.

http://www.sgam.co.uk/broker-roundup-ormonde-mining-zincox-patagonia-gold-kalahari-minerals-europa-oil-gas-craneware/

..........FinnCap published a note on Europa Oil & Gas (LON:EOG), saying 2011 is set to be an important year for the group, with several high impact appraisal wells due to be drilled that could lead to a step change in the scale of the business.

The report came out a day after Europa announced the West Firsby-9 development well has reached a depth of 2,855 feet, has been cased and cemented and the rig is preparing to drill ahead.

West Firsby-9 is being engineered as a 2,000 feet long near-horizontal producer for the West Firsby field in Lincolnshire with the reservoir expected to be encountered in a structurally high position on the field.

The broker said that, with up to five wells due to be drilled during 2011, Europa is entering a period of significant growth potential as it seeks to boost reserves and production.

However, despite a well balanced licence portfolio, solid albeit mature production assets and an active drilling programme, the stock trades at an 80 percent discount to total net assat value. As a result, we believe a successful drilling programme could trigger a material re-rating as the potential value of these assets becomes more apparent than in the past, finnCap said.

The broker believes that high impact appraisal drilling on the Barchiz and Voitinel-Solca discoveries in Romania provides material upside potential in 2011. If results are positive it expects both projects to move rapidly into development, significantly boosting Europas reported reserves.

In aggregate, finncap estimates 11.1 million barrels of oil equivalent (mmboe) net to Europa will be targeted and it values this potential at 75.4 pence per share fully de-risked. Further out, in 2012, it considers appraisal of the ultra-high impact Berenx gas field in France a key driver, with an estimated 1.7 trillion cubic feet gas-initially-in-place...........

Off we go again :)

Superb increase......I still think that this is a golden age for a lot of small oil and gas companies and EOG is one of these gems....

People must be nuts selling these...I bet they have not checked the tiny market cap....that gives an indication of how far this could rise....

and the converse is ...?

I reckon a doubling of the sp from here....by the summer....

I am removing ALL my research from here due to the constant personal abuse, defamation and distortions of it posted by:

ptholden

hlyeo98

halifax

blackdown

kimoldfield

cynic


This bunch of abusive retards is the reason MoneyAM will NEVER have a forum worth reading.

I have reported them to support by they do nothing, either because they want to force me to PAY them for the Traders Room or because they are too lazy to do anything. Maybe the people in support are the ones perpetrating the abuse, so as to force people to pay for the premium boards. Either way the service is sh1te and a disgrace to the finace industry. No wonder there is nobody left here apart from morons.

I will continue posting my good research on boards that are run in accordance with FSA and LSE listing rules and the interests of the market, not here where ar5eh0les rule the boards and all decent research is buried under their piles of sh1te.

I am removing ALL my research from here due to the constant personal abuse, defamation and distortions of it posted by:

ptholden

hlyeo98

halifax

blackdown

kimoldfield

cynic


This bunch of abusive retards is the reason MoneyAM will NEVER have a forum worth reading.

I have reported them to support by they do nothing, either because they want to force me to PAY them for the Traders Room or because they are too lazy to do anything. Maybe the people in support are the ones perpetrating the abuse, so as to force people to pay for the premium boards. Either way the service is sh1te and a disgrace to the finace industry. No wonder there is nobody left here apart from morons.

I will continue posting my good research on boards that are run in accordance with FSA and LSE listing rules and the interests of the market, not here where ar5eh0les rule the boards and all decent research is buried under their piles of sh1te.

perhaps you're right .... time will tell, but you'll note (but assuredly ignore) that i refrain from the repetitive and tiresome abuse in which you seemingly revel with anyone who chooses to disagree with your view

cynic, you not buy in here ?

You made the same mistake on XEL not buying in when I started the thread after getting in at circa 20p levels.

Here again I am in at under 50% of the present share price, and enjoying the long rise upwards, again :)

He may say he's out but I'm sure he's in.

if you recollect, i eventually bought into XEL at 47 and then 81 in april/may 2010 - or at least that is my recollection, though easily checked

and yes, i have allowed myself to be modestly suckered here this morning, which i may or may not regret

as an aside, at least when i cock up i am not ashamed to admit it, and certainly i do not gloat ...... perhaps you can tell us which shares you have promoted and got badly wrong

You will not regret it Cynic.....if there is a gentle pullback...top up with some more....minimum of 50p by the summer...minimum...

you have crystal balls?

I think so...will have to check.....

rub them and see what happens

Predicting a doubling in the share price.....

swelling balls.......should see dr.,.

I am removing ALL my research from here due to the constant personal abuse, defamation and distortions of it posted by:

ptholden

hlyeo98

halifax

blackdown

kimoldfield

cynic


This bunch of abusive retards is the reason MoneyAM will NEVER have a forum worth reading.

I have reported them to support by they do nothing, either because they want to force me to PAY them for the Traders Room or because they are too lazy to do anything. Maybe the people in support are the ones perpetrating the abuse, so as to force people to pay for the premium boards. Either way the service is sh1te and a disgrace to the finace industry. No wonder there is nobody left here apart from morons.

I will continue posting my good research on boards that are run in accordance with FSA and LSE listing rules and the interests of the market, not here where ar5eh0les rule the boards and all decent research is buried under their piles of sh1te.

I am removing ALL my research from here due to the constant personal abuse, defamation and distortions of it posted by:

ptholden

hlyeo98

halifax

blackdown

kimoldfield

cynic


This bunch of abusive retards is the reason MoneyAM will NEVER have a forum worth reading.

I have reported them to support by they do nothing, either because they want to force me to PAY them for the Traders Room or because they are too lazy to do anything. Maybe the people in support are the ones perpetrating the abuse, so as to force people to pay for the premium boards. Either way the service is sh1te and a disgrace to the finace industry. No wonder there is nobody left here apart from morons.

I will continue posting my good research on boards that are run in accordance with FSA and LSE listing rules and the interests of the market, not here where ar5eh0les rule the boards and all decent research is buried under their piles of sh1te.