heard earlier acquisition next week bought 2x500k.
http://www.saxonoil.com/operations.htmOperations

Saxon experienced strong growth during 2008, fueled by timely property acquisitions, successful drilling opportunities and workover operations, and favorable commodity prices.

Saxon currently has production in the United States from wells located in Louisiana, Texas, New Mexico, North Dakota, Oklahoma, and Kansas. Saxon, through its wholly owned subsidiary, Central Kansas Gas Gathering System, owns 240 miles of gas gathering systems in Central Kansas. In addition, Saxon owns a 20% membership interest in AleAnna Resources LLC, which has a significant acreage position in the Po Valley, Italy, 100% ownership in Hidrocarburos del Cantabrico in the Asturias region of Spain, and a 10% interest in Preset Drilling of Oklahoma.

Saxons largest base of operations is now in Kansas, where it operates and holds majority working interests in 30 oil wells on 18 leases in north central Kansas. Saxon purchased these leases in August 2007 and since that time has carried out a number of successful workover and maintenance operations. In 2008, the assets of Central Kansas Gas Gathering were contributed to a 50/50 joint venture with a Kansas operator to form Mid Kansas Gas Gathering, operating over 440 miles of gas gathering systems across a 10-county area of central Kansas. In addition, in 2008 the joint venture returned a substantial portion of the pipeline system to production, acquired producing oil and gas properties and drilled a successful shallow gas exploration well.

Saxon has significant oil production from working interests in fifteen wells in New Mexico including the prolific Eumont State No. 1 exploratory discovery announced in 2008. Saxon has interests in nine oil wells located in the Last Chance, Ambrose and Catwalk fields in the Williston Basin of North Dakota where development of the prolific deeper Bakken shale reservoirs is occurring. Saxons primary gas production comes from interest in twenty-seven wells producing in the Lasley Field, a Red Fork formation gas field located on approximately 2,000 leased acres in Caddo County, Oklahoma and from ten Cotton Valley formation gas wells located in the North Tatum (Oak Hill) Field in east Texas.plusmkts buying 04/12/2009 14:06:23 0.13 250,000 O 325.00
04/12/2009 13:34:54 0.13 250,000 O 325.00
04/12/2009 13:33:35 0.13 500,000 NB 650.00
03/12/2009 15:28:50 0.14 2,142,860 NB 3,000.00
03/12/2009 14:06:12 0.13 375,683 NB 484.63

Probably a MM desperately trying to get rid of his shares to some poor unsuspecting PI

;-)

Nope he's a guy from Scotland, known about him for many years, spams numerous
sites for pump and dumps with rumours he makes up himself, what is disappointing
is the FSA do nothing about him despite being made aware of this conman.

current mkt cap 380k.590k cash/+590k on the 31st dec/+666k in march =1.84m cash=a minimum 5xbagger.plus acquisition of oil play shortly. 13. Contingent assets

On 9 January 2009, the Company sold its interest in Energy Assets Limited, a wholly owned subsidiary of the Company and its principal trading entity.

Under the terms of the sale agreement, the Company sold the entire issued share capital of Energy Assets Limited to Macquarie Energy Assets Holdings Limited, a wholly owned subsidiary of Macquarie Group Limited, for an aggregate consideration of up to 1,848,572 payable in three tranches:

(a) 590,953 of the consideration was paid to the Company at Completion;

(b) 590,953 of the consideration is to be paid to the Company on 31 December 2009. Of this amount, 515,239 is unconditional and 75,714 is conditional upon Alan McKeating and Philip Bellamy-Lee remaining in employment with Energy Assets Limited at 31 December 2009; and

(c) up to 666,666 of additional consideration is payable to the Company on or about 30 June 2010 conditional upon the net profit attributable to the activities of EAL and Pulse 24 Limited (a wholly owned subsidiary of Macquarie Group Limited) for the financial year ended 31 March 2010 being equal to or exceeding 3,000,000.

1.84m cash for rumoured texas gas/producing asset how high

Have you ever looked back at all the names you have posted under here and advfn and every single one of them uses "rumoured" or "rumours", they dont exist, you make them up then dump and vanish.

Wether it's holmes, devlin, moreforus, oilandgasman or your current oiilbrat it's the
same rubbish, about time you knocked it on the head ?