This should be on all oil&gas investors radars.

Read first http://www.oilquest.net/Oil_Quest_Deloitte.pdf

then consider the reverse takeover bid which has a 12 month lockin

then consider their drilling update.

current sp = 34p (25/2/06) , I'm hoping for 50p after the egm (early march)

dyor of course

Moving up again today with some good size trades

rns just released