.

lazarus? ..... wife + sex?

Divine intervention would certainly give things a lift! Not sure that we are top of his list for assistance though!

No more trading for me now......need some profits showing before doing anything...so perhaps time to sit on my hands for a couple of weeks....at least it's up today.....

Order book for BOR and FOGL looking strong, looks like there might be more news that just spudding on Monday then ?

superficially yes - i.e. 2:1 - but in small volume - only 200k traded so far

Up still the same.....if normal market conditions returned : we would be way above 100p by now !....

Nice sharp rise......just as I like it !.....like a breath of fresh air this one.....!...

Confirmation that ONGL was not the confirmed 25% farm in partner......but another one who was looking for 35%.

http://www.thehindu.com/business/Industry/article3425773.ece

.

I dropped DES in favour of more FOGL....perhaps I have too many of these.....fingers crossed for more discoveries.....

rf what discoveries?

Gas .....Hali....with BOR......Loligo might have trillions of cubic feet...and if the reservoir targets have oil.....it would be sensational.....

rf its all if if if.....

With wildcats : it is but there is a confirmed working petroleum system here, so there is a big chance of something being found and the seismic confirms it.....

rf so far tens of millions spent on drilling result no commercial oil or gas where to from now? perhaps the Indians know better by telling ONGC to steer clear.

Hang on.....the condensate might be in commercial quantity for BOR...we don't know yet.....but it looks that way......you cannot go by any report from India.....

rf why is it going to take months to analyse gas condensate .... they are buying time.

Possibly...to me this is too early days.....3 wells to go...perhaps a fourth.....there are numerous prospects.....so big chances of a strike....and the prospects FOGL are going to target are closer to Sealion than Darwin......Loligo is nowhere near Darwin or Stebbing.....150 miles away !......too far away to be remotely associated....

rf chance is a fine thing but fact is a better bet.

True......but in that case you buy Shell or a big boy and watch it go up or down by a minimal percentage.....perhaps I'm too much of a risk taker....but if it does come right.....anyway...weeks of drilling and we shall see what Stebbing brings.....Prosels suggests oil...I'll believe it when I see it....but FOGL does have some superb targets...check out their presentation in pdf form available to print out from their website.....

http://en.mercopress.com/2012/05/16/indian-oil-and-gas-company-desists-from-falklands-exploration-partnership

Indian oil and gas company desists from Falklands’ exploration partnership
After having to abandon its oil and gas assets quest in Vietnam off the South China Sea India has asked ONGC Videsh Limited (OVL) not to go ahead with its acquisition of hydrocarbon assets located in deep water in Falkland Islands