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.

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.

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

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 !!!

that wasn't the point of my post ..... the point was related to the amount of CASH that i would put into a given quality of stock - e.g. not much into EOG (very high risk), rather more into EO when i held it, and loads more into PMO and TLW

i don't go in for this macho posturing of "x stock was a 10-bagger for me" ..... i am happy to make a profit and prudently bank from time time, or even cut losses .... i neither profess nor pretend to expertise in any field, but merely pick and choose, often based on momentum and paying attention to at least a few posters on this BB ..... for sure i've picked some stinkers or got the timing completely arse over tit, but certainly overall for the last couple of years, i have made (BANKED!) some sizeable contributions to my bank manager

OK, well done. If it makes you money Go For It !
Now then off to read the Naked Trader by Robbie Burns.

Should it be moving up soon?

It's been rather static recently - Any thoughts?

Today might be a disastrous day for NOP.

oops! indeed - take xel last upgrade rns and it tanked - nop have reduced! however see some opportunities for an interesting day ahead here unless you are unfortunate to be in already before this not good at all rns

gl

exit doors already spinning

70p on the line

As I predicted, 74p now and looking gloomy.

Looks like NOP has been mining more water than oil from the rns.

What on earth have they done ?.....bad news this.....TW will not be pleased....

The fall is overdone imo.

At Wijk en Aalburg, which came into commercial production in December 2010,
Northern has experienced the production of increasing quantities of oil,
followed by increasing quantities of water, which has now affected production
levels.

There are several possible explanations for such behaviour. A possibility could
be a near borehole build up of asphaltenes inhibiting flow. The well also has a
geological fault intersecting the base of the reservoir sequence which may be
acting as a conduit for the influx of liquids. It could also be a delay to
influx of lower permeability reservoir matrix gas, as at Grolloo. The issues
are being addressed and instruments were placed in the well on 25th May as a
first step in the determination of possible interventions. The carrying value
of the Wijk en Aalburg field as at 31st December 2010 is approximately 8
million. If the well interventions are ultimately unsuccessful, then Northern
would expect to see significant non cash depletion and impairment charges to
the income statement within the results for the year ending 31st December 2011,
the exact quantum of which would depend on, inter alia, future field
performance and gas prices.

It should be called Southern Petroleum.

Reserve estimates for Geesbrug, Grolloo and Wijk en Aalburg, the Company now expects to report a loss after tax for the year ended 31st December 2010 as a consequence of the resulting additional non cash depletion and impairment charges to the income statement.

Average production for 2010 was approximately 1,200 barrels oil equivalence per
day. The Company expects to report 2010 revenue of approximately 15 million,
broadly in line with market expectations.

Average production for the first four months of 2011 has been just over 1,900
barrels oil equivalence per day.

On average Dutch gas prices have increased by approximately 13% over the first
four months of 2011.

At Grolloo, which started commercial production in late 2009, the initial plan
had been to install compression and or other surface equipment to aid and
increase production once the pressure had stabilised and there was an
observable influx of supplementary gas flow from the lower permeability
reservoir matrix, allowing for the basis of design for the equipment. Until now
no such stabilisation has been observed.

Northern considers that it is not feasible to add compression in time to make a
material impact to 2011 gas production. In conjunction with preparation of the
Annual Report and Accounts for 2010 and for the purposes of production
projection and reserve assessment for the Grolloo gas field, Northern has taken
the decision to adopt what is considered to be the more conservative view that
pressure support from lower permeability reservoir matrix will not occur.

At Wijk en Aalburg, which came into commercial production in December 2010,
Northern has experienced the production of increasing quantities of oil,
followed by increasing quantities of water, which has now affected production
levels.

There are several possible explanations for such behaviour. A possibility could
be a near borehole build up of asphaltenes inhibiting flow. The well also has a
geological fault intersecting the base of the reservoir sequence which may be
acting as a conduit for the influx of liquids. It could also be a delay to
influx of lower permeability reservoir matrix gas, as at Grolloo. The issues
are being addressed and instruments were placed in the well on 25th May as a
first step in the determination of possible interventions. The carrying value
of the Wijk en Aalburg field as at 31st December 2010 is approximately 8
million. If the well interventions are ultimately unsuccessful, then Northern
would expect to see significant non cash depletion and impairment charges to
the income statement within the results for the year ending 31st December 2011,
the exact quantum of which would depend on, inter alia, future field
performance and gas prices.

At Geesbrug, a far larger gas field which was placed on-stream in December
2009, the production performance has been analysed in conjunction with the
disappointing results of the Tiendeveen-1 well five kilometres away. An updated
static reservoir model has been constructed that forms the current basis of the
revised reserves assessment prior to updating the dynamic model.

will be watching for an opportunity here - i like challenges! after 3pm today & tuesday of most interest - yeeeeeeeeeeeeeeehaaaaaaaaaaaaaaaaaaaaa

No, gibby... the fun was early this morning.

i know i was there lol - it is possible for some more end of day / early tues imo - i meant post this morning
gl