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AFREN (AFR) Is this the next TULLOW??? (AFR)     

niceonecyril - 04 Apr 2009 08:30

< "> Chart.aspx?Provider=EODIntra&Code=AFR&Siedit this post http://www.investegate.co.uk/afren-plc-%28afr%29/rns/trading-statement-and-operations-update/201301210700069619
http://www.investegate.co.uk/afren-plc--afr-/rns/2012-full-year-results/201303250700107200A/

In an attempt to cut down the header page,i've transferred some of the older news to Page1 post No.3.

http://www.oil-price.net/index.php?lang=en
http://www.ft.com/home/uk

http://www.investegate.co.uk/Article.aspx?id=201111020700081674R
http://www.investegate.co.uk/Article.aspx?id=201111150700250723S
http://www.investegate.co.uk/Article.aspx?id=201112010705051251T
http://www.investegate.co.uk/Article.aspx?id=201201170700146472V
http://www.investegate.co.uk/Article.aspx?id=201201230701479690V
http://www.moneyam.com/action/news/showArticle?id=4323758
http://www.investegate.co.uk/Article.aspx?id=201204170700164488B
http://www.investegate.co.uk/Article.aspx?id=201205140700212304D
http://www.investegate.co.uk/Article.aspx?id=201205210700407032D
http://www.moneyam.com/action/news/showArticle?id=4430164
http://www.investegate.co.uk/afren-plc-%28afr%29/rns/significant-new-seychelles-3d-seismic-programme/201212120700052973T/
http://www.investegate.co.uk/afren-plc--afr-/rns/2013-half-yearly-results/201308230700063334M/
http://www.investegate.co.uk/afren-plc--afr-/rns/ogo-drilling-and-resources-update/201311190700083404T/
http://www.investegate.co.uk/afren-plc--afr-/rns/trading-statement-and-operations-update/201401280700096280Y/
http://www.investegate.co.uk/afren-plc--afr-/rns/interim-management-statement/201405200700135209H/
http://www.investegate.co.uk/afren-plc--afr-/rns/interim-management-statement/201410300700116483V/
http://www.moneyam.com/action/news/showArticle?id=4942625
http://www.moneyam.com/action/news/showArticle?id=4943375

TheFrenchConnection - 08 Feb 2010 11:36 - 770 of 3666

Amities cynic ..Aww...you hijacked my thread you absolute cad !!. Only joking . !! Really good to see you my old friend. Havent been in UK for past 3 years . Made embarrasing absurd amount of cash shorting FTSE and CAC and DJ six months before property crash.And lets face it - you can only wear one shirt at one given time ect ect . Am in UK for publication of my book reg ex Shell geologist Mr. H's peak oil theory which was always my baby .As you can imagine the actual transcript only took a year to write; but took publishers almost 18 months to abridge and edit ,,hehe.... B/Chance lncidentally ,l was in Port harcourt about nine months ago in Nigeria for nearly three months and "Big Oil" are deserting the delta in droves looking for safer havens . You heard of jubilee field in which BP has a big stake ? or offcoast Angola where BP has a a nine out of nine strike rate yielding a huge amount of oil .? After visit to one of the FPV's -the size of three E/ towers- youd never believe there was a dearth of cheap oil. Reg. lraq .When USA initially blitzed the country they unleashed uranium tipped missiles on a number of heavily defended oilfields and in doing so utterly desroyed not only the fields but caused much suffering not only to the civilian population but to their own men . l have a plethora of disturbing data reg American troops returning home and fathering children with hideous deformities .The % are quite unbelievable Do you rememeber PET whose s/p leapt from 40p to 150p in a week when people thought they would get the dome site and the like. Well if truth be known BP were offered them at that very time .......took one look at the state of play and walked away. |Even when i was there a you dare not go near the place . Black sludge over a metre deep a full k/m from actual doghouse .Much of lraqs fields are in a similar state. Libya looking very interesting as are a number of other "hot spots" Will fill you in as soon as have settled . Much info would prefer to send personally rather than on here . ls that ok ? Same goes for Aldwick . @+ J

cynic - 08 Feb 2010 11:52 - 771 of 3666

hi TFC; though you had died, but clearly the malaria pills worked for you ..... while your comment re nigeria could be true, i think you would find any exodus was only as far as Pointe Noire which, if memory serves me correctly, is set up to service the oilfields in DRC (of course) as well as Angola and off-shore Ghana

feel free to e-mail me ..... once received via the system here, i'll give you a direct and more sensible link

required field - 08 Feb 2010 11:53 - 772 of 3666

It's a ghost.....!.

