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NORTHERN PETROL ???? (NOP)     

LEEWINK - 12 Aug 2003 11:59

looks like its hit oil, don't know whats gonna happen, any idea's ???

NielsJensen - 08 Aug 2005 10:23 - 228 of 567

They've done a five to one. So multiply the price by 5 and divide your shareholding by 5.

doughboy66 - 08 Aug 2005 10:39 - 229 of 567

What are the benefits of share consolidation?
DB66

TheMaster - 08 Aug 2005 10:51 - 230 of 567

Because there are now less shares in issue, the SP will move more readily on news

doughboy66 - 08 Aug 2005 11:04 - 231 of 567

Thanks Master, well this share hasn`t done to bad so far , so with consolidation it might do even better? I look forward to that.
DB66

paulmasterson1 - 08 Aug 2005 12:36 - 232 of 567


Hi All,

Yeah, I wasn't quite awake this morning, forgot all about the share consolidation !

Cheers,
PM

TheMaster - 08 Aug 2005 13:24 - 233 of 567

Niels
Any news/pictures from the drill site today.

paulmasterson1 - 08 Aug 2005 13:31 - 234 of 567


Hi All,

I saw somewhere that it would take 31 days to drill, but the update last Wednesday suggested to me that they were well ahead of that, anyone else looked at the figures for depth required, and depth attained last wednesday ??

Cheers,
PM

TheMaster - 08 Aug 2005 13:38 - 235 of 567

See my recent post 219, target depth expected to be reached tomorrow (tuesday)

NielsJensen - 08 Aug 2005 13:57 - 236 of 567

The Master, pics today or tomorrow.

paulmasterson1 - 08 Aug 2005 17:27 - 237 of 567


The Master Hi,

Thats sort of what I was thinking, so there could be an update tomorrow, or just the standard one on Wednesday, and then we might know if they have hit oil.

Cheers,
PM


TheMaster - 09 Aug 2005 10:13 - 238 of 567

Looks like news has leaked out, as we have lift-off in the SP.

NielsJensen - 09 Aug 2005 17:48 - 239 of 567

Latest pic from site: Click here

Will report when dismantling starts.

brane - 10 Aug 2005 09:19 - 240 of 567

Cheers for the picture Niels. SP up at the moment, in anticipation of the weekly report, due any time now. Good luck to all.

TheMaster - 10 Aug 2005 09:48 - 241 of 567

RNS out, drill depth at 2750ft this would now indicate that the target depth will be reached on Sunday 14th August.

PeterGoddard - 10 Aug 2005 11:02 - 242 of 567

>paul masterson1
On Moday 8th August, following the AGM, the shares were consolidated. The consolidation rate is one new 5p share for every five old 1p shares held. Today's bid/offer price of 90/93p is equivalent to 18/18.6p pre-consolidation.

So if for example you'd held 10,000 shares @ 16p last Friday, you'd hold 2,000 new shares at 93p today.

paulmasterson1 - 12 Aug 2005 12:24 - 243 of 567




Hi All,

Drilling so far is :-

Wed 3rd 1250 feet

Wed 10th 2750 feet with 2026 feet cased

So we are aiming for 4167 feet with 2750 drilled upto last Wednesday, leaing 1415 feet to drill, and in the week between those two Wednesday reports we drilled 1500 feet, so next Wednesday we should hit OIL

Cheers,

PM

nkirkup - 12 Aug 2005 14:03 - 244 of 567

News has leaked, we have lift-off!

TheMaster - 12 Aug 2005 14:54 - 245 of 567

Yes, great news is on the way from the IoW

NielsJensen - 12 Aug 2005 15:55 - 246 of 567

Don't get too excited now. It's not the Wild West with a huge gusher and dancing roughnecks soiled in oil. There will be a lot of lab work to do when the first samples come up.

paulmasterson1 - 12 Aug 2005 16:08 - 247 of 567


News hasn't leaked .... has it ????

My take on the small rise, is because of this mornings announcement on the Dutch deal.

I don't see how they could have drilled and cased so far, so quick, it's still going to hit the spot next Wednesday or Thursday ....

Cheers,
PM
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