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

RNS Number : 1088B

Xtract Energy plc

11 February 2011

AIM: XTR

XTRACT ENERGY PLC

("Xtract" or the "Company")

Exercise of warrants and TVR

Xtract Energy plc announces that today, following an exercise of warrants at an exercise price of 2.5p, 20,000,000 ordinary shares of 0.1p each (the "New Ordinary Shares") have been issued in the Company.

Application has been made for admission of the New Ordinary Shares, which will rank pari passu with existing ordinary shares, to trading on the AIM market. Admission is expected to occur on 17 February 2011.

There are no further outstanding warrants in the Company.

Following admission of the New Ordinary Shares, Xtract will have 914,965 026 ordinary shares in issue and each share has the right to one vote. Therefore for the purposes of the FSA Disclosure and Transparency Rules the total number of voting rights in the Company is 914,965,026.

The above figure may be used by shareholders as the denominator for the calculations by which they will determine whether they are required to notify the Company of their interests in, or change to their interests in, Xtract Energy plc under the FSA's Disclosure and Transparency Rules.

Large top up today. Giving the company away. Taken a large position late today.

is it ever going above 4p and staying there??

Going to be the share of 2011

you sound like gibby.....all we need is a kkkkeeeeerrrrrrrrching.,.

Being serious it did fall hard today. As long as it does the reverse, it does look good
in the next few months.

Seen on another site, they are suggesting a large buyer in the back ground, bring it on.

The company has circ 914 million shares of which 3,697,459 were traded today.
The share price drops 8.45% someone is having a laugh. Am I missing something ?

Does anyone still own this stock.

unfortunately yes....my own fault we had a brief moment not long ago when sp was above 4p could have gone out with small profit but didn't.,.

This stock is going to be long term. How long, I can't tell you.

Some large purchases today, selling also. I think people are just starting to take notice of this share.

I've topped up, (or averaged down!) this week as this is the only share of mine at the moment dragging me down...i predict a turn...lol, well it must do soon im not a long term holder of any share and this is testing the boundaries

I feel the same, you get to a point and wonder should you stop topping up. Mine average 3.65.

why do we seem to so often sell the good un's and hold onto,or even buy more of the bad un's? maybe the profitable good un's have to help us pay for refusing to sell the bad un's and maybe even buying more of them.
that is predicting a bottom.
why not just buy some more goodun's? or do we need the sale proceeds to help us buy some more of the others? sort of throwing good money after bad, as they say.
it must be human nature.
good luck to you all
regards
jkd

917,000 buy at 16.30 hrs someone has faith. Lets have a blue day tomorrow.

Looking at todays buy/sell. Like for the last 3+ trading days, How are there no
buys.
Odd?

+21%, 1 more day like this and I will be back square

Would be nice to see this back in the 4's

Any reason for the near 23% rise other then being over sold.