skyhigh
- 19 Oct 2009 08:28

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 ?
mitzy
- 13 Apr 2011 11:50
- 129 of 429
Superb Solo.
skinny
- 13 Apr 2011 11:51
- 130 of 429
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.
mitzy
- 13 Apr 2011 11:57
- 131 of 429
Cool..!
mitzy
- 13 Apr 2011 11:57
- 132 of 429
1.05p offer price.
skyhigh
- 13 Apr 2011 13:00
- 133 of 429
Looking good!....
required field
- 14 Apr 2011 09:18
- 134 of 429
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....
skinny
- 14 Apr 2011 11:47
- 135 of 429
Sold half of these this morning for +1.2p (+200%)
required field
- 14 Apr 2011 12:04
- 136 of 429
Might be another surge because of tests ongoing plus probably more wells to be spudded.....might and I say might hit close to 2p....
skinny
- 14 Apr 2011 13:56
- 137 of 429
one (American) billion traded today so far.
skinny
- 19 Apr 2011 07:05
- 138 of 429
For Immediate Release (7 am)
19 April 2011
SOLO OIL PLC
("Solo" or the "Company")
Ausable Field, Canada
Solo Oil plc, the AIM listed International Oil and Gas exploration and development Company, today announces its Joint Venture partner Reef Resources Limited ("Reef") plans for the further development of the Ausable field in South Western Ontario.
Reef has indicated that it plans to carry out flow testing in the recently drilled Ausable #5 well and that the well is expected to be on production within six weeks. Reef has also announced its plan to prepare for the drilling of four additional wells in order to advance the development of the long term Enhanced Oil Recovery and Natural Gas Liquids Program.
Reef's announcement, to the Toronto exchange, states:
April 19, 2011 - Calgary, Alberta - Reef Resources Ltd. (REE - TSX.V) ("Reef" or the "Company") reports that the Company has agreed to complete and flow test the Ausable #5 well in SW Ontario, Canada.
A decision has been made to mechanically complete the well and to conduct flow tests on the basis of the existing data. Further analysis of electric logs and cores from the wells will continue.
Following production testing; the well will be connected to the existing central production facility and placed on production as an oil and natural gas liquids (NGL) producer. The Company's objective is to have the well on production within the next four to six weeks.
Due to the presence of extensive oil and natural gas liquids pay zones in the Ausable #5 well, the Company will now begin detailed scheduling for the drilling of the Ausable #6, #7, #8 and #9 wells and the expansion of the Ausable production facility. Currently it is hoped to complete this additional work by the end of 2011.
The Company will issue additional status reports during the testing and completion of Ausable #5 and as plans for the full Enhanced Oil Recovery and Natural Gas Liquids Program (EOR) are finalised. The Ausable reef is currently on production and is generating revenue from the initial EOR program which commenced in 4th quarter 2010 through the Ausable #1 and #4 wells.
Company President, Arnie Hansen, commented: "We see this as a turning point in the development of the Ausable Reef as the results of the well fully support our geological model and demonstrate the viability of the EOR scheme. We look forward to a busy period over the remainder of the year as we plan and execute the necessary well program."
Neil Ritson, Solo Executive Director commented:
"We are pleased that Reef have now committed to the testing of the Ausable #5 well and that they are actively considering how to further develop the potential of the field, work that we anticipate can be carried out largely with internally generated funds."
skinny
- 20 Apr 2011 07:43
- 139 of 429
For Immediate Release
20 April 2011
SOLO OIL PLC
("The Company")
Equity Placement, Total Voting Rights
Solo Oil plc (AIM: SOLO) the oil and gas exploration and development company with assets in Canada and Tanzania is pleased to announce that it has raised gross proceeds of GBP2.1 million in a placing to institutional investors of 150 million new ordinary shares of 0.01p each in the Company at 1.4p per share ("Placing Shares").
Subsequent to the issuance of the Placing Shares the Company will have 2,230,320,634 Ordinary Shares in issue.
Application will be made for the Placing Shares to be admitted to trading on AIM and these will rank pari passu with the Company's existing Ordinary Shares. Dealings on AIM are expected to commence by 12 May 2011.
The funds raised will be used for further near term investments and working capital.
skinny
- 26 Apr 2011 16:06
- 141 of 429
Half a billion traded again today.
TopAnalyst
- 26 Apr 2011 18:13
- 142 of 429
I am removing ALL my research from here due to the constant personal abuse, defamation and distortions of it posted by:
ptholden
hlyeo98
halifax
blackdown
kimoldfield
cynic
This bunch of abusive retards is the reason MoneyAM will NEVER have a forum worth reading.
I have reported them to support by they do nothing, either because they want to force me to PAY them for the Traders Room or because they are too lazy to do anything. Maybe the people in support are the ones perpetrating the abuse, so as to force people to pay for the premium boards. Either way the service is sh1te and a disgrace to the finance industry. No wonder there is nobody left here apart from morons.
I will continue posting my good research on boards that are run in accordance with FSA and LSE listing rules and the interests of the market, not here where ar5eh0les rule the boards and all decent research is buried under their piles of sh1te.
the manageress
- 26 Apr 2011 19:28
- 143 of 429
Weird! You seem to be repeating the same thing on all the threads, even ones you've never posted on before.
Balerboy
- 26 Apr 2011 21:04
- 144 of 429
Attention seeking twit.,.
Balerboy
- 26 Apr 2011 22:06
- 145 of 429
Thank goodness for TA.......broke up very boring day otherwise, weldone mate.,.
skinny
- 27 Apr 2011 08:10
- 146 of 429
2p or not 2p?
required field
- 27 Apr 2011 08:14
- 147 of 429
Damn..sold out at 1.57p and was happy with that last week.....2p now.....
skinny
- 28 Apr 2011 07:29
- 148 of 429
Exercise of Options
Solo Oil plc today announces that it has issued and allotted 30,500,000 new Ordinary Shares of 0.01 p each pursuant to an exercise of 30,500,000 options at an exercise price of 0.5p.
Application will be made for the new ordinary shares to be admitted to trading on the AIM Market. The new ordinary shares will rank pari passu with the existing ordinary shares in the Company and trading of these shares on AIM is expected to commence on 6 May 2011.
Following admission of the new ordinary shares as set out above, and of the 150,000,000 new ordinary shares issued under the placing announced on 20 April 2011, the Company's enlarged issued share capital will comprise 2,260,820,634 Ordinary shares with one voting right per share. There are no shares held in treasury. The total number of voting rights in the Company therefore will be 2,260,820,634 Ordinary shares.