1 April 2008	Oil & Liquids (mmbbls)	Gas (bcf)	Total (mmboe)
1P Reserves	3.85	47.2	11.7
2P Reserves	7.87	97.22	24.1
3P Reserves	16.25	322.39	70.0

The next independent reserve report is expected to be published by 31 March 2009

Asset Summary

Operations Map

Oil Price

Assets:Eugene Island (blocks 172, 183, 184)A-6 well flowing at 498 boepd (374 boepd working interest). Awaiting recompletion from primary zone during Q1 2009. A-7 well flowing at 2177 boepd (1623 boepd working interest). Well originally tested at approx 4000 boepd, but water level have been increasing. A-8 well flowing at 2557 boepd (1918 boepd working interest).Grand Isle (blocks 95, 100) Assessing seismic data, finalising well plansShip Shoal (block 201) Commencing operations during 2009. Fast tracking drill of wells 1 and 2.South Marsh Island (blocks 5, 6) Block 6 due to be drilled in first half of 2009. Installing platform and pipeline.Sorrento Dome Drilling plans finalised. Seeking drilling rig for well 13-1. LDP news - RSS Feed

Just given the christmas tree a hair cut (chop up) watch a bit of tv now . Good evening gibby. Will be ready for tomorrow (xtr) looks interesting as well.

0.25

+0.05 (+25.00%)

morning dc - nice one the tree!! interesting here again today - i wonder if any profit taking before cob - or onwards and upwards further????

some profit taking has started i see - also noted vir has gone up in sympathy....

0.22

+0.02 (+10.00%)

profit taking continues wonder how far down will be on the day @ 12:30?

lol what a yoyo day - blue again :-))!

up again - vir should follow at some point........

satisfactory day at the office :-)))))))))))))))))))))))))))))))))))))))))))))))))))))))))))))))))))))

in fact other office at vir too :-)))))))))))))))))))))))))))))))))))))

gla

Share Price Movement
RNS
RNS Number : 7313V
Leed Petroleum PLC
17 January 2012



17 January 2012

Leed Petroleum Plc



("Leed" or the "Company")



Share Price Movement





The Board of Leed, the natural resource focused investment company, has noted the recent movement in the Company's share price.



The Board would like to confirm that all relevant corporate information relating to the Company has been announced to the market.





Enquiries:









Leed Petroleum Plc


Peter Redmond
(+44) 771 8660727




Libertas Capital


Sandy Jamieson
(+44) 20 7569 650




Rivington Street Corporate Finance Limited


Dru Edmonstone
(+44) 20 7562 3350

John Levinson
(+44) 20 7562 3357

Could be an interesting opening in the morn!!

lol yes - almost a certainty - should be entertaining!!! :-)))))

by fluke i have sold all i had lol - should be a chance to buy back lower - much lower hopefully

i fell another ............ kerrrrrrrrrrrrrrrchinnnnnnnnnnnnnngggggggggggggggg moment here soon....

gla

sorry typo feel not fell

Agree Gibby. Very nice fluke though!

Not so flukey on VIR though I still have that as expected more gains to flow through tomorrow from todays LDP even if LDP stalled - so dependent on the morning will make the decision for me there and of course here - but still good day today thats for sure

LDP starting to bounce

what a day with more news expected????

well loooking at the trades and the buys v sells thought i better have a few. Oh silly me.,.

Viridas announces that it has sold 592,666,667 ordinary shares in Leed Petroleum plc ("Leed") at an average price per share of 0.48 pence or for an aggregate consideration of £2,869,200.

Leed is a natural resources company listed on AIM which has an investment in Manas Coal Limited Liability Company, the main activity of which is the exploration and development of coking coal resources and deposits within the Kyrgyz Republic.


Following this sale, Viridas will continue to hold 166,666,667 warrants to subscribe for new ordinary shares at a subscription price of 0.15 pence per share.


Nicholas Lee, Chairman said:


"Given the increase in the valuation of Leed, and the strong interest in the company being shown by a range of investors, Viridas has decided to sell the majority of its holding in order to make funds available for other investment opportunities. I continue to believe that Leed represents an exciting investment opportunity and so Viridas has decided to retain both a financial interest in Leed and I will also continue as a director of the company.


I firmly believe that Viridas' strategy is capable of creating significant value for shareholders as demonstrated by the substantial return made from its investment in Leed. In addition, I see the current interest in Leed as being an endorsement of our initial investment decision and a strong indication that Leed is set for an exciting future."

interesting day so far