Xtract Energy - looking for oil in shale. Feasible and cost effective? Anyone in these at present?

That would be nice having just dipped my toes.

You were right Rodders, a small tick up before the closing bell. Would be nice to see more tomorrow.

MEO suspension - farmin partner likely reason, a Japanese or Korean candidate is rumoured.

Rodders

Hi rodders, see you didn't start thread after all, but now there is one, great. For any new holders that are not aware of the full potential of this share, it would be a good idea to read through the COIL threads for a good historical background. Good luck to all holders.

Hi oilyrag - One very valuable assett that MEO holds right now and hasn't yet been mentioned here or fully appreciated by the market is their ''landing rights'' for their oil and gas and of course 3rd party production as well. It is unprecedented that a tiddler like MEO could have achieved this, but they have and with no further landing permits likely to be passed in the area over the next 10 years.....you get my drift.

Rodders

Thanks oilyrag. I'm looking forward to a long and profitable ride.

Tick up on the bid.

Rodders

MEO due for re-listing on 4th June after announcement I'm in too.

Good day today. Another tick up tomorrow will be a nice way to end my first week as an XTR shareholder.

Well I,ve been in it since the days of Silver Mines Media. Whats worse is that I'm still 3p per share down, but theres light at the end of the tunnel.

Wasabi (WAS) XTR 18%, Rum Jungle moving closer to floatation....

http://www.asx.com.au/asxpdf/20070601/pdf/312rctmcpkv94v.pdf

Rodders

Moving up nicely tks for the tip!

Found some cash down the back of the sofa and decided to have a go at this.

In at 7.49p. Good luck to all.

smart move I reckon....

nice chart...and nice volume earlier in the month to kick start a move...
Large volume going through today as the price moves up..

Right: XTR Bid: 6.75p Offer: 7.75p Change: 0.5, 2.3 mil traded.

Bid was up to 7p, but got kicked back down again on a flurry of sales.

FWIW the mkt cap has pushed through 50 mil (currently 51 mil), so could provoke some institutional buying.

A nice climb throughout the day, closing at Bid: 7p Offer: 7.75p Change: 0.625 on 6.6 mil traded, including a couple of half-mil buys towards day's end. Augurs well for more of the same next week, but WDIK.

Surely we ought to see this one back above 10p shortly?

PDYOR anyway.
ST

.

Welcome on board soul traders. Great week for XTR, let's hope for more of the same next week!

See ASX MEO announce farmin with Petrofac.