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

So what does that mean,overall sell or hold.

In this market I believe along with many others, short term trading is the only way to go. Any positive RNS from this company will shoot the sp to the stars. The only way to really gain is to buy beforehand but then you run the risk of the RNS not being positive and the sp bombing even if only temporary.

Golden rule in this market is make your profit and get out.

well i am waiting to be in profit as i bought at 27p,so long way to go yet,but the moment it might go to50s i will sell regardless.

EK tipped these again yesterday on his site--bought shedloads at 30p his 3rd purchase. It's very unusual for him to go long but there is a need to be wary as he can sell and short very quickly!

yes i saw that too about ek buying more......if he does short, it wont be at 30p or less though! and he also said it will be within few months to reach a quid or MORE. mmmmmm

i think it just needs to be out of this range of 26p-29p,once crossed i think we could be in the late 30s.

Mondaycould be the day,have waited since the last rise,and hope for the same fingers crossed.

EK is not very good in going long.

who is apart from warren buffett!!! and he is in usa

show us one of your many graphs....which we can all see from ourselves by typing in a company epic anyway

A little movement this morning lots of buys coming in now

todays movement of bringing sp down early on and then gradually moving up is exact same as last big spike when news came out during the day.

can we be getting news today? hmmm

ps: peak have signed an agreement for an fpso before end of year for bilabari field

Maybe a step nearer getting our money from peak and some oil and gas later this year

mm's playing games....sp dropped 1.5p

or is there something going on

Looks to me only m/m shaking scotinvestor, from the last RNS possible news this week hopefully

Not an easy ride but rewards later, a little resistance just shy of 30p but the journey is still on track

i have never held on to a stock that long,but with this one,one way or the other i will wait,its been a bit volatile today to say the least,hopefully news should be out soon.

the mm's for last few days put sp up to 29 or 30p every day and by end of day its 27p or 27.5p.....they like all the trades to earn their dough, more than 3 million traded which is a lot for a basic day.

also remember the 2 fARM INS....i should be announced this month....maybe eel will announve both award and 1st farm-in at same time....if that happens, sp should be at least 55p

dont forget the 9% reserves of block 2 of 2.5 billion barrels

SP119 on the other side gives a very detailed post on the value of eel assets the main point of excitement being his very conservative estimate of 378 barrels daily from approx end of 2008 until late 2011 or roughly 45k daily in eel's pot!!! not allowing for their gas potential and other deals. I don't think I'll sleep tonight!!!

i actually bought this hoping to hold for 2 or 3 months until award, 2 farm-ins and possible other farm-ins.

now cos of research into reserves etc and fact that fpso will be available this year, i might have this as medium term hold

i agree this will be i quid min