.

Yes Paul Barrett get them pumps going get that oil up, while the oil price is rising!!!!!!!!

i thought it was sp that was primarily being pumped ..... as with some other twiddly stocks, i see this one as one to trade nimbly

I am removing ALL my research from here due to the constant personal abuse, defamation and distortions of it posted by:

ptholden

hlyeo98

halifax

blackdown

kimoldfield

cynic


This bunch of abusive retards is the reason MoneyAM will NEVER have a forum worth reading.

I have reported them to support by they do nothing, either because they want to force me to PAY them for the Traders Room or because they are too lazy to do anything. Maybe the people in support are the ones perpetrating the abuse, so as to force people to pay for the premium boards. Either way the service is sh1te and a disgrace to the finance industry. No wonder there is nobody left here apart from morons.

I will continue posting my good research on boards that are run in accordance with FSA and LSE listing rules and the interests of the market, not here where ar5eh0les rule the boards and all decent research is buried under their piles of sh1te.

i'm afraid there are lots of stocks that get the thin end the wedge, XEL being a classic

I am removing ALL my research from here due to the constant personal abuse, defamation and distortions of it posted by:

ptholden

hlyeo98

halifax

blackdown

kimoldfield

cynic


This bunch of abusive retards is the reason MoneyAM will NEVER have a forum worth reading.

I have reported them to support by they do nothing, either because they want to force me to PAY them for the Traders Room or because they are too lazy to do anything. Maybe the people in support are the ones perpetrating the abuse, so as to force people to pay for the premium boards. Either way the service is sh1te and a disgrace to the finance industry. No wonder there is nobody left here apart from morons.

I will continue posting my good research on boards that are run in accordance with FSA and LSE listing rules and the interests of the market, not here where ar5eh0les rule the boards and all decent research is buried under their piles of sh1te.

1 March 2011

Operations and Project Update

West Firsby, UK

Drilling of new production well WF-9 was completed on 17th February 2011. Since
completing WF-9, the HH102 rig has moved over the WF-3 well to re-perforate
this well for use as a water injector. These operations, in close proximity to
the WF-9 wellhead, have prevented the surface beam pump from being commissioned
until WF-3 operations are complete. Perforating has now taken place on WF-3 and
the rig will move away over the coming days to allow full access to the WF-9
wellhead to complete the beam pump installation. The well will test the flow
rates from Zone 1 and Zone 2 individually, initially producing from Zone 2
before moving on to Zone 1. Currently, associated gas from Zone 2 is building
up in the shut-in well, an encouraging indication.

With regard to the existing producers in the field, a change in the WF-7 bottom
hole assembly (BHA) is required and a plan has been submitted to the HSE to
undertake a workover to replace the BHA to bring the well back up to full
production capacity. This work will take place around mid-March.

Overall, production since early December has been low, due to a combination of
weather-related and operational issues. This has brought the average production
for the 6 months to 31 January 2011 down to 151bopd. It is anticipated that,
with WF-9 coming onstream and the forthcoming WF-7 repairs, production will
soon be back on-track.

Berenx, France

The technical work has indicated that there is ample evidence on the
reprocessed 3D seismic data for the development of faulted structures developed
all along the front of the Berenx fault-block system to the east of the
existing wells. Data appertaining to a short interval drill stem test in the
Berenx-2 well conducted in 1974 has recently been obtained from legacy archives
and these data demonstrate that the well produced dry gas to surface but did
not adequately test the fracture system in the reservoir.

Maintaining open fractures in the wellbore is critical for a successful test
and can be achieved principally by two methods: managed pressure drilling and
non-cemented completion techniques. In order to properly plan this challenging
well, the Directors are currently in the final stages of selecting the drilling
engineering team from a short-list to plan and manage the Berenx-3 well.

Planning for the deep HPHT Berenx-3 well will take over 12 months, with long
lead items with specialist steel fabrication needing to be committed to in
mid-2011. There is a strong technical case for acquiring additional 3D seismic
coverage over the western part of the Berenx structure prior to drilling and we
are currently looking at the possibility of 3D seismic acquisition during the
well planning period.

