HUGE PROSPECT ON D1 OILS

D1 was originally established in 2002 to focus on the development of a portable refinery technology to produce biodiesel for the UK transport industry. During this period, it was concluded that the high cost of rape seed oil, the main feedstock for biodiesel production in Europe, renders its use commercially unattractive. As a result, D1 explored the economics, suitability and yields of a variety of specific energy crops. During 2003, jatropha curcas was identified as its feedstock of choice and the focus turned to securing output from jatropha plantations.

Jatropha was selected as D1's primary energy crop due to it's high productivity, durability and longevity. Jatropha trees can be grown on marginalised land and are durable to the elements. Furthermore, jatropha can grow in areas of minimal rainfall, although it grows better in areas of higher annual rainfall. Jatropha trees produce nuts, which contain oil, for an average of thirty years and generally have their first harvest within two years of planting. Biodiesel refined from jatropha oil complies with EN 14214, the current European standard for biodiesel. Biodiesel meeting EN 14121 specification is an approved blend when mixed with petroleum diesel.

D1 is now commercialising its D1 20 refinery able to produce eight million litres of biodiesel per annum and will utilise jatropha oil as its main feedstock. D1 believes it can maintain low production costs and produce consistent, high volume quality output through sourcing existing feedstock supplies, cultivating new yields of jatropha on existing plantations and setting up D1 20 refineries regionally. D1 is working with highly regarded agronomy and biotechnology research and development facilities in India and South East Asia and is participating in the establishment of nurseries in a variety of locations in the Asia Pacific region. These nurseries will test imported jatropha seeds against indigenous varieties to determine which will grow best under a region's climatic conditions. In addition, D1 has recently acquired the rights to a proprietary growing media which targets the specific nutritional requirements of jatropha.

The global market demand for biodiesel is growing. International energy and environmental policies have helped to create a demand for biodiesel which is estimated to reach at least 10.5 billion litres by 2010 in the European Union alone. Based on current capacity, feedstock availability and positioning in the market, the global production of biodiesel is expected to reach approximately
3 billion litres by 2010, less than one third of the projected demand in the European Union.

D1 Oils aims to become a global, sustainable, low cost producer of biodiesel and supplier of crude vegetable oil used in the production of biodiesel. To reach this objective, D1 will manage its operations regionally, securing plantation rights and establishing refinery operations in each region, thus controlling aspects of the supply chain from seed selection through to the sale of biodiesel to end customers.

To this end, D1 has established four regional operations:
UK (Teesside and London) South Africa (Johannesburg) Asia Pacific (Manila, the Philippines) and India (New Delhi).

I disagree - If the S.P. has hit the floor which IMO it has then the potential upside is huge, if and when the anouncements come then the S.P. should accelerate to 200 +, we know how quickly D1 can move - In either direction!

Looks like Merill are thinking the same;

29 JANUARY 2007

SCHEDULE 10

NOTIFICATION OF MAJOR INTERESTS IN SHARES

1) Name of company

D1 OILS PLC

2) Name of shareholder having a major interest

MERRILL LYNCH INTERNATIONAL INVESTMENT FUNDS (BLACKROCK)

3) Please state whether notification indicates that it is in respect of holding
of the shareholder named in 2 above or in respect of a non-beneficial interest
or in the case of an individual holder if it is a holding of that person's
spouse or children under the age of 18

SHAREHOLDER IN 2) ABOVE

4) Name of the registered holder(s) and, if more than one holder, the number of
shares held by each of them

MERRILL LYNCH INTERNATIONAL INVESTMENT FUNDS

5) Number of shares/amount of stock acquired

370,000

6) Percentage of issued class

N/A

7) Number of shares/amount of stock disposed

N/A

8) Percentage of issued class

N/A

9) Class of security

ORDINARY SHARES OF 1 PENCE EACH

10) Date of transaction

NOT DISCLOSED

11) Date company informed

26 JANUARY 2007

12) Total holding following this notification

5,039,518 SHARES

13) Total percentage holding of issued class following this notification

8.19%

14) Any additional information

15) Name of contact and telephone number for queries

Richard Gudgeon, Group Finance Director and Company Secretary,

01642 755580

16) Name and signature of authorised company official responsible for making
this notification

Richard Gudgeon, Group Finance Director and Company Secretary


END

Cynic its turned the corner

beg to differ ..... sp has still not touched let alone broken through 25 dma and trend is still down



red = 25 dma
grenn = 50 dma

By the end of the week the S.P. will pass through the 25 dma - although I don;t give much weight to graphs.

GDP .... rightly or wrongly, charts tend to self-fulfill, undoubtedly because so many follow them .... that does not mean to say that they are gospel and never fail to meet their indications

thats a good point but doesnt the Merril Purchase signal something to you - that people with far more info and expertise than us think D1 is excellent value at this level.
I do not discount graphs, i think they can be used as a part of an investment appraisal but for me they make up a small part of that appraisal.

Merrill purchase of 370,000 shares is no big deal for them.

it's a chunky holding, and Merrill may well consider the shares good value, but that does not necessarily mean they have got it right ...... in my experience, most fund managers don't!

Hyleo - Its a considerable purchase in relation to D1, maybe not Merril, but thats who matters. The gesture/Implication is also as important as the quanity Imo

I think that's the best possbile news that could have come out of D1.

D1 Oils Plc
01 February 2007

Press Release


D1 Oils Q4 2006 Business Update


1 February, 2007


D1 Oils plc (D1), the UK-based global producer of biodiesel, today announces its
quarterly business update for the fourth quarter ended 31 December 2006.


