.

.

RNS difficult to think that it isn't a duster?

Oh My Goodness! Dreadful. Don't have a heart attack DC or anyone else for that matter.

.

A lot of buying going on, not surprised at the low price.

is there any point in buying RMP or would i be better topping up RRL? [ i think i know the answer but would like others opinions] [i am thinking about adding to RRL]
Alex

Cannot advise you on the above - would like to buy more RRL but not got any funds. I like many others at this moment in time loosing loads. Topping up on RRL would be my answer as they seem to have more going on than RMP????????????

twas opinions not advice i sort 3M. i already bunged an order in for RRL was just thinking whether the fall in RMP had been overdone and had time to gain from a quick bounce but cant watch screens al afternoon so elected for RRL on the basis of their other projects.

Alex

Sorry if I offended you and gave advice rather than opinion but good luck with your choice.

3M, no offence taken. i just didn't want you thinking i was after advice.
regards

Alex

Shame they did not test......that's why the sp's have been slaughtered.....RRL will recover...no doubt....the other RMP...not so sure.....as nothing to fall back on that might drop below 10p....ouch.....but Range should recover...I'm sure about that....on to the next well.....not the best time to be in equities...and so far most of the wildcats have not come up to scratch...next up is Max Petroleum's deep well....and BOR's Stebbing well....

I think I was pleased to be out this afternoon . You know the risks when you invest in a company like this . Far from a market pleasing RNS. Anyone still left that was invested here, lets keep our heads up and hope for a next better drill result.

Bet you were glad to be out today DC never thought I would see this drop to 5.65p but it happened at one stage today however like you say lets keep our heads up and hope it recovers soon RMP had a bad knock so I am sure you are pleased you took profits from that.

Hi 3m, In blunt terms the market was looking for a commercial strike and x amount of barrels. Cannot believe they have no testing equiptment in the country. Hmmmm
does a plumber turn up to your house with no tools.

Hi DC what a load of crap far worse than BT I would suggest.

I thought you were saying I was talking a load of -----. perhaps I am.
You can never really get to the bottom of a RRL RNS.
Now you think was the testing gear not at hand a deliberate ploy as its non commercial.

or

as some investors are saying there could be 100 million barrels in the 12 - 20 mtr zone
not the 300million but still good.


Not much between the two really.

Not intimating you were talking a load of .... just agreeing how ludicrous this is. Nothing we can do out of our hands as they say.

I know 3m. Will not be buying anymore.

Horn down 51.23%

UPDATE: Horn Petroleum Down 43% After Lackluster Somalia Report

The company, today provided an update on the drilling program in Puntland, Somalia.

The Shabeel well has reached a total depth of 3,470 meters and has encountered metamorphic basement at a depth of 3,430 meters and is currently being suspended for future testing. The well has encountered additional potential net pay sands in the Jurassic Adigrat Formation at a depth of 3,246 to 3,430 meters, several of which exhibited oil and gas shows. Petrophysical analysis of the well log data indicates up to 3 meters of potential hydrocarbon pay in several thin sand units, AOI said. They are not considered to warrant testing at this time, but do further confirm the existence of a working petroleum system.

The Shabeel well is operated by Horn Petroleum Corp (HRN.V). Africa Oil holds a 51% equity interest in Horn Petroleum which in turn holds a 60% working interest in the Dharoor and Nugaal permits in Somalia. The other partners in the blocks include Range Resources (20%) and Red Emperor (20%).

AOI is now at $6.77, down 7.26%


Read more: http://community.nasdaq.com/News/2012-05/update-horn-petroleum-down-43-after-lackluster-somalia-report-second-most-active-on-tsxv.aspx?storyid=142091#ixzz1v9nJb25q