Barchiz, Romania

The JV partners have reviewed the results of the Barchiz-1 well. The partners
are discussing the forward programme for both Barchiz and the block as a whole.
The option favoured by Europa is to penetrate a thicker section of the
oil-bearing Oligocene sandstone and to test the main prospect target, which
remains untested by the original wellbore. The course of action will be
determined following a technical meeting on the 25th of March and the Company
will provide an update on the Barchiz forward programme soon after this
meeting.

Paul Barrett, Managing Director, said `We are aware that shareholders, like
ourselves, are anxious to quantify the fruits of our labours at West Firsby,
especially considering the current oil price. We expect the WF-9 well to
perform in line with expectations and we will inform shareholders as soon as we
know the results.

With regard to Berenx and Barchiz, we have made significant progress in
understanding both the challenges and potential of both of these projects and
again, will be looking to update the market as developments progress.'

I am removing ALL my research from here due to the constant personal abuse, defamation and distortions of it posted by:

ptholden

hlyeo98

halifax

blackdown

kimoldfield

cynic


This bunch of abusive retards is the reason MoneyAM will NEVER have a forum worth reading.

I have reported them to support by they do nothing, either because they want to force me to PAY them for the Traders Room or because they are too lazy to do anything. Maybe the people in support are the ones perpetrating the abuse, so as to force people to pay for the premium boards. Either way the service is sh1te and a disgrace to the finance industry. No wonder there is nobody left here apart from morons.

I will continue posting my good research on boards that are run in accordance with FSA and LSE listing rules and the interests of the market, not here where ar5eh0les rule the boards and all decent research is buried under their piles of sh1te.

can you explain why a 3.5p (9%) drop if all the above is so bullish?

anyway, please find below a simple chart for simpletons like me (not currently holding) ....

Sold about half.....bit disappointing perhaps....needs more action....and I had a devlish job in selling this morning.....will keep the rest as more positive results will be coming soon....

This really is a funny thread, well, TA is a funny individual, albeit barking ramping mad.

Today's RNS is a profit warning; average production of 151 bopd during the previous six months will have a significant impact on revenues and therefore operations going forward. Don't forget EOG recently stated future exploration costs would be supported by income, without which, a return to the market for additional funds would be likely.

1000 bopd?? They can't even hit their own target of 500 bopd!!

"Planning for the deep HPHT Berenx-3 well will take over 12 months, with long
lead items with specialist steel fabrication needing to be committed to in
mid-2011. There is a strong technical case for acquiring additional 3D seismic
coverage over the western part of the Berenx structure prior to drilling and we
are currently looking at the possibility of 3D seismic acquisition during the
well planning period."

and

"With regard to Berenx and Barchiz, we have made significant progress in
understanding both the challenges and potential of both of these projects and
again, will be looking to update the market as developments progress."

Challenging
Specialist
Additional seismic

All point to additional expense. EOG are a tiny company trying to punch above their weight without the resources to do so. They also have a habit of disappointing their shareholders.

I recognise the potential, but until they have a dependable revenue stream and future funding is resolved (dilution on the way) far too risky, even as a punt.

1000 bopd PMSL :-)

good post peter .... very kind of you to forewarn holders ..... in general, this is always the sort of problem to be encountered with amoeba companies, and that is why i rarely hold (m)any for long if at all

Indeedy, Mr C, by the way sent you a AM email last night.

and i have just sent you 2 texts back!
sold out of these a week ago for a very small profit this time around

I am removing ALL my research from here due to the constant personal abuse, defamation and distortions of it posted by:

ptholden

hlyeo98

halifax

blackdown

kimoldfield

cynic


This bunch of abusive retards is the reason MoneyAM will NEVER have a forum worth reading.

I have reported them to support by they do nothing, either because they want to force me to PAY them for the Traders Room or because they are too lazy to do anything. Maybe the people in support are the ones perpetrating the abuse, so as to force people to pay for the premium boards. Either way the service is sh1te and a disgrace to the finance industry. No wonder there is nobody left here apart from morons.

I will continue posting my good research on boards that are run in accordance with FSA and LSE listing rules and the interests of the market, not here where ar5eh0les rule the boards and all decent research is buried under their piles of sh1te.

