< "> edit this post http://www.investegate.co.uk/afren-plc-%28afr%29/rns/trading-statement-and-operations-update/201301210700069619
http://www.investegate.co.uk/afren-plc--afr-/rns/2012-full-year-results/201303250700107200A/

In an attempt to cut down the header page,i've transferred some of the older news to Page1 post No.3.

http://www.oil-price.net/index.php?lang=en
http://www.ft.com/home/uk

http://www.investegate.co.uk/Article.aspx?id=201111020700081674R
http://www.investegate.co.uk/Article.aspx?id=201111150700250723S
http://www.investegate.co.uk/Article.aspx?id=201112010705051251T
http://www.investegate.co.uk/Article.aspx?id=201201170700146472V
http://www.investegate.co.uk/Article.aspx?id=201201230701479690V
http://www.moneyam.com/action/news/showArticle?id=4323758
http://www.investegate.co.uk/Article.aspx?id=201204170700164488B
http://www.investegate.co.uk/Article.aspx?id=201205140700212304D
http://www.investegate.co.uk/Article.aspx?id=201205210700407032D
http://www.moneyam.com/action/news/showArticle?id=4430164
http://www.investegate.co.uk/afren-plc-%28afr%29/rns/significant-new-seychelles-3d-seismic-programme/201212120700052973T/
http://www.investegate.co.uk/afren-plc--afr-/rns/2013-half-yearly-results/201308230700063334M/
http://www.investegate.co.uk/afren-plc--afr-/rns/ogo-drilling-and-resources-update/201311190700083404T/
http://www.investegate.co.uk/afren-plc--afr-/rns/trading-statement-and-operations-update/201401280700096280Y/
http://www.investegate.co.uk/afren-plc--afr-/rns/interim-management-statement/201405200700135209H/
http://www.investegate.co.uk/afren-plc--afr-/rns/interim-management-statement/201410300700116483V/
http://www.moneyam.com/action/news/showArticle?id=4942625
http://www.moneyam.com/action/news/showArticle?id=4943375

For GKP ; if there is further to go (I think so ) it could be very sudden and almost impossible to get in later at a reasonable price..still in Afren and looking good for a pound by the new year...

Cheers RF.

could be an upward trend on most oil companies in Nigeria, as the ChInese have stated they want to buy into oil in that country
Not clear at this stage if it means they want to do a deal with Nigerian government or buy into Oil Companies in Nigeria.............whichever way suggests that Nigerian oil is wanted

Joined youn guys in AFR this morning... thanks cyners.

7:35 AM Sources say Chinese state-owned oil company CNOOC (CEO) is in talks with Nigeria to buy a large stake in some of Africa's richest oil blocks, at a possible value of $30B. A successful buy would put CNOOC in competition with western oil majors with a strong presence in the area

good call for the bounce wasn't it

Spot on Cynic

If CNOOC buy up expired and other licences, wont that mean a lot more competition for services, personnel etc in Nigeria, with negative cost implications when they start to invest ?

Also may increase pressure on those holding acreage as yet undeveloped, the govt could quickly strip co's unwilling / unable to drill as a bidder is waiting

a positive would be increased investment in the onshore facilities, removing some of the bottlenecks there and making more fields viable - though of course you'd have to pay the Chinese owners a few $

yep good one cyners.

BOING, bouncing off the 25 day DMA as cyners called it.....spot on. Well done that man.

was tempted to buy some more for myself, but in truth i really have enough

Presumably when you sell then, your holding will be enough to move the sp on it's own???

hahaha! ..... i don't think 20k will excite anyone much

Would like to think that today is the start of the next move upwards. gla

Would like to think that tomorrow is the first step in buying me that new jag.

Would like to think that today is tomorrow.

Exploration and consolidation are the major value short-term drivers in the African oil exploration and production sector, says Arbuthnot.
The broker starts with recommendations on four stocks: Tullow Oil (buy), Heritage Oil (strong buy), SOCO International (strong buy) and Afren (strong buy).
Preferred picks are Afren and SOCO as they offer investors the greatest upside potential.

Afren afr bounced off both the 25 day EMA and also the floor of an uptrend channel that as been in place since March/April 2009. Targets are shown on the chart, looks like its got a lot going for it especially with high Oil prices here to stay.

NB, flower should read floor.........petal.

Stupid boy, Pike!

Long day at the office cyners and have a big day or two getting the gardens ready before the winter sets in........I detest it but Im too skinny to pay for a gardner.

Good start for AFR.

i fear the forecast is pretty grim ..... and i'll have to be out in it playing golf too!