1 April 2008	Oil & Liquids (mmbbls)	Gas (bcf)	Total (mmboe)
1P Reserves	3.85	47.2	11.7
2P Reserves	7.87	97.22	24.1
3P Reserves	16.25	322.39	70.0

The next independent reserve report is expected to be published by 31 March 2009

Asset Summary

Operations Map

Oil Price

Assets:Eugene Island (blocks 172, 183, 184)A-6 well flowing at 498 boepd (374 boepd working interest). Awaiting recompletion from primary zone during Q1 2009. A-7 well flowing at 2177 boepd (1623 boepd working interest). Well originally tested at approx 4000 boepd, but water level have been increasing. A-8 well flowing at 2557 boepd (1918 boepd working interest).Grand Isle (blocks 95, 100) Assessing seismic data, finalising well plansShip Shoal (block 201) Commencing operations during 2009. Fast tracking drill of wells 1 and 2.South Marsh Island (blocks 5, 6) Block 6 due to be drilled in first half of 2009. Installing platform and pipeline.Sorrento Dome Drilling plans finalised. Seeking drilling rig for well 13-1. LDP news - RSS Feed

For anyone looking for a oiler with lots of potential and in a safe country(USA)
here's an excellent and througher article by an experienced and well respected
investor in the section.
http://boards.fool.co.uk/Message.asp?mid=11071685
cyril

hi cyril

i bought at 48p when i saw the rise......another few k to help sp

should be news out soon

Have a look at AEX and the news there today.
Looks very cheap imo when compared with LDP.

Drilling update - 2 more zones found on A-7. :-)

Noticed that the excitables have piled in on ADVFN :-(

Yes - a very big group hug going on over on advfn (love that expression). Having topped up just yesterday, I'm feeling very smug right now.

Well done, Pond Life.

Up 30% today so you must be grinning from ear to ear!

u wrong then relishing after today......i'm up 18p after one day holding!!!!

Leed Petroleum is the "Oil & Gas Stock To Watch" in this week's shares mag. At time of printing, they have LDP as a buy at 44p - so well done to whoever authored that article.

its not often shares mag has a good tip......i dont even read it these days due to woeful tips a few years ago.....and that was when market was good

Hi everyone, just back on line having been off since Tuesday. What great news, 3
zones of over 80ft and still the primary objective to go, seems sometime next month is likely? Also of importance is the 2000bopd from Well-6 which gives us
some excellent revenue.
cyril

do u think sp will keep rising this month cyril? remember oil will go to 150$

Scot, market unsettled at this minute so until it quitens down who knows? I believe the result of the primary target(due next month) will have a lot of effect on the SP,fngers crossed but still a good company with some great assets and only
recently won at auction two more blocks.
cyril

good increase today......this should rise just on oil price alone

going even higher! come on cyril, smell the money

come on cyril.....stop working, its almost 5pm.....u must be about last british person working in uk, lol, haha.

sp hit 72p at 1 point but still a great day.....count your cash tonight cyril

Scot iv'e been out making the most of my retirement, on the golf course.
Nice to see the company bring noticed and with it the SP.
cyril

Another good day for Leed shareholders. I am planning to get the header updated with all the latest details but busy with work so could take a few days.

Well today gave a good example of that the market doesn't go up in a straight line,
proably a fair bit of profit taking. The importent thing to remember is the fundamentals are (more than) good, so keep faith and come the year end, just
rewards will be there?
aimho
cyril

jes, at this rate it will be 49p again prior to announcement....i was 72p at 1 point on monday, now its 60p only 2 days later....this share is volatile

I had hoped we might get a bit back today, but the persistent seller is still there in the background feeding the market with stock and selling into any strength.