I am removing ALL my research from here due to the constant personal abuse, defamation and distortions of it posted by:

ptholden

hlyeo98

halifax

blackdown

kimoldfield

cynic


This bunch of abusive retards is the reason MoneyAM will NEVER have a forum worth reading.

I have reported them to support by they do nothing, either because they want to force me to PAY them for the Traders Room or because they are too lazy to do anything. Maybe the people in support are the ones perpetrating the abuse, so as to force people to pay for the premium boards. Either way the service is sh1te and a disgrace to the finance industry. No wonder there is nobody left here apart from morons.

I will continue posting my good research on boards that are run in accordance with FSA and LSE listing rules and the interests of the market, not here where ar5eh0les rule the boards and all decent research is buried under their piles of sh1te.

I am removing ALL my research from here due to the constant personal abuse, defamation and distortions of it posted by:

ptholden

hlyeo98

halifax

blackdown

kimoldfield

cynic


This bunch of abusive retards is the reason MoneyAM will NEVER have a forum worth reading.

I have reported them to support by they do nothing, either because they want to force me to PAY them for the Traders Room or because they are too lazy to do anything. Maybe the people in support are the ones perpetrating the abuse, so as to force people to pay for the premium boards. Either way the service is sh1te and a disgrace to the finance industry. No wonder there is nobody left here apart from morons.

I will continue posting my good research on boards that are run in accordance with FSA and LSE listing rules and the interests of the market, not here where ar5eh0les rule the boards and all decent research is buried under their piles of sh1te.

I am removing ALL my research from here due to the constant personal abuse, defamation and distortions of it posted by:

ptholden

hlyeo98

halifax

blackdown

kimoldfield

cynic


This bunch of abusive retards is the reason MoneyAM will NEVER have a forum worth reading.

I have reported them to support by they do nothing, either because they want to force me to PAY them for the Traders Room or because they are too lazy to do anything. Maybe the people in support are the ones perpetrating the abuse, so as to force people to pay for the premium boards. Either way the service is sh1te and a disgrace to the finance industry. No wonder there is nobody left here apart from morons.

I will continue posting my good research on boards that are run in accordance with FSA and LSE listing rules and the interests of the market, not here where ar5eh0les rule the boards and all decent research is buried under their piles of sh1te.

Today's RNS is a profit warning; average production of 151 bopd during the previous six months will have a significant impact on revenues and therefore operations going forward. Don't forget EOG recently stated future exploration costs would be supported by income, without which, a return to the market for additional funds would be likely.

1000 bopd?? They can't even hit their own target of 500 bopd!!

"Planning for the deep HPHT Berenx-3 well will take over 12 months, with long
lead items with specialist steel fabrication needing to be committed to in
mid-2011. There is a strong technical case for acquiring additional 3D seismic
coverage over the western part of the Berenx structure prior to drilling and we
are currently looking at the possibility of 3D seismic acquisition during the
well planning period."

and

"With regard to Berenx and Barchiz, we have made significant progress in
understanding both the challenges and potential of both of these projects and
again, will be looking to update the market as developments progress."

Challenging
Specialist
Additional seismic

All point to additional expense. EOG are a tiny company trying to punch above their weight without the resources to do so. They also have a habit of disappointing their shareholders.

I recognise the potential, but until they have a dependable revenue stream and future funding is resolved (dilution on the way) far too risky, even as a punt.

1000 bopd PMSL :-)

I am removing ALL my research from here due to the constant personal abuse, defamation and distortions of it posted by:

ptholden

hlyeo98

halifax

blackdown

kimoldfield

cynic


This bunch of abusive retards is the reason MoneyAM will NEVER have a forum worth reading.

I have reported them to support by they do nothing, either because they want to force me to PAY them for the Traders Room or because they are too lazy to do anything. Maybe the people in support are the ones perpetrating the abuse, so as to force people to pay for the premium boards. Either way the service is sh1te and a disgrace to the finance industry. No wonder there is nobody left here apart from morons.

I will continue posting my good research on boards that are run in accordance with FSA and LSE listing rules and the interests of the market, not here where ar5eh0les rule the boards and all decent research is buried under their piles of sh1te.

TA - time will tell whether or not you are right; if you are, then i'm delighted for you, but i fear that tonight's bloodsbath on wall street will derail many stocks in the morning pretty much regardless of their intrinsic merit