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good strike against the head as they say in rugby parlance

It is looking good isn't it....?...

being ,as cynners consistently reminds us, a totally MM controlled stock. XEL is standing up rather well in this absolute pig of a market....Must admit i thought s/p would bomb first thing this morning; but then the Sun came out . ......l added another tranche @ 242 level ......working on the premise that you have to be in it to win it . Company itself is duly keeping the mkt informed which while in itself is not unique ,it is is somewhat refreshing to see at critical times such as these. ...,,,,,but cant deny MMs antics are unnerving weak holders and those sitting on a large wedge of paper profit ,and making those with o/weight positions sweat more than juste a little in their endeavours to lock in max gains what with MMs sudden overexxagerated knee-jerk movement of s/p.. lts all over the place ................ until drilling test results are known mm's will exploit every oppo to take s/p wherever they want. ,,,,,,,,,,,,,,,,,,,not for the first time recently but they currently appear to be collecting some stock themselves as XEL is moving up a little on the back of selling pressure- which can only mean but one thing ...- ..............surely a good sign/ indicator of things to come for holders .........................mais qui sait ?

Pat on back for me too, tfc...I topped up at 242 at dinner time, and finished work to find 255.......with 90% of my shares red today, made a nice finish to the day..

i sold this morning's purchase "too early", but it'll pay for a decent bottle of wine and a pint of half/half for Emu!

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23/11/2010 14:30 UKREG 9/3b-6z Well Update
17/11/2010 14:30 UKREG "Rowan Norway" N-Class Jack-up Rig


I notice "major news" items are now being released at Canada open, which is 14:30 UK time.

Going to keep people on their toes next week, could be a 7am or more likely now a 14:30 in the afternoon RNS about flow test etc..

L2 powering up.

Solid blue and 6 v 2 260/266 now

nothing amazing, but good to see sp back in the right direction

All eyes on Betty now. She appears to be just sat waiting for the call to make a move eastwards.

Mon 29th Nov is the start of the 1st week of Dec, as Wed is the 1st of Dec.

Betty on site this Friday (26th Nov) and starting soon after that is what I am going for.

Results either Thu/Fri next week or Mon 6th Dec.

39th Oilbarrel Conference 9th December 2010

9th December 2010

9.30 am - 1.30 pm

The Brewery, Chiswell Street, London EC1Y 4SD

Among the companies presenting are:

Cadogan Petroleum Plc
Leed Petroleum Plc
Niche Group Plc
Xcite Energy Resources Ltd


http://t1ps.com/shop/page-event/event_id-9

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extraordinary <1m traded today ..... sp at a level where it's quite tempting to have another little dabble

Dabbled...............too soon! :o(

just bought a few at 249.5

just bought a few at 249.5

just bought a pile more at 247

I liked my buy at 2.42......that'll do me for now.,.

would, of course have preffered yesterdays 233p offer :-) ....242p seems value for money considering G/S note . Pros. l bow to your far superior research and knowledge of this individual stock which you have tracked for over a year ;and in total antiphisis when compared to mine own, which at best, was cursory, and at worst , derisory, and furthermore, only really began when the truly xciting action had already occured. This is not the sort of stock that usually appeals to me. heavy oils ect ect ; and at 200p the bus was missed as such....{ lncidentally - l would like to know when s/p was approx 296/300 did you crystalize any of the paper profit you would have made at that level or let them fizzle away in much the same way you suggested Cynners did but in his case namely selling too early ? ....OR ,,,if we are to take your argument to its logical conclusion ,,,and this is the real meat of my posting ,,,Do you expect 300p to be surpassed with consummate ease if all criteria on this project are met ?. l suppose you must do if or ,as i have already intimated, the rationale' of your argument is flawed in that you would not have let 300p come and go .But l am not blind to the fact that on many occassions one aquires " a feel " for a stock after scrutizing it over a period of time ;and based on this variable l would be most happy to know at what price would you think you could you be persuaded to part with your own?

The tanker Betty Knutsen is now moving east towards the Ocean Nomad rig, so flow test should be starting this weekend.

Proselenes.....are you in Aberdeen at the port with a pair of binoculars...?.....any good lasses in sight ?....