.

For ?

i like mushrooms!!! lol

nice and bright in pl land though!!

I think you were right with your comment the other day gibby. I have a box of candles,
no doubt the lights will come on soon.

Cnoc were shut out of Puntland early on. I see other investors have come up with this view as well. The Chinease and Americans will be watching Puntland very close.

without a doubt - gl

http://www.proactiveinvestors.co.uk/companies/news/35260/tangiers-petroleum-has-highly-prospective-assets-in-morocco-and-australia-says-old-park-lane-capital-which-rates-it-a-buy-35260.html

grasping at straws

Up 6.90% on the ASX with no news

Well over due an update now ?

PL I see has promised an update for Friday, I await and see. As we have missed updates he has promised before.

October 21, 2011 22:13 ET

Marauder Resources East Coast Inc. Announces Execution of Memorandum of Understanding


CALGARY, ALBERTA--(Marketwire - Oct. 21, 2011) - Marauder Resources East Coast Inc. (the "Company") (TSX VENTURE:MES) is pleased to announce that the Company has executed a Memorandum of Understanding with the government of an African country for three highly prospective oil exploration blocks, totalling approximately 60,000 km2.

.

Not a bad update...looks like the Trinidad investment is better than forecast...

.

good steady news - no complaints

Yet!! :O)

.

Sorry m not my intention, looking at the above chart I cannot get to excited and be glued to sp when there is volume of over 25 mill and it rises a fraction of a penny. I own a few of these @ 9.5 (occassionally I think I must have been pissed at the time) but I accept this is a long term investment. :O)

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M - Ditto

Friday 18 November, 2011Range Resources LTD
490% P1 Reserve Upgrade in Trinidad & Opera...

18 November 2011


The Manager
Company Announcements
Australian Securities Exchange Limited
Level 6, 20 Bridge Street
Sydney NSW 2000


By e-lodgement

490% P1 RESERVE UPGRADE IN TRINIDAD AND OPERATIONAL UPDATE

HIGHLIGHTS

* Increase in Proved (P1) Reserves in Trinidad by 490% from 2.6 Mmbbls to
15.4 Mmbbls

* The 12.8 Mmbbls increase in Proved (P1) Reserves has independent valuation
(PV10) of approximately US$ 290MM

* Proposed production program (from new reserves) of 1m-1.5m bbls per year
for a minimum of 8 years

Range Resources Limited ("Range" or "the Company") is pleased to announce that
under the Beach Marcelle Incremental Production Service Contract ("IPSC"), its
wholly owned subsidiary Los Bajos Oil Limited has with Petrotrin established P1
reserves of 12.8 million barrels of oil based on extensive independent
engineering studies of its mature oil fields in Trinidad. It should be noted
that under the IPSC, in ground reserves belong to Petrotrin. The reserves are
then able to be economically developed and exploited by the Contract partner
pursuant to an agreed work program.

This increase in reserves follows the recently completed engineering studies of
secondary recovery potential in the Company's Beach Marcelle Block. Range,
through its wholly owned subsidiary Los Bajos Oil Limited will seek all
necessary approvals to commence development in early 2012 and commit to a $12m
development program over the next 12-18 months.

The engineering review, performed by the Company's Dallas-based reserve auditor
Forrest A. Garb & Associates ("Forrest Garb"), confirmed that significant
volumes of crude remain in the Beach Marcelle field that are expected to be
recoverable using standard secondary recovery techniques such as water
flooding. The water flood program has been engineered to produce approximately
1m to 1.5m barrels per year for the first 8 years following initial production
and has an attributable valuation of approximately US$290MM (PV10) as
determined by Forest Garb taking into account all relevant project economics
(capital and operating expenditure, production taxes and royalties, and a US$85
per barrel WTI crude oil price).

Range Resources Managing Director Peter Landau commented "we are extremely
delighted with the addition of around 13 million barrels of recoverable oil to
the Trinidad Project. Adding 1 - 1.5m barrels per year of production for the
first 8 years, whilst not impacting on our other production and exploration
initiatives already in place is a significant boost to the Range portfolio.

The development programme to bring these reserves into production will be a key
near term focus for Range. This Project will result in the creation of
significant local work opportunities and skills development."

"It should also be noted that these new proven (P1) reserves are in addition to
the previously reported P1-P3 reserves and Prospective Resources inventory that
Range currently holds on its Trinidad assets, hence the enormous significance
and value that these reserves on the Beach Marcelle Block represent".

Texas - North Chapman Ranch

Range and its partners are drilling ahead at approximately 12,700 ft. in the
Smith #2 well in North Chapman Ranch, after successfully setting intermediate
casing at 11,300 ft. Prior to reaching casing point, two zones of interest were
identified that may be tested at a later date. TD for the well is 14,000 ft. If
successful the Smith #2 well would increase Proved Reserves, production, and
cash flow from the field.

In addition to the Smith #2 well, site preparation is underway at the Albrecht
#1 well location. The Albrecht well is intended to more fully appraise the
North Chapman Ranch field, while testing additional, shallower objectives. The
well is expected to spud immediately after operations have been completed on
the Smith #2 well.

Texas - East Texas Cotton Valley

In the Company's East Texas Cotton Valley prospect, testing continues on the
Ross 3H horizontal well, as individual zones are perforated and swabbed in to
check fluid content prior to any hydraulic fracturing. The Ross 3H well was
drilled to a total measured depth of 8,500 ft. and showed good evidence of
reservoir quality rock and oil saturation while drilling.

Georgia

Operations are currently suspended on the Mukhiani well with the rig on standby
with a skeleton crew as the Company awaits final technical analysis on the
well. The Company will provide an update as to the results as soon as they are
finalised, which is expected shortly. If a decision to move is made, it is
expected the second well in the Georgian exploration program will spud within a
4-6 week period.

Puntland

Joint venture operator Horn Petroleum continues with significant set up
operations for the initial well in the proposed two well programme in Puntland
and remains on track for spudding later this year.


Yours faithfully


Peter Landau
Executive Director

Ends