We all need a couple of oilies in our portfolio - this one's not without it's risks but still plenty potential upside.

http://www.kbcpeelhunt.com/pdfs/mmeetings/NEOilGas9Aug05.pdf

Oilexco (BUY) looks a stand-out cheap stock. This is partly a reflection of its high asset concentration, with effectively all the value in the UK North Sea Brenda field. While it is not without risk in terms of reservoir performance, the field has been thoroughly appraised and with the key contracts having been signed, delivery of first oil mid-2006 looks fairly secure. Forthcoming exploration and appraisal drilling on 3-4 other North Sea prospects and fields provide a few shots at significant value upside as well.

unluckyboy;feel happy with this stock as its experienced a slow build up,mostly on
good news (huntington is rumoured to be the biggest find in over 5 years from the
N/Sea),production from Brenda/Nicol fields,Ptarmigan to come and of course a move to the main market later this month. Yes their will be dips in the SP from time to time(profit taking) but nothing to dramatic imho,which leaves me feeling very
comfortable holding long term.
cyril

A GOOD REPORT IN THE SHARES MAG.UPGRADED PRICE TO 7.05.STILL A GOOD RISE TODAY UP TO 6.44 AT ONE POINT AND THEN STEADY AROUND 6.30.I EXPECT A GOOD WEEK NEXT WEEK,LET'S HOPE FOR A TIP IN THIS WEEK'S PAPERS.

UNLUCKYBOY.

If we get the expected update from Huntington, its a racing certainty as far as
SP goes

Never mind toledo mining going up to 20 i think oilexco will get there alot quicker.Maybe someone should tell them to switch shares.

We are flying.

Up 27p today on good news lets hope we can get upto 7~00 soon.

Down last week but a move to the main market this week might see the shares going up again, up today 9.5p.

unluckyboy.

unluckyboy, patience is the name of the game.Profit takers last week brought the SP down some, but thats the stockmarket nothing goes up all the time,makes for
a health market. News will come in the not to distant future of Ptarmigan,which
as we know is a appraisal well before revisiting discovery Shelley for delineation. And then back to our biggy Huntington and whoosh.

niceonecyril, have you read anything on roxi petroleum been watching for a couple of weeks and noticed a few big companys buying in. up 10 1/2 last week to 65p and up today 7% may be a good one to watch.

unluckyboy

Trading on main market due 29th june just announced after the market had closed.

unluckboy

unlucky, no i haven;t researched roxi,although i believe its touted as a new MXP.
Looking at CDL at the moment,good news for OIL about the transfer to main market.

OIL joined the main market today,should help in the long term, though no great rush at the moment.

I feel news is just around the corner, with Ptarmigan(appraisal) being drilled at this moment along with Oddjob(exploration). Awaiting results of the 4th well sunk into the Brenda/Nicol proven field.

Some news due out anyday now, with so much activity going on? Brenda4th well,
Ptarmigan and now Oddjob all complete (evidence from the movement of rigs
Ocean Gardian and Sedco 712 can be traced via
www.vikingsupply.com/vess_vidar_ref.asp
Also an interview with Jean- Francious Trandiff of Sprott Asset Management on BNN stated he will not be selling but topping up on dips, which is what we've have at this moment.
cyril

Can't understand why, the above is not working. if you type manually into the address box it should work?
From the info it quite easy to follow, and of course they only move once the
wells are complete.For those not up to speed you might require entering the companies web site.
cyril

A good rise this week shame about today but cannot grumble.Does anyone know of any reason why it has gone up, are there some results to come out.?

Morning all.Something is going on here but nothing is being posted,all i know is that the drilling results are due towards the end of the year.
Started up today @ 50p to 9.10 but slowly coming down hopfully not to far down.

I know for a fact the Ptarmigan well wasnt much of a success. Not seen any figures out yet but i've been told the well was a major disapointment.

http://www.investegate.co.uk/Article.aspx?id=20071214070027M7353
cyril

Looks to be the best perfomer in the oil section today, recently back in at 620p so pleased with the movement.
cyril