Amities . l have been discreetly buying this stock since it was 39p . And the more i learn the bolder are the positions i take . .....Floated in Dec 2004 it was oversubscribed and before costs the required $15 million was raised. At the helm is ex BP head of Global exploration and Resavoir management . Furthermore a success story at Global Expo . Now Nick Johnstone wants to set up on his own . And after speaking to him l am not at all surprised . He is like a "Who s Who " of the hydrocarbon world ...He has ALL the prerequisites for success so why work for some other lackey ! .. namely connections from his ertwhistle employers . He has assembled a first class management team from ex colleauges at BP ; and is his business model is simple . AFR farms in on "Big Oils " inception upstream ; and with its scale of economy it works closely with "Big oils" fields on the look out for excellent workovers oppertunities .... Already lt has via a complicated j/v a percentage of the Sao Tome and Principe acreage -Located between the oil rich waters of Nigeria and those of Sao Tome and operated by Texaco / Chevron and Esso; and believed by many to be the new North sea . . 3D Seismic testing and magnetic graphic imagery and satellite imaging has located a labyrinth of channels leading to a main resavoir which is believed to14-15 mmbbls of oil and which would leave AFR with its share of 120/140 million barrels for NO cash outlay .To ensure early cash generation Afren has entered into a production sharing agreement in the developed Ogedeh field { adjacent to the BP operated Olowi marin field which is believed to yield 180 mmbbloe. Furthernore AFR has agreed to drill the lbekelia project for Ascent resources which is expected to produce 2,500 b/pdoe to satisfy AFR percentile share ,ln addition it is a believed resouce of several years . .. , .Not a bad start for a company with little more than six months in the making . ....and well worthy of investigation !! .....@+ J

Broker note out target of 110p.

Very bullish, hold on..........

I can't guarantee this link for long so save it or print it.

http://www.david-wilmshurst.co.uk/afr_merrill071004.pdf

The link doesn't appear to be working now. But thanks anyway.

The link works for me.

Do you have your firewall to tight?

Or turn off pop up blocker till you download it.

Link works through Security firewall !! Thanks, SWW, nice to be in the Blue again!

I have been having trouble with my browser all day, but when i used Firefox the link opened .

We are now back in almost 2 months in the low 80s from the 60p area, so this is good news, for all those who held in and for those who managed to sell high and buy back in low
I do hope now we can see a steady climb up to production start up with a few surprises on the way. A milestone for me is to hit record highs and then 100p at xmas

CONFERENCE PRESENTATION
London, 23 October 2007 - Afren plc ("Afren" or the Company) announces that Osman Shahenshah, Chief Executive, will be presenting at the Canaccord Adams Global Energy Conference in Miami, USA on Wednesday 24th October 2007 at approximately 2:00 p.m. British Summer Time / 9:00 a.m. Eastern Time.


Investors are invited to listen to the live webcast via the following link:

http://www.newswire.ca/en/webcast/viewEvent.cgi?eventID=2020260

The presentation slides will be available on Afrens website at www.afren.com.

Gr8t speech full steam ahead now 1.00 here we come!! My first trench was at 53p WHOOPEE!!!

This is what we have been waiting for blanche, excellent stuff
Crack open the wine

Its now nice to see us hit the 100p, with drilling not too far away and then production to start and we can't rule out further acquisitions so hopefully more good times to come
A special thankyou to TheFrenchConnection for the research he did and bringing this share to my attention , Ive not heard from him in a long time but take care my friend
Keith

Kieth ,Fingers crossed its above at the end off the day. Then i can open a bottle of the good stuff and dream off £2.00 by this time next year,with everything that its got going on imo. 8-)
Echo your words on TFC

Its not been an easy ride blanche but not many are, but am assured when we become a producer things will change
Am almost on a free ride now, i took a few profit's in the low 90s got most of my stake back now so am happy

just read this, quite bullish on AFR, HERE

Thanks Andy, interesting read
A little retrace from the recent rise, but am still looking forward to next year

Each company will present for 20 minutes with 10 minutes Q&A to follow. After the presentations are complete the directors will be available to take questions during a free canapand wine reception which will be open until 9pm.


Afren Plc (AIM:AFR)
Afren was founded in December 2004 by a management team including Dr Rilwanu Lukman, (Chairman), Osman Shahenshah, (Chief Executive) and Bert Cooper (Advisor to the Board), with the vision to become the premier pan African independent Exploration and Production company. Afrens Chief Operating Officer is Evert Jan Mulder, who was most recently Chief Operating Officer of Addax Petroleum, Nigerias largest independent oil producer. Since its listing, Afren has rapidly expanded its portfolio and the management team has delivered 12 assets in the Joint Development Zone of Nigeria-S Tomand Prcipe, Nigeria, Gabon, Angola, Congo Brazzaville and Ghana. In addition, Afren has built an executive and non-executive management and advisory team with broad and extensive experience in the industry, both in West Africa and internationally; in identifying and completing corporate expansion opportunities and in public company financing. Afren also looks to leverage key relationships across the region to gain preferential access to opportunities. Afren will continue to add to its diversified portfolio of near term development and high impact exploration, with the overall objective of creating substantial shareholder value.

