Not a good place to jump from mentor ,look at the shape !!

might stop off at the chinese restaurant on the way down for i hear it's very good :-)

Try the Walkie Talkie that would work .

re- wrecking your own thread

another lie

the thread is "grevis2" not mine, i am making sure the wordl knows what kind of "fool" you are, instead of you trying to make the others think the other way

is you who shoud not be here, " STALKER"

OPHR, i not too bad today considering the market and oil prices on the way down

The index is well down for Oil & Gas Producers
Value 6,714.43 Change -75.56 (-1.12%)

Oil & Gas Producers Risers
Price Change

Ascent Res. (AST) 0.125 8.70%
Savannah Petrol (SAVP) 29.50 7.27%
Sefton Res. (SER) 0.09 5.88%
Sound Oil (SOU) 15.125 5.22%
Cadogan (CAD) 9.375 2.74%
Solo Oil (SOLO) 0.61 2.52%
Wentworth Res. (WRL) 32.00 2.40%
Nighthawk (HAWK) 5.99 2.22%
Zoltav Res (ZOL) 48.50 2.11%
Igas Energy (IGAS) 26.00 1.96%

Oil & Gas Producers Fallers
Price Change

Afren (AFR) 4.80 -26.15%
Kea Petroleum (KEA) 0.675 -22.86%
Leed Resources (LDP) 0.06 -7.69%
Soco Intl. (SIA) 148.00 -6.68%
Indep. Res. (IRG) 1.75 -6.67%
Frontera Res (FRR) 0.94 -6.00%
Andes Energia (AEN) 17.00 -5.56%
Westmount Engy. (WTE) 8.50 -5.56%
Xtract (XTR) 0.09 -5.26%
Gulf Keystone (GKP) 36.75 -5.16%

cinic

re - well little puff adder

well well we just spotted the - feminine side - of that " liar "

did you had the Apron on when posting? or was while still cooking that you were posting, then maybe you whould have another excuse as usual.

------------------------------- Intraday Brent Oil ------------------------------------------------------------ 1 month ----------
------

OIL prices still moving lower, but small cap companies are rising today

OPHR is aT best of the day as the order book has been strong most of the day

everything it seems was ready this morning for the bounce

Yesterday, two large trades after close 1M UT at offer price and 571K buy also at offer price
All Indicators at lows and even under Lower Band the share price at BB
Volume today higher than usual, so another point to add....volume and rising

Top up with another lot at 121.919p, offer at 121.40p but paid premium for T+20
tough the orde book was a bit close to level, but the argument is good

large Uncrossed trade at close as UT 122p, today well above mid price.

other positive news on the way
Results just a couple days away Thursday

Chancellor most likely giving uk oils some tax breaks tomorrow.

moving up with the market and after yesterday's change of direction for most oil stocks, despited oil prices still falling, though not as much for Brent oil, most small cap are bouncing back

order book a bit level to strong, though not as much as earlier

BUDGET 2015

North Sea oil

There was much pre-Budget talk on whether there would be help for the North Sea oil industry. And here it is.
From the start of next month there will be a "single, simple and generous tax allowance to stimulate investment at all stages of the industry".
There will be new seismic surveys in under-explored areas of the UK Continental Shelf.
And, perhaps most importantly, from next year, the Petroleum Revenue Tax will be cut from 50% to 35% to support continued production in older fields.

Some recovery on the oil price this afternoon

for Brent looking at the 3 days chart, has been support around the $52.65

------------------------3 days ----------

so far 32.12M share has been purchased

Buyback of shares -- 29 August, 2014

Ophir Energy plc (“Ophir”) announced on 14 August 2014 that, after assessing the near-term capital needs of the business and the discount the Company’s shares are trading at in relation to the underlying core value of the asset base, the Board had approved a share buyback programme of up to US$100 million of ordinary shares (the “Programme”).

Ophir has entered into an arrangement with its brokers, Morgan Stanley Securities Limited, Jefferies International Limited and RBC Europe Limited, to enable the brokers to make purchases of shares during the period commencing on the date hereof and ending on 21 May 2015, including during Ophir’s close periods on a non-discretionary basis. The objective of the Programme is to reduce the issued share capital of Ophir and the shares purchased will be held as treasury shares.

The Programme will be effected within certain pre-set parameters pursuant to the arrangement and in accordance with Ophir’s general authority to repurchase shares granted by its shareholders at its Annual General Meeting held on 21 May 2014 and Chapter 12 of the Listing Rules. The maximum aggregate number of shares that Ophir may purchase is 59,200,000 shares and the maximum price is the higher of 105% of the average middle-market price calculated over the five business days preceding each purchase and the price stipulated in Commission Regulation

http://www.ophir-energy.com/media-centre/press-releases/buyback-of-shares.aspx

another 4.30p up and an intraday high just now

A good 4.50p rise on the day of results .........

Ophir swings to FY pretax profit

Ophir Energy has swung to a FY pretax profit of $288.5m, from a year-earlier loss of $280.5m.

Highlights:

· Completed the divestment of a 20% interest in Blocks 1, 3 and 4, Tanzania to Pavilion Energy for $1.288 billion (pre-tax)

· Cash and cash investments of $1.17 billion as at 31 December 2014 (2013: $667 million)

· Total net contingent resource of 1,031 mmboe at end 2014 - after resources divested to Pavilion and added through the drill bit (2013: 1,256 mmboe)

· Three-year average total finding cost of $1.34/boe (2013: $0.89/boe)

· Post tax profit of $54.8 million (2013: $245.8 million loss)

· Drilled 11 exploration and appraisal wells in 2014, six of which were successful

· More than doubled exploration acreage with no firm well commitments through addition of new licences in Gabon, Indonesia, Myanmar and the Seychelles

· Progressed with the Floating LNG project in Equatorial Guinea, having flowed hydrocarbons to surface at an implied rate of 180 MMscfd and amended fiscal terms

Earnings per share 6.00p (29.00p)

Ophir cuts spending to cope with lower oil prices
By Karolin Schaps

LONDON, March 19 (Reuters) - Oil explorer Ophir Energy , which completed the acquisition of rival Salamander Energy this month, returned to profit last year and said it would cut spending by $250 million over two years to deal with low oil prices.

The London-listed company reported a full-year operating profit of $294.4 million, compared with a $307.6 million loss the previous year, as it benefited from selling stakes in some of its Tanzanian fields.

Ophir, like its industry peers, is cutting capital spending following a halving in oil prices since last June.

The company, whose main assets are in Africa, has reduced its capex programme by around 50 percent year on year to $250-300 million, it said on Thursday.

Other savings will come from reducing overhead costs, which will include some job cuts, chief executive, Nick Cooper, said.

"Ophir has doubled its exploration footprint during 2014 but only has $100 million of committed exploration and appraisal spending in the portfolio between now and 2017," he said.

Ophir's 267 million pound takeover of Salamander Energy has given the oil explorer a firmer footing in southeast Asia and a number of producing assets.

It said the Sinphuhorm gas field and Bualuang oil field in Thailand alone are expected to generate around $150 million in cash this year.

Ophir has been trying to grow by acquisition for a while, having two takeover offers rejected by Premier Oil last year.

another good movement up this morning to 132.60p +3.30p

share price ready to go over 20 days MA

Is moving great guns as the order book is very strong on the bid side DEPTH at one time was 85 v 53 and on that bullish mood the share price went to 135.30p

now is back to 133.80p with 72 v 61 and bullish again, after some profit taking

a bit of up and down but intraday uptrend