.

330 down to 240....one hell of a drop....glad I sold some at almost the top...now have bought a lot back....praying that this is not going to turn out to be a mistake....no sign of Proselenes at the moment....

Don't like the look of the chart either......rarely do things rebound sharply higher when you get a spike like that, but it could happen due the enormous potential of such a pay zone....

joining thread as I see you need some moral support at the moment. I am in these shares for modest amount and top up at 250 this morning . Do believe it will come right. Weather conditions up there must be miserable at the moment and nobody wants to make a b.....ks of it I assume.

Hello monacoman !.....hope you are right.....doubts are settling in with this wait...it's like being in the film "High Noon".....that classic old western....

Yes fingers crossed. I feel XEL have made all the right 'behind scenes' preparations in advance as they are very aware of what is about to happen to the sp.
I also expect EO. and NPE sp to benefit from good news from XEL

Posted on another BB an hr ago:

I thought it was quite a good one.

Mr Ian Tulloch, Port Controller at Lerwick Port Authority, Tel: 01595 692 991, he informed me that the Betty Knutsen is at present anchored approximately 1mile outside the Lerwick Port Authority area. He advised that 4 crew members disembarked the Betty Knutsen this morning, and that 3 crew are still on board.

Called Nathan at Graypen Tanker Agents, Tel: 01806 242 077, they are the Betty Knutsen shipping agents, who confirmed that 4 crew members left this morning, and that 3 crew are still on board the ship. The Betty Knutsen will head back out around 1600 after NEW relief crew have arrived from Aberdeen by 1600 today. That is why the Betty Knutsen is having a rest break.

Lastly I called and spoke to Mr. Kim Johansson, the Betty Knutsen Ships Officer, he is onboard the Betty Knutsen, Ship Tel: 004791660210 (PLEASE DO NOT CALL HIM AGAIN) he advised that four crew members did leave the Betty Knutsen this morning, and yes they are waiting for 4 new crew to arrive from Aberdeen, and YES the ship has 2,000Cubic of oil on board from the flow test/s and that the reason for the temporary return was for a minor hose pipe breakage. The Betty Knutsen is not in for repairs, they will not off load any oil, the Betty Knutsen will head back out after 1600 today, once the additional crew have arrived.

phew.... will take with pinch of salt for now...my buy at 242 lookin good.,.

2000 cubic what ? feet ?..or meters ?....if this is anything to go by....the flow test is on going....and it has flowed oil.....the company seems pretty confident of developing this bentley prospect...they talk about first stage and all that so we might have a success here.....might be pretty close to being declared commercial...if we can go by the Betty blog...

The LOI anticipates that XER and BAOL will enter into a definitive agreement ("Agreement") for the rig by 15 December 2010, following which the Rowan Norway is expected to be available to commence the first stage production ("FSP") on the Bentley field in the fourth quarter of 2011. The LOI provides for a termination fee of US$2.5 million payable by XER in the event it does not enter into the Agreement by this date. The initial commitment period of 240 days will facilitate the drilling of up to six wells on the Bentley field as part of the anticipated three year FSP.

could be interesting tomorrow.,.

could be a while for test to take place if weather is bad, no rns about Rowan Norway, perhaps later today.

A delay.....anyway we shall wait....no problem......

Bought in at 230p

Well done hyle98.....too slow myself...was back to 245 before I could do anything...

et voila .......c'est chateau Latour ou vinaigre maintenant ...pur et simple ......mms loving every minute of this unfortunate delay

I wish they would get on with it.....if it goes pear shaped .....heavens forbid : I will be back to square one......a goodflow and we all benefit.....never thought it would be so low just before this crucial test.....

MM's creaming this, holding my nerve this drop is well overdone on available info

all very red on my watch list, miners and oilies. still no news on rig contract.,.

Topped up again.....just ridiculous now.....into the 220's now.....105p drop from the top.....

This now leaves room for an incredible upsurge in the event of a good flow test.....potential to double from here......may the gods be with us....

Going to top up 6,511 shares as i think there is plenty of upside