This company seems to have been searching for a long time - any ideas out there?

This is an underrated stock, and I have a smallish holding and topped up the other day; (wish I had bought more !) I shall add this to my share tips for 2009 !......tremendous acreage....and big drilling campaign under way....if one well is a duster the next will be a success as this is a very active company and the best part is that exploration costs are fully funded and can be offset against Norwegian tax !....very strong possibility of a huge strike at some point in the next 18 months along the Norway coast.

This is now...only just seen it this morning an IC tip as well as a Shares magazine tip ....loads of upside by the look of things !.

Back in this and by the look of things in the nick of time.

Rocket like increase here...a leak from the platform about an early oil or gas discovery possibly ?.

Gas discovery....good news...and 4 more wells to be drilled...looking very promising for the sp.

Doing fine...my only regret is not buying more here...

PS : I thought Glenlivet was in my whisky locker....turns out that it's a well....perhaps there's some of the strong stuff down there !.

Good end to the week for this one....I seem to be the only person interested here...

Well this is really flying....it's all single malt drilling here....

Up again....target for somebody ? or just the drilling success and potential ?.

I recall that Dana Petroleum have a substantial share holding, paying 1.40 odd last year sometime before the crash. Have they quietly been adding to this when price dropped ?

Stan59
I think Dana have about 29% so can't buy much more without triggering an offer

Good news from FPM and DNX.....sp rocketing at the moment....

Nice update.....undervalued by a mile, this.....

Another success....well done Faroe...getting a reputation for good drilling this little gem...should be double the present cap...

Up again...well worth 200p this one.

Heading for a breakout of the trading range...

About to spring a lot higher...due to discoveries...one after another...we talk about the falklands but closer to home this is an undiscovered gem....

Fund raising....damn....down 20p.....at this price : it won't be worth doing....at 145p it was....

Decided to take up the rights in Faroe petroleum.....raising a big amount of capital...but so much drilling potential and so far 3 wells drilled this year with 3 successes...not a bad percentage...and very good right-ups in the share mags...surprised that nobody here seems to rate this one, apart fom myself...