From the latest company's drilling update....17 Feb

http://moneyam.uk-wire.com/cgi-bin/articles/200402170700084897V.html

Can anyone with mining knowledge explain these terms....

What does sidetracking mean? Approx how ong will that take?
Approx. how long will it take to correct a deviated section?
Is 'crude oil in shale samples' a good indication that there is oil?
Is 'Gas-bearing porous sands being logged' a good indication that there is gas?
Basically what does logging involve ?

Any views re AEX potential??

Regards
Stephen

Now 7:7 @ 21.5 : 22.5 and 115k v 115k

all balanced

Thanks bhunt1910,
Watching trades very closely today, I am hoping it goes bellow 20p like squidd is suggesting, it may not get there today but..... You never know. I have placed an order to buy 250k @20p lets see what happens.

Nice one squidd,

I think its going to take a day or so for this stock to cool down for people looking to get back aboard. After getting on at 8p-I should have stayed the course and not bailed at 18p!!

Just got more. Jeez, i only wanted another 2500 worth.

glad i sold this morning it will go down a little yet.

sell you will get them cheaper next week.

It looks like the mms are playing games with this stock once again. Spread has gone up. Its not going to go down to 20p today, I think I will wait a bit. It will come down no doubt before moving up again.

dharrisp - nice one.

Yeah I agree with the games.....Its gonna be traded this week. I'm planning on exactly that tanker, although its doesnt look like its going to close that much lower than at 8 this morning! Bloddy MM's....... :-)

buy aen

Perfectly reasonable suggestion Tanker but care to explain why?

700p on way. thats my thoughts.

LOL! But why Tanker? Whats changed?

Don't wait forever Bema!

AEX showing considerable strength after I sold, but have switched my gains into CSB which seems to me to be out of phase with AEX and perhaps due for a rise after paying a huge maiden dividend. Has everyone noticed EDR ? it's even outpaced AEX.

Not since 4/8 when AEX started to move it hasnt.

What would I rather have AEX at 35m or EDR at 40m. I know which has the bigger potential.

Silly making comparisons anyway.

i just thught it would resta little

i have now moved back into aex . loking for 2 pound rise.

Arent we all Tanker!

Come one mate, you gotta justify posts like that. You arrived at 2 pounds how exactly?

energy is power this stock is now well below value.over sold.