hlyeo98 - 08 Feb 2010 12:20 - 773 of 3666

China would happily take over the fields in Nigeria if the 'big oil' are deserting.

required field - 08 Feb 2010 12:31 - 774 of 3666

Afren's assets are 80 miles off the coast....let's not get mixed up.

niceonecyril - 08 Feb 2010 12:48 - 775 of 3666

I thouhjt BP are getting out of On Shore Feilds? Looks like the shorters are in control and will play on such doubts,all about holding ones nerve imo as thiers nothing to explain the present drop? In fact news on the horizon regarding La Novmbi with a possible 40mmbls to AFR which has no value in the SP.
cyril

hlyeo98 - 08 Feb 2010 12:59 - 776 of 3666

Very good time to top up, in fact, cyril

TheFrenchConnection - 08 Feb 2010 15:34 - 777 of 3666

Fully concur Mr H98. l think you and cyril have misinterpreted my mailing . Albeit a shorter of well known repute l am far from short on AFR .Four years ago i iniatiated a thread on here waxing lyrical about AFR when sp was 39p. l liked the oppo then: and i continue to hold half of my original holding . lt is " Big oil" who are perceived as exploitative neo colonial/ imperialists that bear the brunt of most of the sabotage.BP alone complain of losing in excess of 200,000 bblsoe every day But AFR is an all African oppo .The difference maybe subtle and perhaps a little pedantic and lost on the yobbos but different all the same . ln saying that i seem to remember the insurgents who are nothing more than gangsters murdered a number of oilworkers when AFR were involved in a j/v with Ascent. But my point being i AM NOT short on AFR. Finally AFR assets are NOT all offshore ! l am not mixed up

niceonecyril - 08 Feb 2010 16:37 - 778 of 3666

Hyeo I confess,just couldn't resist and topped up,which is against my better
judgement as i'm of the opinion that cash is king at present?That said a fair bit of news on the horizon,La Noumbi,yearly results,FTSE 250, Ebok deep drilling and of course the 15,000bopd end of H1. A lot going for AFR so i'm holding mine extremely tight.
cyril

cynic - 08 Feb 2010 17:00 - 779 of 3666

would rather hope it to be coming than going

Balerboy - 08 Feb 2010 18:13 - 780 of 3666

my goodness..... TFC...... takes me long back to the ghost of seo.... lost money then when you two (cynic) got together, took eye off ball.....lol
Never again.....nice to see your contribution tfc..

HARRYCAT - 08 Feb 2010 18:30 - 781 of 3666

"Catching a falling knife" springs to mind. Not really any kind of chart support at 80p?

cynic - 08 Feb 2010 18:57 - 782 of 3666

obvious support is 200 dma at +/-73

Balerboy - 08 Feb 2010 18:58 - 783 of 3666

watch carefully and buy somemore...hello
..
>
~

cynic - 08 Feb 2010 19:38 - 784 of 3666

why is your nose out of joint?

Balerboy - 08 Feb 2010 19:45 - 785 of 3666

at least it doesn't grow like yours.....
..
/
~

required field - 09 Feb 2010 09:12 - 786 of 3666

Looks like a rebound.....crude is up a little which helps....we can't have doom and gloom forever...I hope it continues...

niceonecyril - 09 Feb 2010 09:48 - 787 of 3666

Its good to see a bounce but earLy doors yet and in this besr market we could return back to the 70's with73p beibg a double bootom? At the end of the day
this share should make 150p+? Whether one tries to get in lower,risking missing 80p is up to the individual but i'm sure all will end up making a tidy profit in the not to distant future? aimho
cyril

required field - 09 Feb 2010 09:53 - 788 of 3666

I have loads of this stock and will be patient.

hlyeo98 - 09 Feb 2010 10:03 - 789 of 3666

AFR is a good buy unlike DES. See, I am not all gloom and doom.
AFR is already producing but DES is not at all there yet, so I think it is still overpriced at 96p.
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