.

marky, its been good of late.

XEL and EOG then DES hopefully SQZ and XEL again and then AST all being well.

What I want though is the rig back to RKH and 700 million recoverable barrels proven up by end of 2011........ :)

A few months wait for that.....DES will probably drill at least one more well...perhaps two.....

I totaly agree with you about RKH, thats my banker and am holding a 5 figure numbers as the upside is huge.

Between 5 to 8 fans...

Well, could be news out when the Canadian market opens, at 14:30. I am sure major news will not get put out until both UK and Canada are open for trading.....

News out, oil and gas found but not commerical

Damn.....but will stay put...promising little company...

.

No debt.....plenty more prospects.....just tuck them away until next year unless you want to sell at a loss....

absolutely tanked ..............HENCE why i play the %'s........sold at 61p after buying at 34p or so recently

It'll bounce as its pretty much undervalued anyway, the tanking is only while the panic sellers panic sell, then it will stabilise.

Don't sell...this is a profitable company...no debt....

agreed ,,,,back in late 30's,,,,,point being Mr P. ,,,Do you understand why i play the percentages game now ......... ? .........nice play on XEL tho

Yep, some do some do not.

Its a shame, the rumours were correct about multiple zones..... its just a shame they were not commercial this time around.

However, finding hydrocarbons is half the game, and now they now there are some it leads to further investigation.

true. very true Mr. P . ...My own broker with whom i was at school since prepping is hot as mustard about this stock and got me in at approx 32p about 18 months ago .....been in and out ever since ,,,lncidentally Mr P. -.....l sincerely hope you dont think i am trying to score points here mon ami as i happen to find you a rational , intelligent and errudite individual - merely trying to illustrate a different trading style ..........bonne chance mon pote

TFC, I appreciate others have different styles and playing the percentages is good for getting lots of smaller wins, I just prefer getting less wins but bigger wins (whilst trying to avoid major losses).

Everyone has their own strategy and everyone has to do what is best for them.

Now, I want XEL to deliver very good flow rates !!!! ;)

.

.

.

Serica Energy (LON:SQZ) jumped another 14% to 28p as investors jumped aboard for what looks like a busy 2012 for the company. Resistance at 25p was holding firm until today, and now it looks like a clear path towards resistance at 30p. Even after the recent rally, the shares are still a long way from the 60p high back in 2010.

Another rise today. Anyone following this share?