< "> edit this post http://www.investegate.co.uk/afren-plc-%28afr%29/rns/trading-statement-and-operations-update/201301210700069619
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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
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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
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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

I don't think so.

We might look back at this as being a great time to buy.....I'm just sitting on a pile of these waiting for the rise....it has to come !.

The TiTiNE-1 well has reached a final depth of 2,550 m in the Djeno formation (Lower Cretaceous). Between 1,775 and 1,875 metres, a siltstone area has shown hydrocarbon indications. As a result of measurements performed at the end of the drilling, it appears that this interval (mainly composed of gas) does not suggest viable commercial development due to its distance from potential markets. The well has therefore been plugged and abandoned."
cyril

This will not affect sp from here imo. Hopefully now it will start to rise. As this is maybe whats been holding us back recently.

a duster will help the sp?

.

Only a 14% interest in the duster though!
I wonder if the previous predictions of 72/73p are not far from reality (coupled with DMA support)?

a duster is a duster is a duster .Even 14% of a duster is hardly the news we had been hoping for . Possibly, as blanche suggests, it could explain static s/p of late as if rumours of T1 were suspected a couple of weeks ago....What we are left pondering is how much the Tie well was factored into s/p ,,,,,,,on face value not a lot looking at reaction of the market.

one could say similar, though in reverse, where TLW "had a result" this morning but sp has only moved 10p as slice was only 7.5%

Sold 15% and topped up my holding in CEY & MML, rather invest my 's in gold then oil.

Am inclined to agree Roly ..Nice play ..Gold bellweather -POG - well up on day . Looks like gold is flavour of the day. Already have a bucketful of cey as u know; but wish id topped up last week

AXA now hold 44,450,247 shares, representing 5.00% of the AFR shares in issue.

Harry 4.1% are indirect shareholdings presumably held on behalf of customers.

nominee holdings becoming the norm now ...years since i held a share certificate

Springing into life at last....about time....oil around $80. ....

Could it be anything to do with the fact we will be ftse 250 member this time next week?
cyril

Possibly...but Afren are pumping about 27000 barrels as we speak and soon that figure should increase by 15000 or so.

ANOTHER GOOD DAY TOMMORROW WOULD BE NICE. PUSH RIGHT THROUGH 50DMA AND CONFIRM BREAKOUT!!!!

Err. it's not a breakout until it exceeds 105 on the chart you have posted.

MA trends suggest approaching that position rapidly