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Northern Petroleum (NOP)     

barclay - 27 Jun 2006 14:50

Star Energy is currently testing the Avington well in Southern England.
This will take about 4 weeks an RNS news feed said, it started on 25/06/06.

I hope it proves positive so we get a good share price rise!
We are 5% holders but i'm not sure how much in pence potential this is worth for the company.

Another good reason to hold on to this share.

TopAnalyst - 12 Jan 2011 21:23 - 209 of 286

Brent Crude oil hits two-year high of $98

Rowena Mason, 19:34, Wednesday 12 January 2011
Oil hit a two-year high of more than $98 per barrel in London on Wednesday, as appetite for risk returned to the market.

Prices have been rising partially due to a leak in Alaskas main pipeline, which carries a sixth of Americas oil. Around 95pc of production from the regions North Slopes has stopped and the pipeline operator only re-started it on Wednesday at a lower than normal flow rate.

There are quite a few good reasons that could explain and verify the current high oil prices, says Myrto Sokou, analyst at Sucden Financial. The recent shut in the key Trans Alaska pipeline, forecasts about heavy winter conditions in the US North East, as well as strong equity markets, could provide further support to crude oil prices. It might be fairly soon that we can see the oil prices back to the $100 level.

However, experts added on Wednesday that the outages and cold US weather did not entirely explain the recent spike, especially given the $6 difference in European and US benchmark oil prices.

This has come about because the price of London oil, called Brent Crude, is rising faster than the price of US crude oil, known as West Texas Intermediate (WTI).

Brent is seen as a better marker of international demand than WTI, which is a landlocked crude stored far away from the coast mainly reflecting US demand.

Global (news) appetite for oil is growing. The US Department of Energy (JJE - news) raised its forecast to 88.02m barrels of oil consumption per a day from 87.78m estimated last month.

Speculators may also be targeting the London oil price, betting that the price will go above $100. Global hedge funds have pumped millions of pounds into oil futures pushing the number of contracts held by financial traders to a four-year high.

http://uk.finance.yahoo.com/news/Brent-Crude-oil-hits-two-year-tele-2422867242.html

cynic - 12 Jan 2011 22:00 - 210 of 286

naughty hali-wali! .... you're behaving like your mentor here and you know it only aggravates TossA

TopAnalyst - 13 Jan 2011 09:03 - 211 of 286

The only TossA round here is cynic, as proven by the crap he posts.

TopAnalyst - 13 Jan 2011 09:36 - 212 of 286

You only need to check other BB's on here for posts by cynic to see what a moron he is. I am not the only one that thinks this, its A CONCENSUS!!!!

cielo - 11 Jan 2011 16:13 - 422 of 440

I think someone ( cynic ) has scape from the mad house.

TopAnalyst - 13 Jan 2011 14:21 - 213 of 286

Moved my NOP cash to EOG just now, reasons below.


As I feared and posted last week following the action against drilling the Adriatic, Sicily is now being targeted by activists, its news in Italy today. They want to use the 'Mediterranean Action Plan', which as one of its aims "to limit and intervene promptly on oil pollution". So not only is the UK facing action in the woods, Shell Italia are facing opposition in Sicily!


Translated from Italian news:

According to data from environmental groups, would be more than a hundred permits required or existing research in the Mediterranean. Many of which affect their own Sicily.

Yet, according to environmentalists, a way to stop the drills there. It's called Mediterranean Action Plan, created under the auspices of UNEP (United Nation Environment Program), the plan foresees the creation of a network of Marine Protected Areas in the Mediterranean. Among these, the most important is just the Strait of Sicily, for some years the object of desire of the oil.

Mediterranean Action Plan
http://www.unepmap.org/index.php?module=content2&catid=001001002

cynic - 13 Jan 2011 14:31 - 214 of 286

so ramp ramp ramp suddenly turned into dump dump dump and let's change horses shall we

TopAnalyst - 13 Jan 2011 14:36 - 215 of 286

cynic, still a prick I see, can't tell the difference between buying and selling based on news and the drivel between your ears. Tossa!

cynic - 13 Jan 2011 14:44 - 216 of 286

oh now i see .... you're just such a brilliant chap, that your exotic utterances of what stocks one should buy or sell are quite beyond my amoeba intellect ..... now how on earth do i EVER manage to make a bean from shares? ..... perhaps a phrenologist could shed some light on that .... anyway good to see that you sign off with your new and apposite handle

TopAnalyst - 13 Jan 2011 14:48 - 217 of 286

cynic, all anyone needs, to know the depths of your investment prowess, is a proctologist.

cynic - 13 Jan 2011 14:54 - 218 of 286

now that's a good name for HMRC, for they seem very keen on taking large samples from me each year

cynic - 18 Jan 2011 20:00 - 220 of 286

sp has not moved since you bailed out, so are you now implying that you have bought back in?

TopAnalyst - 18 Jan 2011 20:47 - 221 of 286

Dunno why sic-nic is posting on here, he knows I have him squelched as I don't need to read his drivel.

cynic - 19 Jan 2011 05:11 - 222 of 286

wonderful ...... fame as squelched by someone at last, even if it is only TossA ..... and of course, if i am squelched, how does TossA know my post was even directed towards him?

TopAnalyst - 19 Jan 2011 08:06 - 223 of 286

1 more post I don't see, from the filtered muppets beavis and butthead I guess LOL!

robnickson - 31 Jan 2011 22:03 - 224 of 286

TopAnalyst, why is the share price of NOP so low compared to their P2 reserve figure ? Even Tempus has pointed out that they trade at only $1.50 bbl.
Using the companies figures 92 million shares in issue with P2 reserve figure of 102m boe, net debt is around 15m. Based on those figures the shareprice should be alot higher.
Thanks in advance.

TopAnalyst - 31 Jan 2011 22:14 - 225 of 286

robnickson, share is unloved!

Two brokers moved to hold from buy recently. Some have targets of 186p so there will be a lot of selling above 150p, a big limiter to near-term upside. You can see the broker rec's on Digital Look, free to register.

I sold out and moved the cash to EOG as the risk is much lower. The EOG MCap is much lower and has a very good chance of being a 10-bagger within 18 months. NOP could only really be a 5-bagger and they are also far more risky too. Pays yer money and takes yer choice ;)

robnickson - 31 Jan 2011 22:29 - 226 of 286

Thanks for the quick reply, i used to have EOG shares but sold out. NOP had a sudden shareprice upswing today.
Good luck with EOG.

cynic - 01 Feb 2011 08:17 - 227 of 286

rob - a rhetorical question really .... forget all this crap about "baggers" ..... in hard cash, would you risk the same amount in an amoeba company as you would in properly established one in the same field? .... personally, i would not

whether or not EOG is a sure-fire winner as TossA consistently insists, is still very much open to question ..... it happens that i have a small investment in EOG as i think it's very high risk, but an awful lot more in the likes of PMO and TLW

robnickson - 02 Feb 2011 17:17 - 228 of 286

cynic, so your opinion is that the management at NOP is poor ? Dont have the big guys PMO or TLW in my portfolio but the smaller oilies are doing just fine, XEL, NPE, EO, and still waiting for PTR to takeoff !!!
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