EnCore Oil PLC

I sold 10 percent of my shares at 94p today, too many times i have made paper profits only for them to fall back down again. Still lots to look forward too.

robnick - nothing wrong banking profits - may want to buy back in today though? gl

EnCore Oil plc (LSE: EO.) is pleased to announce the result of testing operations on the Cladhan appraisal well, located in UK Northern North Sea Block 210/29a.

The well, 210/29a-4Z flowed at a stable rate of circa 5,903 bopd (barrels of oil per day) for over 13 hours through a 28/64 inch choke with a final wellhead pressure of 1,874 psi (pounds per square inch). The flow rate was restricted by the capacity of surface facilities and due to the small diameter of the testing tools and the 3.5 inch tubing used while testing. The Operator, Sterling Resources, has indicated that with larger 4.5 inch completion tubing, they estimate that the well is capable of producing over 15,000 bopd. The testing confirmed light oil with a gravity of approximately 34 degrees API and a gas oil ratio (GOR) of 245 scf/bbl.

After completing the well test operations, the well will be plugged back and a further side-track downdip and to the southeast of the original discovery well will be drilled to better understand the location of the oil water contact (OWC) in the field. The side-track operation will commence later this week and is expected to take approximately two weeks subject to weather and operational delays.

clunk for CEY but click for TLW and possibly for EO

Out again.....lot in the sp...and a month at least for next piece of decent news....

My mistake ..3 weeks.....so to be in or not to be in, that is the question ?....

think you should be in and npe, sure there's more to come soon. edit, with xel still to perform.

More news on drilling in about 10 days.....sp creeping up slowly

In the blue +5 this am 1.50p soon.,.

Great share almost as good as Matad.

i have both, but it has to be (almost) certain that EO has more substance

looking very healthy today, and making me nice and wealthy.,.

only a 50% stake, but showing very juicy profit - at least until the collapse

Still heading north another 8p up at mo and climbing.

likee, likee!!

Second successful cladhan appraisal and update on catcher operations * Very confident that "we have a potentially significant commercial accumulation"

So do you think that the current rises are taking into account the "Significant commercial accumulation"? I am expecting this to top out and drop a little in the next few days but wonder whether a decent find would boost further.

have pondered for a couple of days, and decided topping up into the correction was not excessively greedy

ditto and probably somemore.,. NPE now nearly 4 all connected ;))

There should be a bunch of happy campers around here. ;-)

would be happier still if damn sp started going north again! .... better than EME isn't it!!