Agronomy

Up to 31 December 2006, D1 has planted or obtained the rights to offtake from

a total of over 124,000 hectares of jatropha worldwide. This represents an
increase of 10,000 hectares on the total of 114,000 hectares as at 30 September
2006.


In Southern Africa, we were pleased with the increase in jatropha planting by
communities in Zambia under oil and seed supply agreements. In South East Asia,
where we have experienced rapid increases in planting over previous quarters, we
have concentrated on consolidating our new planting relationships in preparation
for expanding planting in 2007. Rainfall patterns in India during this quarter
were not conducive to extensive planting, and project teams focused on
preparation for the 2007 season. We anticipate strong planting activity in the
first quarter of 2007.



The cumulative position at 31 December 2006 is summarised in the table below:

Managed Contract Seed purchase and oil Total
plantations farming supply agreements

India - 12,740 36,361 49,101

Southern 5,155 - 6,046 11,201
Africa

South - 30,494 33,260 63,754
East Asia

Total 5,155 43,234 75,667 124,056



Our jatropha plant science and agronomy programme is making strong progress. We
have now collected over 180 accessions of jatropha material, including new
material from Central America. We are in possession of the first grain and oil
yield data, which we will use to steer our international breeding programme and
as a guide for an international network of product placement trials. In these
trials we intend to identify individual jatropha cultivars optimally adapted to
different cultivation zones in our target planting areas. Meanwhile,
multiplication of our first selected E1 seed is underway in Southern Africa,
India and South East Asia, and we are on track for planting out a significant
quantity of this material in 2008. We have established a new Regional
Development Centre (RDC) in Swaziland. We are also initiating the design of our
sustainability policies for the crop.


Refining

We completed the purchase of a second major biodiesel site at Bromborough on
Merseyside in early January to access a cost-effective means to expand
production capacity. The first phase of operations is now underway to convert
the existing facilities to add 100,000 tonnes of biodiesel capacity during 2007.


Refining margins across the industry were affected during the quarter by the
continuing combination of lower diesel prices and increased feedstock costs,
particularly the high cost of soya oil which has remained above $750 per tonne
for over 3 months. Having made the decision to secure supplies of soya for our
Middlesbrough refinery at significantly lower prices earlier in 2006, we are
actively managing stocks to ensure that they last as long as possible consistent
with producing positive margins and meeting our contractual obligations. As a
result we ran our refineries below capacity during the quarter producing less
biodiesel than originally planned. Sales of biodiesel for the quarter totalled
3,286 tonnes.


Under the circumstances, we believe that it is now prudent to plan for edible
vegetable oil prices remaining relatively high for the immediately foreseeable
future. However, we believe that the introduction in the UK of a mandatory 5%
biodiesel blend to be phased in progressively from April 2008 under the
Renewable Transport Fuels Obligation (RTFO), supported by a continuation of the
20 pence duty derogation and the addition of a 15 pence per litre penalty,
should make a significant and positive difference to margins. Furthermore, we
believe the persistence of higher prices of edible vegetable oils reconfirms and
reinforces our strategy to land crude jatropha oil in the UK at a target price
of $475 to $500 per tonne.


Accordingly the Board now plans to extend the phasing for the full rollout of
our target of 320,000 tonnes of refining capacity from the end of 2007 to the
end of 2008. We are confident that the programme can be accelerated prior to the
implementation of the RTFO, should there be a sustained return to increased
diesel prices and to historic levels for commodity prices.



Trading

The first delivery of product to Petroplus, under our first major UK biodiesel
offtake contract, was made on 26 October 2006.



Offer period update

As announced on 21 November 2006, the Board has ceased discussions regarding a
possible offer, but is continuing negotiations with certain of the parties
regarding the possible acquisition of a substantial, but less than a
controlling, shareholding in the Company. These negotiations are continuing with
a view to assisting the Company to accelerate significantly the roll out of its
business plan.


Elliott Mannis, Chief Executive Officer of D1 Oils, commented:

'Whilst the current high prices for traditional food-grade feedstocks are a
challenge, we believe they are a validation of our strategy of creating, in
jatropha, a low-cost, long-term supply of inedible feedstock, the price of which should
be driven solely by its fuel value. We also believe that our modular approach to
refining is a significant advantage in providing flexibility in uncertain markets.

We made steady progress in planting in the last quarter and our plant science and
agronomy programme is developing strongly. We are very pleased to see planting
gaining traction in Southern Africa. Our planting plans for 2007 remain on track.

Having successfully completed our placing, we are well positioned to respond to
the current challenges that the industry is facing and to seize the
opportunities that are clearly on the horizon.'

Super - Great drop

Moving away from the 25 dma again - on a steep slope, next stop looks at 120p

for a nasty moment, i thought i had ben tempted to buy these again .... glad to see i hadn't! ..... company and product is almost certainly very good; timing will be everything as profitability is prob still a long way off

I would steer clear of DOO. No real income meantime

Well so much for those predicitons guys - guess the graph looks different now and so are its signals

Excellent day....:0)

Typical really, i had earmarked these for a top up sub 140p, but couldn't call if their was further to fall..., would have been a nice gain in a small time scale...

worth looking back at the chart (post 295) where you will sp closed bang on 50 dma ...... this is an obvious resistance point, along with a similar resistance/support at this level earlier in proceedings ...... so it will be interesting to see if it breaks through and, if so, if it can sustain that