how about some info about emerald?trades today 4mln buys 1mln sell.is it just me or is their demand for this share?why does the price not move?I,m new to this caper!cheers.

Ckmtang, There is your information. Don't say I did not warn u!

Analysts reckons oil price will hit $50/barrel soon
AFX
$50/barrel could be reached within weeks, says analysts to Sunday Times


Analysts warn oil prices, which reached a near 14-year high of 40 usd a barrel on Friday, could hit 50 usd in the coming weeks, said the Sunday Times newspaper.

'Fifty dollars a barrel is perfectly possible if we get the wrong sort of headlines from the Middle East,' the paper quoted Kevin Norrish, an analyst at Barclays Capital, as saying.

In the UK, petrol prices topped 80 pence a litre last week and rising crude prices, together with widening refinery margins, are widely expected to push up prices further.

The Bank of England, which publishes its quarterly inflation report this week, will say dearer oil and commodities are likely to push UK inflation towards its 2 pct target, said the paper. Economists expect the Bank, which raised the base rate from 4 pct to 4.25 pct on Thursday, to signal that further increases will be needed to keep inflation on track.

hlyeo98 , or you think een will rise or drop soon?

Analysts reckon oil price will hit $50/barrel soon
AFX
$50/barrel could be reached within weeks, says analysts to Sunday Times


Analysts warn oil prices, which reached a near 14-year high of 40 usd a barrel on Friday, could hit 50 usd in the coming weeks, said the Sunday Times newspaper.

'Fifty dollars a barrel is perfectly possible if we get the wrong sort of headlines from the Middle East,' the paper quoted Kevin Norrish, an analyst at Barclays Capital, as saying.

In the UK, petrol prices topped 80 pence a litre last week and rising crude prices, together with widening refinery margins, are widely expected to push up prices further.

The Bank of England, which publishes its quarterly inflation report this week, will say dearer oil and commodities are likely to push UK inflation towards its 2 pct target, said the paper. Economists expect the Bank, which raised the base rate from 4 pct to 4.25 pct on Thursday, to signal that further increases will be needed to keep inflation on track.

it drops

looks like a blue day today with all buys going through at the moment

yes, keep rising/

Good time to buy at 2.1p

keep rising...

Can't anyone see the massive potential of this stock?

Keep buying!

ckmtang -
hlyeo98 - 11

You two are going to go round the bend watching this share take your eye of it for a week or two.

My first taste of buying and selling a share in the same week, loverrrrly. It was that nice tight spread kendoken mentioned that makes it possible.

will the new oil well go online this week? and if it does what affect will it have on the price? up all the way hopefully :-))

i think so. i still think een have massive potential

With the price of crude oil at $40 pb and eventually to $50 pb, with production to start from the second oil well very soon and with the company being in black,
i see nothing but profits. A Possible third oil well is due to be drilled later on this year.

Seymour price have forcast profits of 5m for year end Dec 05'.

Sit back and enjoy this ten bagger...

rkausar
If it is a ten bager it would put the M/Cap on about 1b a bit steep don't you think.
P.S The price of oil is coming down.

so true, they are so fully valued already...

help!,i`m new to this,what is a realistic price we could expect for these when the new well or wells start producing.i paid 2.4 for mine.
dexter

about 1.5 to 1.75p. higher if they have more strikes. (unlikely, it took so long just for this one). plse see my other thread onn een.

Emerald Energy Plc said campo Rico#1 in Colombia has been drilled and was brought into production yesterdayat a level of 400 barrels of oil per day which will be increased to 750 barrels per day over an appropriate period....