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.

http://www.oilexco.com/upload/media_element/33/01/02-04-08-oilexco-february-presentation.pdf
cyril

Huntington liiving up to expectations,452ft of oil and enlarged area.
http://www.investegate.co.uk/Article.aspx?id=20080211070004M1452
cyril

Amazed that so little interest in this stock,one of the best North Sea oil explorers
around. Up 112p (17.5%)today on the latest news of Huntington which is believed
to be the biggest find of late?With several other discoveries producing or near to,
this is a solid company.
cyril

I tried to put some in an Isa a while back, and was told that I couldn't; so now missed out on the rise.

RF, thats unfortuate and your broker is wrong as its duel listed(AIM &TSX).
Another share that i hold in my ISA is EEN, which is well undervalued and in is
down again today(must be near bottom)?
aimo
cyril

RF, thats most unfortuate and your Broker is wrong as its duel listed(AIM &TSX).
Another oil company which i hold in my ISA is EEN which imo is well undervalued,
and worth checking out. If your interested check out the thread which gives an
excellent summing up of its Syrian reserves etc, which is to be added to its
producing Colombian assets.
cyril

OIL broken through the 8 barrier, now at 818p. A great rise since 21st Jan(4weeks) when it hit a low of 519p.
cyril

Looks good Robbie Burns has a long target 900p.

http://www.investegate.co.uk/Article.aspx?id=20080227070024M6832
Another drilling success for this company, the most active in the N/Sea.
cyril

http://business.timesonline.co.uk/tol/business/markets/article3594234.ece
http://www.financialpost.com/money/story.html?id=397698
cyril

Making good progress.
cyril

Moth announcement released after close in Canada. It's good news; very good news.

Should see an RNS here in the morning.

was reading another site posts yesterday evening when I spotted it

here it is

http://moneyam.uk-wire.com/cgi-bin/articles/20080627070037M1683.html

http://www.investegate.co.uk/Article.aspx?id=20080814070019M8032
cyril

Didn't see that coming.

Cyril, do you think that Oilexco could be a takeover target at this price.
In the Times today it was talking about that some of the smaller oil companies could be taken over as their share price has drop.
Unluckyboy.

ULB; i'm out of these and have been for sometime and have no idea,but theirs always the possibility that it may happen. They have some great fields with Huntingdon being outstanding, they seem to be having funding problems which would make them vunerable?
cyril

Company up for sale?

ULB.

Greatly in debt to the banks...nosediving

DEADLINE SET FOR OILEXCO SOLUTION

North sea oil company Oilexco announced on Wednesday that its banking syndicate and the Royal Bank of Scotland had agreed to provide up to 47.5 million dollars until January 31 to meet its financing needs, in return for cash fees of up to 37.5 million dollars and an equity fee that could amount to a 24.9 per cent stake in the company if it succeeds in brokering a deal that returns any money to shareholders. Oilexco shares have lost 93 per cent of their value in the past six months and fell to 59 pence on Thursday. The announcement follows Oilexco's decision to abandon plans to raise up to 186 million dollars in bonds and shares.