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AFREN (AFR) Is this the next TULLOW??? (AFR)     

niceonecyril - 04 Apr 2009 08:30

< "> Chart.aspx?Provider=EODIntra&Code=AFR&Siedit 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

halifax - 03 Dec 2009 11:21 - 601 of 3666

somebody seems to be "soaking" them up at 93p

required field - 03 Dec 2009 13:27 - 602 of 3666

Put some in an Isa today...should be good for 150p this time next year !.

halifax - 03 Dec 2009 14:49 - 603 of 3666

yes the "roller" is beginning to vroom!

blanche - 03 Dec 2009 14:58 - 604 of 3666

rf, I will be well dissapointed if these are only 1.50 this time next year. More like 2.50+

cynic - 03 Dec 2009 15:07 - 605 of 3666

goodness gracious! ..... shoddy-man actually enthusing .... whatever next?

halifax - 08 Dec 2009 14:12 - 606 of 3666

Will AFR be in the FTSE250? Getting cheaper by the day.

Balerboy - 08 Dec 2009 14:40 - 607 of 3666

Top up time.

blanche - 08 Dec 2009 14:44 - 608 of 3666

massive bargin. But no money free to top up. get as many as you can bb. gl

cynic - 08 Dec 2009 14:51 - 609 of 3666

or do you mean "top yourself time"?

Balerboy - 08 Dec 2009 15:12 - 610 of 3666

in your case cynic probably yes, bet you got a bucket full of these..

cynic - 08 Dec 2009 15:14 - 611 of 3666

15,000 ..... still quite well in profit, but of course nothing like it was

cynic - 10 Dec 2009 07:43 - 612 of 3666

this morning's rns will not hurt at all!

"The Ebok-5 appraisal well, supplements Ebok-4 drilling success, both of which have exceeded our pre-drill expectations and materially increased the Ebok resource base."

blanche - 10 Dec 2009 08:26 - 613 of 3666

And more to come as well cynic. Thought we might of been up a bit more than we are on this news though. Then again i suppose its still early, They always seem to to move more in the afternoon for some reason.

cynic - 10 Dec 2009 08:33 - 614 of 3666

i think you're right, and from our side we are seeing quite a lot of development activity scheduled for west africa in Q1/2, though i don't think that is for ebok

niceonecyril - 10 Dec 2009 09:33 - 615 of 3666

1st production from E Bok not expected until end of 2010. As with all news nowadays,matket looking for revenue via production,hence imo why only a
small tick up to this excellent RNS.This imv is now more an investment stock requiring patience,not a bad thing as hopefully we'll see in 12 months time a different picture on the ecinomic front?
cyril

goldfinger - 10 Dec 2009 16:51 - 616 of 3666

Some good news out for Afren today.. afr

http://www.investegate.co.uk/Article.aspx?id=200912100700378809D

Chart looks very interesting with a possible opportunity for SP to hit the ceiling of and uptrend channel at around 118p.


Short term chart shows we have a support/resistance line at 85p underpinning the sp.

halifax - 10 Dec 2009 16:52 - 617 of 3666

First production from EBOK due mid 2010.

cynic - 10 Dec 2009 18:12 - 618 of 3666

and no spaceship VLCCs required either!

Balerboy - 10 Dec 2009 21:52 - 619 of 3666

You almost sound disappointed cynic....lol onward and upwards, tally ho!!

HARRYCAT - 11 Dec 2009 08:55 - 620 of 3666

From Merrill Lynch 10.12.09 (summary of article):
"Reflecting the appraisal results and further de-risking other prospects in the Ebok
block, we raise our NAV by 11p/sh to a total of 125p. The stock trades at a c35%
discount to NAV. We see such a discount as unwarranted and re-iterate our Buy
rating. We set a PO of 125p in-line with NAV to reflect the NAV increase."
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