EnCore Oil PLC

hmmm - some sense returning at last - lots of buys

from the other side;

'Cladhan Resource Estimation



EnCore Oil plc (LSE: EO.) notes the announcement today by Sterling Resources Ltd ("Sterling"), operator of the Cladhan discovery on UK Northern North Sea Block 210/29a.



Sterling has received an independent resource evaluation from RPS Energy on the gross contingent and prospective oil in place estimated to exist in the Cladhan discovery. The resource estimate was compiled in accordance with the Canadian Oil and Gas Evaluation Handbook standards, as required by Canadian National Instrument 51-101 standards.



The estimated range of both contingent and prospective resources of oil in place (STOIIP) at P90, P50 and P10 estimates are as follows:



P90 P50 P10

Contingent Resources (mm bbls) 43 89 155

Prospective Resources (mm bbls) 76 167 311



Add Catcher to this must be worth at least ????! '

not just a tiny 67p or so!
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hmm .... sounds like desperation to me ...... just to scare; better hope that the rkh sealion find is also not just a one fan wonder too

Cant believe i didnt have shares in this.

i managed it without your help thanks marky!

Its gloom and doom at the moment Cynic i just hope the AGM went well today if not am going to stay down my mine and sulk for 6 months.

which AGM?

XEL AGMl another disaster zone, Canada has enough oil for a century, all these oily minows will die within 6 months, its only mugs feeding them with their ever demanding cash calls, which keep the bod in the fashion they were never used too

triples all round XEL directors.


As for oil in the Falklands ( snigger)

it doesn't matter about what (shale) oil canada does or doesn't have ..... XEL's stuff, now of debatable quantity, is in the north sea lest you had not noticed! ..... anyway, the AGM clearly excited (sorry about the pun) no one, nor scared them either

well didnt see the 70p + thought we may get at close here therefore have kept my couple of punts here open for tomorrow morning as after analysis of the last hour trend it is indicating at least an early blue start to the day tomorrow - whether it holds the whole day or not is another thing - additionally seen this many times before - the heavy multiple upon multiple stop losses triggered today almost endless - and i am betting a lot of those will want back in tomorrow am low as possible - final drill here 15/20 days away - t/o not ruled out or perhaps a merger to reduce costs through synergies / maxed levarage etc - interesting day ahead here and still have what has already been found - iis will fill and have been buying in tranches at these give away prices imo - gla

that word shale - ahhhhhhhhhhhhhhhhh noooooooooooooooooooooooo - i hear that word and think of the dreaded hawk - arggggggggggghhhhhhhhhhhhhhhhhhhhhhhhhhhhh!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!

i will give them jolly roger!!!!!!!!!!!!!!!!!!!!!!!!!!!!

Nothing to do with shale oil, this oil is pure enough to put straight into a diesel engine without any refining needed-I thought you would have known about that, no wonder PI`s are being ripped off.

shows what little of nothing you know old son ... don't be an ass, or lay off the sauce, or both

DESEO. (being the merger of watery colleagues DES and EO.)

EO. is having a very bad run, poor result after poor result. Got to testing 50p in the summer with another encore, another poor result that is...........

yes deseo are trying to patent / obtain ip ownership for their brand new advanced technique to source massive high grade oil finds replacing such now obsolete former state of the art techniques & technolgies as 2d & 3d seismic - yes it is a little known method of locating oil called: 'old guy walking along the surface holding a y shaped bit of stick between his hands waiting for it to dip downwards or start twitching' strangely the oil majors seem to be avoiding this technique! rkh are currently running trials which may be a concern!! Sadly the old guy's genius has since seen him sectioned indefinitely!' lol

dowsing aside i am looking fwd to kick off this morning here - gla

cynic
reported to abuse for being pizz poor at using it.
So there are no oils useable straight from the well then?, oh well better cancel my shares in the company- no don`t ask the name,you couldn`t afford the price.

What a clown

as expected nice blue start

kerrrrrrrrchinnnnnnnnnnnnnggggggggggggggggggggggg!!

eo. really cheap right now - dowsing joke aside they already have solid finds

hope others had the opportunity here

Ne`er trust a blue
`til 9.00 is due

first 15mins - then hour always interesting - good trading day ahead l2 busy