< "> edit 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

http://www.bloomberg.com/apps/news?pid=20601087&sid=aMHlZrwfyOAQ

Good news for Afren.

Any idea why the recent drops in SP ?

Over bought I would have thought. Nothing goes up in a straight line. It wasn't that long ago that these touched around 15p.

Most of the big risers over the last few months are starting to reverse.

It should bounce off the 25 MA as it did before - Could be a good buying opp imo

makes me wonder of the buy at 2million at 08.07 hrs today was really a sell

Starting to look like a bargain at this price : 82p....a few weeks ago this would have been a joke !.

garbage

This should be over a pound and will be soon as long as crude doesn't crash....82p looks cheap to me...marni : you talk some crap at times !.

This is set for a very strong rebound...only going down in sympathy with the market....ftse has taken quite a knock but why has this dropped ? ; no bad news as yet, crude at the moment is holding up well....so shorters in the vicinity ?.

hit 77p today so not talking crap at ALL........try not to wet ur pants every few minutes when sp falls a few pence

89p....superb rally....was very cheap this morning and still worth buying for the long term !.

78p wa a good top-up opp.! to good to stay at that price, mm making the best of the recent sell-off/correction.

Got some more yesterday...not quite so good but this is a 120p stock by next march or so.....buy and keep now.

was hoping 120 before March, well I was last Friday, now, well you could be right market is getting jittery again.

This will be 1.20 by xmas!

Hope so.

Gasol on the move today chaps. Been down to long.

Is the sp being held back by political problems in Nigeria?

more likely through boredom and lack of news

Highlights

Ebok-5 appraisal well - drilling update


u The Ebok-5 appraisal well has encountered 182ft of gross oil pay in the D1 reservoir and 84 ft of gross oil pay in the LD-1E reservoir

u Extensive log and pressure data has been acquired over these intervals, which are currently being analysed

u Results confirm pre drill estimates of Ebok West Fault Block volumetrics

o De-risks 92 mmbbls STOIIP, 25 mmbbls 2P recoverable

o Provides further validation of Afrens amplitude based model

u The Ebok-5 appraisal well is currently drilling below 3,350 ft and will continue to test deeper objectives in the D2 and Qua Iboe sands

u The results to date increase the total Ebok project to 78 mmbbls 2P recoverable reserves, with upside resources potential of 74 mmbbls


Phase 1a Field Development Plan Approval

u Ebok Phase 1a FDP approval received from Nigerias Department of Petroleum Resources

u The development plan comprises five horizontal oil production wells in the D2 reservoir, one horizontal oil production well targeting the D1 reservoir and one water injection well in the central Fault Block 1 and Fault Block 2 areas of the field

u All wells will be drilled from a single field location via

cyril