From the Financial Times this weekend

Solo Oil , which is chaired by David Lenigas, rose 15.4 per cent to 0.75p on talk it was close to announcing its first deal.

I'm on board this morning..good story developing here (imho) ... onwards and upwards... anyone else in ?

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Worth a read :

http://boards.fool.co.uk/solo-oil-halves-option-exercise-price-12104125.aspx

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I'm still in these from a while back although I did sell over half my outlay a few months back to put into RRR which paid back handsome gains,

Here's hoping that 2011 will be the year that we see some good progress with this one!

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Yep, it's looking good!

RNS Number : 9324A

Solo Oil Plc

09 February 2011

For Immediate Release

9th February 2011

SOLO OIL PLC

("Solo" or the "Company")

Update: Drilling by Reef Resources, Canada

Solo Oil plc, the AIM listed International Oil and Gas Exploration and Development Company, today announces the spudding of the Ausable#5 well in South Western Ontario by its Joint Venture partner Reef Resources Limited ("Reef").

Reef's announcement; to the Toronto exchange, reads:

Reef Resources Ltd. (REE - TSX.V) ("Reef" or the "Company") reports spud of its Ausable # 5 well on February 8, 2011. Drilling and coring will continue over the next three weeks with completion expected before break up.

The well will be cored and data used to develop the Company's gas storage asset and assist in determining horizontal drilling locations and trajectories for the first phase of the Natural Gas Recycling and Enhanced Oil Recovery ("EOR") program. The Ausable reef is currently on production and is generating revenue from the initial Enhanced Oil Recovery Natural Gas Recycling program which commenced in 4th qtr 2010.

Once Ausable #5 is completed the drilling rig will recover the stage frac tools that have delayed production from the Ausable # 2 horizontal well.

Solo Executive Director Neil Ritson commented; "We are delighted that Reef have been able to commence these key operations which will contribute to both production and the necessary knowledge to embark on the EOR scheme which is at the heart of this project."

Enquiries:

Solo Oil plc

cool! shaping up nicely!

Solo appears to be forming a pennant.

Excuse the ignorance, but is that good?

After a strong rise, its meant to be a bullish sign.

Ah, thanks.

Interim results.

Superb Solo.

Drilling Results.

Results show the presence of 72 metres of net hydrocarbon bearing pay in the main producing intervals. The presence of porosity containing oil, natural gas liquids and natural gas is demonstrated by the electric logs and by inspection of the cores cut in the reservoir zones. Further core analysis is planned and the well will be completed as a production well. The results of the production test results and the full analysis of the cores will be announced once available.

Cool..!

1.05p offer price.

Looking good!....

Missed out on this one....any idea of what sort of production they are talking about ?......not sure if I should jump in...perhaps too late....well done those in on this...what a turnaround...going solo down in acapulco....damn....

Sold half of these this morning for +1.2p (+200%)

Might be another surge because of tests ongoing plus probably more wells to be spudded.....might and I say might hit close to 2p....