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Cove Energy, new oil offshore East Africa. (COV)     

required field - 18 Feb 2010 08:29

Took a punt on this a few months back....thanks EK...who tipped this and brought it to my attention !.....looks good for Aminex as well...

rekirkham - 18 Feb 2010 08:56 - 2 of 377

Interesting buy - I believe they are looking for oil off shore Madagascar. Sterling Energy have a large acerage off shore Madagascar together with Exxon. I understand that Exxon drilling there was delayed because of the change of Government in Madagascar. I think Exxon may be drilling later 2010 or 2011. I do not know where COV are to drill but SEY are in the north west off-shore. Any progress by one co may reflect on the other. Any finds there could be very big for SEY as they have a massive acerage and should transform the price of COV -
good luck - I'll now be watching COV myself - thanks r-field. -
p.s why Aminex - I do not know anything about them ??

rekirkham - 18 Feb 2010 09:09 - 3 of 377

Just read news - they have a find off-shore Mozambique. This is one to get into now.

required field - 18 Feb 2010 10:44 - 4 of 377

Cove and Aminex are drilling in the same basin off East Africa, one onshore, the other offshore....both looking good...

required field - 18 Feb 2010 11:14 - 5 of 377

I should have got some more this morning......anyway, happy with what I have...

mitzy - 18 Feb 2010 11:41 - 6 of 377

Its never too late..!

required field - 18 Feb 2010 11:46 - 7 of 377

Are you in this one Mitzy ?....more wells to be drilled....so many small oilies drilling this year and probably quite a few ten baggers between now and next year....the thing is to guess which ones ?....Aminex looking good, but a lot in the balance...would drop back to 10p with a negative result....but probably no further as it has other assets that are coming right....anyway : superb result for Cove Energy and more to come...

required field - 18 Feb 2010 12:16 - 8 of 377

Incredible number of buys coming in....looks like a close to a pound stock, later this year....

mitzy - 18 Feb 2010 13:05 - 9 of 377

No I am not invested here rf just looking ..

gibby - 19 Feb 2010 07:19 - 10 of 377

peeps forecasting another strong day similar to gkp early days - i dont follow bb but link attached for perusal: http://www.britishbulls.com/StockPage.asp?CompanyTicker=COV&MarketTicker=Oil%20and%20Gas&TYP=S

gibby - 19 Feb 2010 07:58 - 11 of 377

The Times

TIDDLER TO WATCH

Oil and gas explorer Cove Energy, owned by the serial entrepreneur John Craven, has announced the discovery of a new gas reserve, which has an estimated volume of four trillion cubic feet. Cove holds a ten percent stake in the Windjammer well, located off the coast of Mozambique. The news of the discovery sent shares in Cove Energy up 16.5 pence to 45.75 pence.

required field - 23 Feb 2010 09:02 - 12 of 377

Up again....fab !.

HARRYCAT - 23 Feb 2010 10:37 - 13 of 377

Cor, flippin' heck. Well done rf. Not one I have watched at all, but looks like a tidy profit for investors. Just can't watch them all!

macthicko - 02 Mar 2010 15:05 - 14 of 377

afternoon all! have been in this since it was called Lapp Plats.......looking very interesting here at the moment...Anadarko had a call today....very interesting comment ref Windjammer......

grevis2 - 04 Mar 2010 10:34 - 15 of 377


07:23 Cove Energy PLC (COV) Holding(s) in Company RNS

Total disclosable holding for JPMorgan Asset Management Holdings Inc : 30,449,889 (11.22%)

macthicko - 08 Mar 2010 09:39 - 16 of 377

interesting little rise this morning.......wonder when the next announcement is due.....? is anybody else watching these?

macthicko - 09 Mar 2010 16:10 - 17 of 377

apparently not! pity....there is a piece in one of the papers today about a target price of 59p!

HARRYCAT - 09 Mar 2010 16:26 - 18 of 377

Sadly, not one I am in.

Chart.aspx?Provider=EODIntra&Code=COV&Si

required field - 09 Mar 2010 19:06 - 19 of 377

Loads of drilling to come.....golden age for small aim oil stocks....

mitzy - 15 Mar 2010 08:40 - 20 of 377

i'M IN.

mitzy - 15 Mar 2010 13:24 - 21 of 377

Incredible chart.
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