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What ?...no blogs on the "Foilkie" oil stocks ?.....bizarre...bizarre....who knows... Borders might give a nice update tomorrow morning.....dream on RF..........

Interesting new summary of the USGS estimates of undiscovered oil and gas in South America which also covers area 18 - Falklands.

http://pubs.usgs.gov/fs/2012/3046/fs2012-3046.pdf


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http://www.cnbc.com/id/47790043

Mark my words. Things will not be as good for fogl as Proselenes is saying. I bought PVR and cashed out a few months ago & now just bought in again after watching this video which sounded good

Why in the name of fuck do I now have to post with a new name

'Cos there are already six people who have been banned for using the word S*x in their name and they like to keep a record. So brace yourself! ;o)

Yet again, a poster I have never seen on here condemning Fogl so that they can ramp another company.
The problem is they never quantify their comments.

Looks like it could be an August spud for Loligo - that would be fine with me, in fact beneficial for share price strength. Oil price should be strong and upwards going into Q3 and the markets normally rally after the summer doldrums.

So its all looking like the "perfect" storm for FOGL come August - markets in a good (better) mood, oil price robustly moving upwards in Q3 and Loligo spuds......... all good.

PP dream on.

It is very interesting, and as I have been saying for some time - FOGL has been and still is the perfect buy at the moment. Minimal downside and loaded with massive upside for Q3.

Here is a chart of FOGL versus the other FI explorers last couple of months.





And here is the chart of FOGL versus a range of other oil and gas stocks last couple of months.




When you look at the figures some people have lost a fortune in the last couple of months because they are in love with other stocks and holding them for no valid reason except blind love and hope. When markets wobble sell the weak and buy the strong - its very simple. The strong will go up more first, the weak will only rise again later.

B***s

FOGL a chosen stock a couple of times...........

http://issuu.com/spreadbetmagazine/docs/spreadbet-magazine-v6_generic?mode=window&pageNumber=1

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FOGL a top pick, along with TLW, OPHR, CHAR and BLVN for Jefferies.

TRP is not a top pick..........

http://ca.reuters.com/article/businessNews/idCABRE85O0FL20120625

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http://in.reuters.com/article/2012/06/25/towerresources-research-jefferies-idINL3E8HP2EC20120625

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The underlying fact is that RKH, the only company down there to actually find out can't even get a farm in agreement. Mark my words, 'how ever good the return on ivestments are, they won't be as good as what Proselenes is making them out to be'

Farm out done. Always said FOGL is the most attractive of all companies down there and therefore would be first to farm out, and so they are..........

http://www.investegate.co.uk/Article.aspx?id=201206260700181122G

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but will that actually do much to inspire sp? ..... no doubt an initial knee-jerk, but then what?

The long awaited farm in has arrived and 'still' people hint they are not happy (they are really, but we all know that).
And EDF are a French company via the EDF Group, so the French are on board, so another country re Argentina V the UK (if it comes to that, but it won't).
Good news, whichever way you look at it!

i didn't say i wasn't happy; i just wonder whether this is genuinely good news - apart from cash injection, though presumably for loss of equity

Hi Cynic,

I did jump the gun a bit with the 'not happy' comment, but you must admit, you do live up to your name.
Not that, that is a bad thing.
Cynicism is always good to keep things on a sensible, level keel.
But to answer your questions, I feel the deal is very good for Fogl and EDF, as the loss of equity V shared risk, plus cash injections = probable reward is excellent.

I think it may be because I seem to remember that he sold most of his FOGL holding the other day, which is very unlucky timing. I wasn't even aware that they were looking for a farm in partner, but have kept hold of my FOGL stock, which is also just luck.