Okay.

Bye.

Bye

How'd dinner go SWW?

Excellent..............................................

See you later for a pint then?

Okay.

8'ish

Right.

Lol SWW! I assume you bought back in today then? Hopefully a rebound on the cards for all the Mauritania partners over the coming days. I hope you enjoyed your pint! ;-)

Hello gav from both of us, yes we did on both counts.. buy in and a pint.

Sitting back and deciding to forget them for a year or so if I can!

I am uncomfortable about Sterling however and hope Harry gets something on paper soon, but that may be easier said than done just now.

SIA is really great, I suspect the theorist were exactly right about their prospects. My freind still holds and really does not seem too bothered that he now has 40K profiton paper in 2 or 3 months!!!

Funny guy really.

Wish I had more but there you go.

You may have noted that I also jumped out of JKX after a 16prise, look at it go since...........

Very interesting times are here still.

Love it.

Nice to see this thread being used again, even if it is a bit like the SEY thread of old.

LOL

Stay lucky....

Posting all the background stuff but not elsewhere.

This could be true and may really be a CIA operation but.........?

Grimms

Is this the Talk To You Self Seawallwalker thread?

lol

sd

Might as well be..............

Yeah!

Mad really but there we go.

So, Sotto spuds.

Risky hole that one, if it comes good it will be very good.

If it's bad it's horrid.

Great news.

Below 1 bid again.

If this keeps up, I will buy back the lot at the same price as before.

Roll 'em in.........

It's bad, and I did buy some more below 1 and sell above.

May do the same again

"Premier Oil PLC
23 August 2005



PREMIER OIL PLC
('Premier')

Drilling Update

Premier reports the following in relation to its current drilling programme:

Mauritania

PSC Area A: Sotto-1 ST1 Exploration Well

The 'Stena Tay' drill rig drilled Sotto-1 ST1 to a final total depth of 3,279
metres.

At midnight on 22 August 2005, preparations were underway to commence wireline
logging. Logs and other data acquired while drilling suggest that the well has
not encountered any significant hydrocarbons.

Following completion of wireline logging, it is expected that the Sotto-1 ST1
well will be plugged and abandoned as a dry hole. Premier's equity in this well
was 4.62%.

The 'Stena Tay' will then move to the Espadon-1 exploration well in PSC Area B.

Chinguetti Development Wells

The 'West Navigator' drillship continues to perform completion work on
Chinguetti Development wells.

Exploration Programme

Joint Venture Participants have approved the drilling of four exploration wells
subsequent to Sotto. These are Espadon-1, Tevet-2, Labeidna-1 and Colin-1.
Tevet-2 will target a stratigraphically deeper reservoir than the Tevet-1
discovery well.

Pakistan

Jhangara Licence: Maliri-1 well

The Maliri-1 well was spudded on 12 August 2005 and is drilling ahead to a
planned target depth of 1,250 metres.

Gabon

Iris Marin Licence: Iboga-1 well

The Iboga-1 well was spudded on 19 August 2005 and is drilling ahead to a
planned target depth of 2,000 metres.

India

Jaipur Licence: Lakkhi-1 well

The well is currently operating at its planned target depth of 4,347 metres and
is being prepared for testing operations.



23 August 2005


Simon Lockett, Chief Executive of Premier, said:

'Following on from the two successful wells drilled this year in Mauritania
(Tiof-6) and Egypt (Al Amir-1) we are now commencing the most active exploration
programme Premier has undertaken. While the Sotto high risk/high reward well was
dry, it is adding significantly to our understanding of subsurface risks. We now
expect to drill a further ten exploration wells before the end of 2005 including
wells in India, Gabon, Indonesia, Egypt, Pakistan, Mauritania and the UK.'"

Yes, it looks bad. But it was to a great extent expected SWW! Tevet looks promising deeper down the hole, that's what they are after anyway!

I'll hang around, all the vibes seem to say they are drilling round the edges of prospects. But heck, what do I know. :)

Rayrac, ROC said this was very high risk.

And so it was.................

Now then, time to concentrate.

Institution may be buying in Oz, up today as a result.

Berge Helene on the way from Singapore.

Nice colour scheme.

Tevet2 not such a good result or is it?

Deep taget should be hit anytime now.

It's in Jurrassic, so look out for Dinosaurs.

Must be tomorrow.......................

But then, tomorrow never comes.