http://www.proactiveinvestors.co.uk/eventregistration.php


Range Resources (AIM:RRL)
Range Resources is an exploration company with its principal activity directed towards finding and delineating natural resources in the oil, gas and mineral sectors in Puntland, Somalia. Puntland is believed to have all the geological requirements to become a commercial oil-producing region. Range has two Production Sharing Agreements (PSAs) for the Nogal and Darin Blocks, two particularly promising basins. Undiscovered oil-in-place resources in the Nogal block are estimated at net 860mmbbl. A successful project in this Near Shore zone would mean that new reserves could be rapidly placed on production, largely from shore based facilities. Fox-Davies Capital recently initiated coverage with a price target of 50p.

http://www.proactiveinvestors.co.uk/eventregistration.php





CBM Oil (PLUS :CBMP)

CBM Oil (PLUS:CBMP) is an oil & gas exploration company established to get finance the exploration and development opportunities of energy resource interests in the Caspian, the Black Sea and the Mediterranean., with a focus on projects in the Commonwealth of Independent States.

CBM started negotiations with Chornomornaftogaz, a subsidiary of Naftogaz Ukraine, having identified that Ukraines sector of the Black Sea could contain large oil and gas Prospects. OIn August28 September 2007, CBM and Naftogaz Ukraine Chornimornaftogaz concluded a Joint Operating Agreement for the Gordievicha exploration prospect. CBM and the Ukrainian Ministry of Fuel and Energy have also created a Working Group to oversee the joint development of the hydrocarbon fields in the Black Sea and the possibility of co-operating outside Ukraine.

The Minister of Fuel and Energy supports further cooperation between CBM in the Black Sea and joint activity by Naftogaz with CBM Oil outside the Ukraine. It is the intention of the Company to float on AIM in the first quarter February of 2008.

http://www.proactiveinvestors.co.uk/eventregistration.php

Afren PLC
13 November 2007

Afren plc (AIM: AFR)



Acquisition of Devon Energy's interests in Ghana and Angola



London, 13 November 2007 - Afren plc ('Afren' or 'the Company') announces that
it has entered into an agreement with Devon Energy to acquire its interests in
Ghana and Angola, comprising a 95% working interest and operatorship of the Keta
Block, offshore Ghana and a 15% working interest in Angola Block 16. The
acquisition is subject to certain conditions precedent, including customary
governmental approvals and, with respect to Block 16, the preferential rights of
Sonangol.



Acquisition of Devon Energy's interests in Ghana

The Keta Block is located offshore eastern Ghana, in the Volta River
Basin, and covers 5,500 sq km

Devon has carried out extensive technical work in the area and
identified primary targets, which are Upper Cretaceous deep water sandstone
reservoirs that have not been drilled in the block to date

The play type is very similar to that successfully proven by recent
drilling to the west in Ghana in the Mahogany and Hyedua discoveries
Further technical evaluation of the re-processed seismic data is
ongoing, and the expected mean potential reserves are expected to be
circa 250-500 mmboe

The current licence period expires at the end of 2008 and includes
one commitment well

The licence can be extended for a further six-year period, comprising
three, two-year periods, each with a firm well commitment
GNPC (Ghana National Petroleum Corporation) has a 5% carried interest
in the block

The Cuda prospect, which will be drilled in 2008, is covered by good
quality 3D data which has recently been re-processed with a marked improvement
in data quality



Acquisition of Devon Energy's interests in Angola

Block 16 is situated offshore Angola within the Lower Congo Basin and
covers an area of 4,936 sq km
Maersk is the operator (50%) and partners include Odebrecht (15%) and
Sonangol (20% carried)
It is an exploratory block with nine wells previously drilled and notably
two discoveries
The Miocene and Oligocene discoveries, prospects, leads, and play
types mapped within Block 16 are analogous to the fields in Blocks 15,
17, 31, and 32, adjacent to Block 16
The plays are considered to be highly prospective with several
prospects and leads identified on Block 16; the expected mean potential
reserves are expected to be circa 1,000 mmboe. The discoveries on Block
16 are under appraisal with the potential for early development



Devon Energy is divesting its interests in the operated Keta Block offshore
Ghana and Block 16 offshore Angola as part of the process to sell its assets in
West Africa, as announced in January 2007.



Osman Shahenshah, Chief Executive of Afren, commented:

'We are delighted to have secured two highly prospective exploration blocks in
Ghana and Angola offering multi-billion barrel oil resource potential. The Keta
Block, offshore Ghana, is located east of the discoveries that were recently
announced on the West Cape Three Points and Deepwater Tano blocks, whilst Angola
Block 16 lies adjacent and on trend to 45 significant discoveries and notably
has two existing discoveries, which are under appraisal and offer the potential
for early development.



'The addition of the Keta Block and Block 16 to the portfolio will further
increase the Company's exploration and appraisal drilling campaign for 2008,
with a total of up to 4 additional wells.



We are on track to produce 15-20,000 barrels of oil per day from the Okoro Setu
Project in Nigeria by mid-2008, and the entry into Ghana with the acquisition of
an operated interest, as well as participation in Angola Block 16 marks an
important strategic expansion of Afren's pan-African footprint. '



13 November 2007




Maps identifying the location of the Blocks in Ghana and Angola are available on
the Company's website:
www.afren.com

kkeith,

Thanks for that, I guess they will be talking about all this at the presentation this coming Thursday.

No mention of how this will financed yet. s/p come off the recent highs now
Hopefully we will get answers soon

Kieth think it may funded by a placing. I can see us drifting back to 80p. Good buying opportunity then.