Institutions been buying this month, anyone know why

Activities
Sound Oil plc was formed in 2005 for the purpose of evaluating and making investments in energy resource business opportunities in North and West Africa. The investments may be either quoted or unquoted and may be in companies, partnerships, joint ventures or direct investments in specific projects. The Directors believe that, in current market conditions, good opportunities exist for investment in situations that are, in their opinion, undervalued or capable of showing an above average return. The Directors believe that there exists the potential for the Company to generate a high-value portfolio of energy resource assets in North and West Africa. The Company intends to be an active investor. Accordingly, the Company will be directly involved in the ventures in which it participates and will often seek the main management positio

Recent Director Dealings
Date Director Trans Amount Type Price (p) Value () Holding %
07-07-2006 A. Heath BUY 827,586 ORD 7.25 60,000 - -
07-07-2006 G. Orbell BUY 1,655,172 ORD 7.25 120,000 - -
26-06-2006 G. Orbell BUY 75,000 ORD 6.38 4,785 - -

http://www.soundoil.co.uk/common/publications/presentationdecember2006.pdf

Drilling imminent - click status report above