http://www.granbyoil.com/





* Granby, established in 2002, is one of the leading new generation UK North Sea exploration businesses
* Granby has developed a highly attractive UK North Sea exploration portfolio with net prospective resources of 281 mmbbl (risked net prospects of 59 mmbbl)
* The first exploration well on the Marquis prospect in block 21/6b is due to be drilled in late June to early July 2005
* In addition, the company is in the process of finalising negotiations for access to a potential offshore oil field development in the Philippines
* The combined management team includes five former executives with a broad range of skills each with over 20 years experience in the oil industry, principally with Enterprise Oil plc
* Granby has a track record of identifying exploration prospects and creating development solutions as well as having the commercial skills required to farm out and conclude innovative commercial deals
* Granby has recently submitted licence applications in the 23rd Round

RNS's from GOIL can be viewed at:

http://www.uk-wire.com/cgi-bin/index?search_type=3&words=goil&go.x=15&go.y=9

syd, I will answer your question later or tomorrow, bit busy at the mo but don.t worry cos IMHO you will be rewarded. All shares drop but this was overdone cos it cost them NOWT!!
If you wanna email me then do it through the private message thing on MAM.
wilbs

Very interesting read, puts it perspective.

http://www.kbcpeelhunt.com/pdfs/mmeetings/GOIL30Jun05.pdf

I buying more tomorrow!! at 80p a share thats a great bargin.

Looks good don't it?

Hi all.
This is from the Guardian. I don't agree that it was an embarrassment for the broker, after all, they don't have crystal balls!!

Among the small caps, Granby Oil & Gas was the main talking point. Shares in the "new generation" North Sea explorer slumped 48.5p to 81p as the City reacted to Wednesday's late news that its first well contained nothing but water. The news will be something of an embarrassment for broker KBC Peel Hunt which brought Granby to Aim just over two weeks ago at 84p.

http://www.guardian.co.uk/business/story/0,3604,1518685,00.html

That was a good find Oracles, thanks for that. Like you say, it puts it in perspective. IMHO I think the sp will recover very soon to 100p, even more so when we get nearer the update on Galoc development. Nothing has changed, still a good company.

wilbs

Some investors lost apile on goil and fire insullts what abad loser WILBS, WHY NOT BUY CHEAP ,SELL HIGH PHILOSOPHY,APPLY IT TO SISTER COMPANY ELP ONLY LOST 7 PENCE UP 1 PENCE TODAY 20/ 23 SP. SPREAD.

Same loss suffered by ros, rgp pci,etc.

Anyone still holding this? or am alone on this one.

Still here syd, holding for long term.

Glad to know your still in Wilbs, looks like everyone is leaving. when do you think we should get some news? and will that push us back into the 100s?

Hi wilbs,

Something that might be of interest I have just got off the phone from someone at Granby today to see what we can expect in the short term. Basically nothing new was mentioned because this might be price sensitive but was mentioned was they are in the final stage of finalising the Galoc offshore oil development in the Philippines, and that these are already known to contain oil and that this may be the next item of positive news to released.

Wednesday 6th July 2005

Granby Oil and Gas plc

S.198 Notice of Interest in Shares

Granby Oil and Gas plc hereby announces that it was notified today of the
following Interests in Shares of the Company.

Beneficial Holder Shareholding Percentage of Issued
Capital

Tudor Capital (U.K.) L.P. 1,017,024 3.96%
**

Artemis UK Growth 1,423,929 5.54%


** 661,066 (2.57%) held by The Tudor BVI Global Portfolio Ltd and

355,958 (1.39%) held by Tudor Proprietary Trading LLC

Enquiries:

Granby Oil and Gas

David Grassick, Managing Director 07785 921080

david.grassick@granbyoil.com

Nigel Burton, Finance Director 07785 234447

nigel.burton@granbyoil.com

College Hill

Ben Brewerton / Jim Joseph 020 7457 2020




END

Going back up in the right direction now up 17% this morning.

Looks like this is turning, few buyers starting to come back in now, sp up nearly 2%

Wilbs,

You know when we should here some news from this?

Hi syd, sorry ive not been posting, had a few probs.
The Philippinesdeal is what we are waiting for, can't be too long away now, if I get time I may call them.
wilbs

Wilbs are you still in BFC ??

Ive got a few jimmy, sold most of them a few weeks ago for a small proffit, bit gutted but never mind. A bit too high to get back in, ill keep watching though.

I think it's a good play for the next few months wilbs..

I will see what happens and may do some day trading on it. Got a 3.6% spread at the moment.