Nautical Petroleum plc is an independent hydrocarbon exploration and development company listed on the London AIM. The company's mission is to acquire, develop and add value to discovered heavy oil, initially on the United Kingdom Continental Shelf.

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Download Nautical 2007 Annual Report

Hardman & Co. Research note

Looking like a break of 13p is coming, for good.

I certainly hope it does.........

Edison note on "Junior Oils" - mentions AEX, NPE amongst others.

PDF file can be downloaded on the link below :

http://www.esnips.com/doc/128fc9a0-7004-48dd-bf19-57e9a14e1055/JuniorOil


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Rec'd this from Peter Shearlock's small cap stock picks this morning...
Looks ecncouraging...and I've topped up a bit this morning as well!

Nautical success at Kraken

Nautical Petroleums first operated well on the North Sea Kraken field has come up trumps, encountering a long oil column that justifies a material upgrade to earlier reserve estimates. The oil is also lighter than expected, which should aid recovery. Hardman & Co now reckon Kraken alone is worth 13p a share and the whole portfolio, including exploration acreage, worth 31.6p a share. So, with the shares currently trading at 13p (up from Septembers 10p recommendation price), everything else is in for free. With Nautical now moving on to drill the Mermaid field, the shares are a strong hold.

RNS today:
Nautical Petroleum PLC
27 November 2007

Nautical Petroleum (AIM:NPE), the independent E&P company focused on the
development of heavy oil assets in the UK and Europe is pleased to announce that
the Mermaid exploration well 9/11c-13 spudded on 22 November 2007.

9/11c-13 is an exploration well on the Mermaid Prospect which is analogous to
and lies directly south of the Mariner discovery (Block 9/11a). This is
Nautical's second operated well and initial results are expected towards the end
of December.

The interests held in Block 9/11c are Nautical Petroleum plc 50%, Celtic Oil
Limited (wholly owned by SK Energy) 40% and Silverstone CNS Limited 10%.

Commenting on the spudding, Steve Jenkins Chief Executive of Nautical said:
'Mermaid is the second prospect Nautical is testing in our drilling programme,
where the technical work completed to date suggests that best estimate
prospective resources total 129 mmbo. If successful, this will represent a
further material addition to Nautical's resources and reserves.'

This lot look interesting

Glad you think so Big Al.

This is starting to be a frustrating share, it was sat at approx the 12.5p mark before the last RNS which was truly positive, including higher grade oil and lots more of it... and where is the sp now...???!!!

WHy are we not currently higher on this? Does anyeon think we are looking at New Year before we see anything worth writing home about?

Looking at the graph I think the price is nicely consolidating this level and when we do break 13p it will be more sustained. More patience required for the time being. Also I note in the Hardman November update they expect a flurry of news in the coming months.

Anyone looked at other comnpanies lately to see how the volatile markey is affecting them?

Very few are immune.

Evening all.

Warm night.

michaelwalters.com - Heavy Oil - Nautical Petroleum (NPE) [6/11/2007]

Link to ADVFN site I think

pb - the link works and a good idea. Why not put it in the header and I will do likewise

steelwatch (aka oilwatch)

Ha!

I knew it was you you monkey!!!

I really do think your blog over the road is the market leader.............

It's time to update this header in any event here, but I wonder if it's time you opened one here, or the alternative could be for you to post me your work and I claim the credit for it!!

LOL

oilie, are you in TRP?

Could be a biggie.......

pb - I have put a link to this thread on the other side (top right).

Not in TRP alas, but heavily engaged with PVR and NPE. The trouble is, there are so many prospects out there and not enough readies to go round them all :o(

pb - time is at a premium for me and I am happy for you to carry on the good work here as I spend most of my time there. Managed a 20% top up today :o)

Ookayu

"In this ever changing world in which we live in..........."