.

Goodbye

hmm; an interesting reversal of actuality methinks, but do we care? ..... not a lot as someone used to say as a catchphrase

There will be a lot of selling, once the report is made public. I think a lot of people will
move to other stocks.

Looking at my watch list.....glad i went off spraying today.,.

i thought you were an emu not a tom cat

dreamcatcher - have i missed something, but what do you know about the CPR that seemingly no one else does?

No way will the cpr be in any way a disapointment, its going to be very good. I just feel the company could have done more to keep people informed about the delay in the cpr. We have had several dates given for the cpr and all have passed. I do not under estimate it is a huge job. We all have hard earnt money in this company and my own personal veiw is the company is falling short in keeping its shareholders informed.
Do not set dates for the cpr if they cannot be met. I have a large holding here.

Just been on some other boards. People are saying a delay is fine as they want this cpr correct but please just keep us informed.

Its against human ( and company) nature NOT to release good news as soon as possible.

Think on that.

i know that truism too and it does cause considerable concern

Job offers come by phone; rejections by letter.

Good to see us blue, keep going.

I feel an iii inspired rumour spike in progress, fingers hovering on the sell button.

Not much going on on the markets, oil rising but not sparking the share prices very much.....bit of a lull in exploration news as well.....I'm just waiting on a lot of companies....XEL being one of them.....not sure about SEY,....stuck in that and might get my fingers burnt there.....but others hopefully will make up for one or two duds....

Interesting post borrowed from the other side.......keeping an open mind and fingers crossed:

d000dler - 28 Apr'11 - 08:44 - 27481 of 27482


Ok,have I got this right?
We have Statoil's AGM scheduled for 19th May - a day after XEL's AGM and 'Special' meeting - coincidental? 'Special' meaning a resolution being tabled which requires a 75% majority for it to be carried - must be important then.
Fugro seismic boats contracted to Statoil and XEL trawling adjacent areas of seabed contemporaneously - perhaps collecting more detailed data for the RR to maximise value?
A CPR which has been shelved in favour of a RR (to protect IP relating to heavy oil extraction) which has been anticipated for the last month or so and could be issued any day.
Rumours of Statoil opening an Aberdeen office soon and some brinkmanship with Georgie Osborne regarding viability of the Bressay/Mariner fields to the North of Bentley in the current tax regime.
I smell something bigger going on in the background than what's currently available in the public domain.
Further research required so I'm off to Banchory Tesco's to camp out in the Champagne aisle :-)

We have got it right, the cpr is due this easter 2011. Just wondering if it was 2012.

i phoned the company to have a little whinge about the lack of investor info being put out, not least because the CPR was promised (again!) on/before easter ..... it seems that the director(s) whose responsibility this is had decided that a bit of salmon fishing or somesuch took precedence and will not be back at the office until tuesday - how nice for them!

the charming receptionist said she would contact said director(s) on mobile and ask one of them to call me - i pointed out that i would also be in the office tomorrow as international biz does not grind to a halt for a wedding and would be easily contactable

i shall report further in due course

Well done Cynic, we are grinding to a halt.

750K p.a. and salmon too,

hmmmm

XEL were as good as their word and i have had the call returned ..... me, among others, were expecting the (easter) rns to be a CPR ..... not so; it's a reserves update which, though assessed by an independent 3rd party, is slightly different

it was (truthfully) pointed out that though this report had been hoped for by easter, it was not actually promised ..... it was also fairly commented that it is far better to be a bit late than to rush out a report that subsequently turns out to be inaccurate

nevertheless, it was acknowledged that us poor PIs felt somewhat bereft of news and i hope that that will be remedied, even if only by way of a non-event rns saying that the reserve report will be published asap

Thanks Cynic, sometimes you feel these companies forget common sense. They get so involved in their work and forget the investors.