is a different prospect .... So news now will be both quick, and after observing MMs attitude towards EEL the s/p will rise even quicker ..Yesterday we merely saw a few profit takers take a little froth of the price . That was all. No-one likes to predict a companies future m/c or s/p. But after looking at the fundementals of a number of its peers EEL is well deserving of 400p + based on current levels . A similar strike @ Owanare: and then we are in j/v with big oil @ sao Tome and Principe ...ad a new Cairns is born !...,Bonne chance / a'bientot ...@+ J

Amities Roly ,,With my trading hat on if we can convincingly break through 350p very quickly i think we gain the momentum to exceed 380 tommorrow. ....The volatility is tremendous .lts like the hi tec boom days ..lol But safer ! .......Juste have this strange feeeling mms want a 310/350 price parameter , l hope i am wrong ,,,,,,@+ J

310 / 350 will be alright if you won't to trade these while waiting for 400+

Of the fact that EEL will reach 400p before April i have no doubts .lndependant assayers quite openly clarify the the oil sands @ BD X1 were of the very highest quality . 36.9% API .....Owanare will take very little time to mine with prospect at a mere 135m as ooposed to 3000m+ at BD X1 .....I am accumulating where i can @ 330- .......lf Owanware comes good. you wont see 400p again let alone 330 .....l think most of our current designs are on offshore FPV s but have you any opinion on the Niger Delta troubles ...Natives are breaking the pipes and re-directing the oil and the army have moved in big time . @+ J

Equator Exploration Limited
20 February 2006


For Immediate Release 20 February 2006

EQUATOR EXPLORATION LIMITED
US$250 Million Private Placement of Common Shares

LONDON, United Kingdom - 20 February 2006, Equator Exploration Ltd. (AIM: EEL.L)
('Equator') is pleased to announce that it has placed 41,050,900 new common
shares with institutional investors at a price per share of 350p (US$6.09) for
total proceeds of 143.7 million (US$250 million). The shares being issued will
be admitted to the London AIM exchange on or about 23 February 2006. Following
their issuance, the Company will have 174,878,090 million shares issued and
outstanding.

Commenting on the private placement of shares, Wade Cherwayko, Chief Executive
Officer of Equator said, 'We are pleased with the continuing support of our
existing shareholders and new investors. The funds raised will support the
company's aggressive exploration, appraisal and development drilling program for
2006 as well as the possible acquisition of additional exploration acreage.'

Equator Exploration Limited
01 March 2006


Immediate Release 1 March 2006


EQUATOR EXPLORATION LIMITED

TOTAL DEPTH REACHED ON B-DX1 WELL

Additional gas reservoir encountered
Flow testing programme to begin
Engineering for Oil Development continues
Drilling of large Owanare prospect (+3 TCF potential) to commence in March


LONDON, United Kingdom & LAGOS, Nigeria - 1 March 2006 - Peak Petroleum
Industries Nigeria Ltd. ('Peak') and Equator Exploration Ltd. (AIM: EEL.L)
('Equator') are pleased to announce that the 'B-DX1' well, located on the OML
122 licence area, offshore Nigeria, has reached total depth.


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 the giant Bonga
Field (estimated 1.4 billion barrels) on OML 212 and southwest of EA Field on
OML 79. B-DX1 is an exploratory-appraisal well on one of the discoveries made in
OML 122 in the 1970's.


The B-DX1 well has reached total depth at 3545 metres (BRT). High pressure gas
has been encountered in an additional and deeper zone than those previously
penetrated and announced. Influx of gas has prevented the logging of this zone.
As the well was not designed to cope with the high pressures (i.e. > 8000 psi,)
this deeper zone has been plugged without testing. However, it has been shown
that hydrocarbons do exist in the deeper horizons. The zone will be fully
evaluated in a later well, specifically designed to handle the high pressures.


From 3D seismic and wireline logging data, the independent technical advisers of
Peak and Equator estimate the total gas-in-place in the sands evaluated as 900
billion cubic feet. With the addition of the high pressure gas zone, it is
anticipated that gas-in-place in the discovery will reach the Peak/Equator Joint
Operating Team target of 1 TCF. Subject to further drilling, the oil-in-place is
preliminarily estimated at 130 million barrels. All the reservoir sands and the
crude oil, with a gravity of 40 degrees API, exhibit excellent qualities.
Operations continue on the B-DX1 well with extensive production flow testing of
the oil rim and of the main gas reservoir.


Peak and Equator continue engineering work on a scheme for developing the oil
reservoir based on sub-sea horizontal wells and a floating processing, storage
and offtake system (FPSO). Orders for long-lead time equipment are being placed
and negotiations for a suitable FPSO continue. Subject to further engineering,
reservoir evaluation and drilling, 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.


The second well in the OML 122 drilling campaign will immediately follow the
B-DX1 well in mid-March and will explore a promising, large structure south of
B-DX1 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. It is a large
structure with the potential for 3+ TCF of gas-in-place.


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 look forward to the testing of the gas and oil reservoirs that
have been established by the B-DX1 appraisal well. Our target figure for gas
reserves has been achieved and good progress is being made for a commercial
crude oil development, which could be on production in early 2007. We look
forward to the spudding our second well on Block OML 122 in mid-March to test
the very large (+3 TCF) Owanare exploration prospect.'