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Solo Oil could go So high ! (SOLO)     

skyhigh - 19 Oct 2009 08:28

Chart.aspx?Provider=EODIntra&Code=SOLO&SChart.aspx?Provider=Intra&Code=SOLO&Size


From the Financial Times this weekend

Solo Oil , which is chaired by David Lenigas, rose 15.4 per cent to 0.75p on talk it was close to announcing its first deal.

I'm on board this morning..good story developing here (imho) ... onwards and upwards... anyone else in ?

Glen Howarth - 12 Sep 2012 10:37 - 281 of 429

Jazz,26m traded in first few hours today ,worth another look at the Ceo,s recent
comments on canada.

Neil Ritson, Solo Executive Director, commented:

"We are delighted that, after the recent comprehensive facilities upgrade, the Ausable Field is now entering full-scale operation. As additional wells are hooked up to the new facilities and gas recycling rates are increased we remain confident that our previous estimate of a gross 500 boepd remains achievable by end 2012. The addition of refrigeration facilities and the use of equity gas from the Airport wells will further enhance the economics of the project, which now offers substantial benefits to Solo and its shareholders."

Jazz T - 12 Sep 2012 12:18 - 282 of 429

Starting to prepare for a breakout now glen

Glen Howarth - 12 Sep 2012 12:48 - 283 of 429

Jazz im on the blackberry in the car,whats live price mate ?

Jazz T - 12 Sep 2012 13:14 - 284 of 429

Glen live price is 0.33p - 0.34p and possibly about to tick up again

ahoj - 12 Sep 2012 13:14 - 285 of 429

0.33-0.34
slight rise, 41.4m traded.

Many small buys, & volume is higher than daily average and we have over 3 hours left.

Jazz T - 12 Sep 2012 13:23 - 286 of 429

ahoj they are presenting at Oil Barrel tomorrow and could well put an update out
if they unveiling price sensitive info. Good luck

Glen Howarth - 12 Sep 2012 13:55 - 287 of 429

Thanks jazz appreciate the update,could be a lively close today i think mate

Balerboy - 12 Sep 2012 14:14 - 288 of 429

you boys must be in up to your necks trying to talk this one up.......lol

Jazz T - 12 Sep 2012 14:56 - 289 of 429

balerboy actually i have around 1.3m of these at 0.308p and will add more
when i have funds to do so. Check the ceo,s comments from a few weeks
back in last update.

Neil Ritson, Solo Executive Director, commented:

"We are delighted that, after the recent comprehensive facilities upgrade, the Ausable Field is now entering full-scale operation. As additional wells are hooked up to the new facilities and gas recycling rates are increased we remain confident that our previous estimate of a gross 500 boepd remains achievable by end 2012. The addition of refrigeration facilities and the use of equity gas from the Airport wells will further enhance the economics of the project, which now offers substantial benefits to Solo and its shareholders."

Jackson55 - 12 Sep 2012 16:07 - 290 of 429

Starting to make progress now,some very solid buying here all day and some
tight control by the mm,s. Could be some big buys not published yet imvho

Jazz T - 12 Sep 2012 16:50 - 291 of 429

Large 10m buy late on here at 0.33p,think that was delayed from lunchtime when
they moved the spread around quickly up and down.I couldnt get a quote for more
than 1.5m all day through barcs so someone is being helped to stakebuild here in
my humble opinion.

Interesting times

Jackson55 - 12 Sep 2012 21:09 - 292 of 429

jazz that sure was a good sized buy for this share and when combined with
all the multi 1m and 2m buys last few days i think it shows something cooking
here.

The oil barrel conference tomorrow may well be an eye opener

Glen Howarth - 13 Sep 2012 08:26 - 293 of 429

Jazz,looking at the trades again yesterday its clear something is stirring and the big buyer is very keen.If they are making the progress as per last Rns this will soon be trading huge volumes.

alwickkk - 13 Sep 2012 09:56 - 294 of 429

been keeping an eye on this lately...looks a interesting little company

Balerboy - 13 Sep 2012 22:05 - 295 of 429

ah the 3k alwickkk.....

Glen Howarth - 13 Sep 2012 22:43 - 296 of 429

Solo gave a superb presentation at oil barrel today and i was left thinking that
the company are moving ahead a pace on all fronts.Farm out on tanzania
could be very soon indeed.

Slides on the website ( on right hand column of homepage just under video )

http://www.solooil.co.uk/

ahoj - 14 Sep 2012 09:08 - 297 of 429

Sorry Glen,

I see no rapid turn around here. Sold mine with moderate loss. Good luck to you and other holders.

My GLEN is covering the loss very well.

Glen Howarth - 14 Sep 2012 09:27 - 298 of 429

ahoj, thats a shame mate as i honestly think solo are in a better position now
than anytime in last few years.Im a fairly new entrant here at 0.308p which im
confident of good returns. Was some talk on the floor yesterday that Anadarko
petroleum could be taking a stake in the Aex / solo licence,watch this space.

Glen ???

ahoj - 14 Sep 2012 09:35 - 299 of 429

I meant my Glencore shares. Rising food and commodity prices will move it to £4 by year end IMO.

Glen Howarth - 14 Sep 2012 11:21 - 300 of 429

ahoj, interesting i will keep an eye on them,doubt it will double but could go on
a good run i think and xtrata deal looks tasty.
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