This is another possible incredible winner, Could double all of a sudden, depending
on flows and future discoveries, better send off those (Wben) forms now as
this is an American Stock traded on Aim.

No sign of any oil/gas yet.

There are signs of it ...at the Lloyd 1 well...what we don't know is if that well as an exploration well will enable FRR to be able to drill future appraisal wells or not...(though the Taribani Oil field will prevent total disaster ), this could pull back 30p or so or the sp could quite conceivably double !, in the event of hitting multiple horizons at the Lloyd 1 well !, fingers crossed....like Evil Knievil says : (who's going long by the way)..this is a gamble with massive upside. I've got to say that :this reminds me of VOG a few years back.

Agree with VOG comparison but hope history does not repeat itself!!

Well...this company seems quietly confident..so we shall see...without jumping the gun (as so to speak)...if this came right (and you have to say a big if...)..you would see a feeding frenzy like nothing else...people cursing not having filled in the W-ben forms and such....it would be like ITM and VOG with a touch of SEO of the old days.....well I can dream can't I ?...it probably won't happen knowing my luck...and will have to stick it out until the Taribani oil field is drilled.

Quite a rise today....not much else to say !

Boy !, the sp is like a yoyo....good to play in a sipp if you have the time !

Just cannot make this one out as far as sp movements are concerned....just unbelievable at times....no news yet but sp dives, why ?

rf, this post from another site cause todays drop evidently

RedorDead - 7 Apr'08 - 12:06 - 949 of 1028


Gents, the rig on Lloyd -1 is rigging down as we speak, my understanding is they have drilled 4 sidetracks and at the moment may be looking at suspending operations for the time being due to the porblems drilling the reservoiur section.

I have a contact up there and this information came out this morning, as alwys no advice. intended and DYOR

I have just read the RNS only now.....damn !...they need a new rig...I should have guessed that there were serious rig problems....thanks nite ram, but I have only just checked the updates now !.....I will have to stay put for the moment as there will be a lot more drilling to come....great time for people not already in.

Further to my previous post....it is not as bad as the sp reaction suggests....loads of drilling to come....blasted rig not working !, though I had thought of taking some profit when it was up in the 120p's....should have done...now too late...could kick myself...now we start all over again...

Well the yoyo stock is at work today : all the way down to the lower 60's now back to 76p....when they start drilling the Taribani shortly that should help the sp....I still think this one will be back to the 100p level at some stage soon !

rf, thats about all that has happened - our current rig is not man enough to drill the
cretaceous outer layer, so a more suitable rig has been ear marked for June to drill
the last 3/400m. I agree this will soon be back to 100p +
Still a great investment imv just need plenty of patience

What happens to the sp if it proves to be a duster?

halifax...every oil company will always have the risk of a well turning out to be a duster....this company can fall back on the Taribani oil field which is proven....I'm staying put at the moment....look at VOG,AEX,MRS,EEN....they all are a little bit risky but if they come right .....zooooom !

...... and if they dont? FRR has been living on a promise for too long, nothing tangible to show for all the hype so far.

We shall soon see with the Taribani oil field to be drilled next !

My favourite yoyo is at it again !.....remember those rubber balls that you would lose immediately no sooner had you bought them ...!

You cetainly need balls to own this stock!

Shame I haven't got this in a sipp....because you could navigate the ups and downs here !,. We need a little bit of luck with the drilling bit now !.

Up again....how about a takeover bid from Dragon Oil....that would be interesting...same part of the world !