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NORTHERN PETROL ???? (NOP)     

LEEWINK - 12 Aug 2003 11:59

looks like its hit oil, don't know whats gonna happen, any idea's ???

soul traders - 24 Aug 2006 15:26 - 491 of 567

MM, I need to have another look at MOG. I was in for a month or two, bought unfortunately right on the peak and sold when the market slid in May for a loss.

There is a MOG thread out there somewhere - if you feel like dusting it off and posting any new news, then I'd be happy to read it and pitch in.

I am in GBP (Global Petroleum), which also has interests off Malta -don't know offhand if they are the same ones as MOG.

soul traders - 25 Aug 2006 12:22 - 492 of 567

What's this I see? The share price wakes up, market cap dead on 100 million. nice little rise this morning!

NOP Bid: 142p Offer: 145p Change: 8.5

Rutherford - 25 Aug 2006 16:30 - 493 of 567

A good day for NOP, and a lot more of them to come over the next year!

soul traders - 25 Aug 2006 18:22 - 494 of 567

Agreed!

soul traders - 01 Sep 2006 12:17 - 495 of 567

Ticking up again after three days of reversal.

NOP Bid: 140p Offer: 145p Change: 5

soul traders - 01 Sep 2006 14:47 - 496 of 567

NOP coming back into fashion again. I had a feeling that things would pick up at the end of the summer season - FTSE seems to be on a steady march too.

austing2253 - 11 Sep 2006 12:25 - 497 of 567

Anyone have any news as to why NOP is falling?

porky - 11 Sep 2006 14:07 - 498 of 567

Shorters.

soul traders - 11 Sep 2006 19:25 - 499 of 567

Soggy oil price.

soul traders - 26 Sep 2006 10:33 - 500 of 567

So much for my feeling tha things would pick up - NOP still sliding.

Have sold my entire holding at 35% profit and bought today's hot stock, Forum Energy (FEP), which looks like repeating what VOG did a year ago (it's up around 60% today!). Will then probably plough some profit back into NOP at some stage.

Good luck to those who are still in.

PDYOR, etc.

janetbennison - 27 Sep 2006 07:36 - 501 of 567

Does anyone know why there has been such a big fall in share price recently. I t was only a few week ago when the price was 1.47. Soul trader I thought about buying in yesterday at 1.32 but did not. I should have done. I might just buy in today. At least they have good news with the oil find fep. Fep is a n oil share that I have never really took any notice of until now. I may buy ten thousand today. Good luck.

Rutherford - 27 Sep 2006 09:50 - 502 of 567

Most of the aim oilers have fallen recently so not a surprise that NOP is down. May get a surprise in the next day or two when the interims are announced. This is a very good longterm play. IMHO!

Rutherford - 27 Sep 2006 09:59 - 503 of 567

Hope you didnt buy into FEP this morning as some profit taking on the go and all up on potential and seismic. I would imagine you can get in a lot cheaper in a month when the euphoria dies down as it is still some time before production wil come on line and possible fundraising in the meantime to allow drilling.

soul traders - 27 Sep 2006 11:05 - 504 of 567

JanetB, NOP is most certainly a good investment but you have to think medium-term at least, IMO. REcent falls are due to the overall slide in the market plus the fact that NOP's schedule is looking a little slow at the moment. That's not to say it's not a good investment, but I think many are feeling they can make money elsewhere while NOP gears up for production.

Obviously I have no idea where FEP's SP is going to wind up. This morning it didn't get away quite as fast as I expected to. I would echo Rutherford's note of caution about this one and say don't invest more than you can afford to lose.

janetbennison - 27 Sep 2006 11:13 - 505 of 567

I have decided to stick with nop. Left a bid to buy earlier on at 1.32 on fep. Just missed them before they started to go up again. Pity i did not leave 1.34 on them. I would have bought them. it was not to be they are now well up again. good luck to everyone.

soul traders - 27 Sep 2006 11:28 - 506 of 567

Janet, you might like to take a look at Renesola (SOLA) - good visibility of earnings and lots of orders (some prepaid, covering a large chunk of their production capacity for the next three years) for their photovoltaic wafers. As always PDYOR.

Rutherford - 27 Sep 2006 12:19 - 507 of 567


Off Topic:
Janet: EME have some good prospects coming to fruition in the next few weeks. Certainly worth a look! A lot of upside potential.

Rutherford - 29 Sep 2006 09:15 - 508 of 567

Market happy with interim results.

Rutherford - 19 Oct 2006 23:50 - 509 of 567

Good rise of 10.5% yesterday so something is brewing and look for more today!

blanche - 22 Mar 2007 16:57 - 510 of 567

I brought into this share at 53p a few moons ago.Everything was looking rosey in the garden @1.50 plus but over the last 6 mths its just slowly drifted downwards.
I haven`t really looked at it for a while, so checked last update and everything seems to be going ok. Odd delays etc but thats not new for an oil company.
Just wondered if anybody could let me have there thoughts on the company.
Many Thanks
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