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11/05/09
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REO100's Latest Blogs

Iti-1 Completed and abandoned with a clear implication that GBP are not going to use any further resources in this area.  I am interested in what may happen in the shorter term.  Based on current SP valuation 15/6/09 Global are £10.5m  and  what they do have  available to them is approx. £13.5m and 25% of the EA5 Licence.  I am ignoring the pending legal action…



REO100's Latest Comments

A little harsh on timing of trading update, the August update was at the same time - I think this more likely to SA listing. As already mention the content of the update looks strong and the recent coal purchase encouraging.

I'm definitely not tempted I had been in this sector for just over 20 years until approx. 6 months ago. The historical story with Pets At Home is of great success I believe Anthony Preston running a small family pet wholesale business 30 odd years ago saw a retail opportunity originally in the North West and established Pets At Home. It can be difficult when…

The simple takeaways for me from the Bloomberg news: - H5 fault block encountered a remarkably thick oil section - Testing in 3 different zones - Latest well goes a long way to confirming upside number for oil in place - Soco targeting a recovery rate up to 50% - Dividend hopefully significant and sustainable - Looks like we have a large breadbox ? I'm…

Good luck with Cap d'Agde just got back (fairly close) from there - 2 weeks holiday - last few days the temp. dropped significantly and high winds as well. I am sure you will have fun anyway. Reo

Hi Mark Not sure what to make of it currently, especially after last weeks presentation - would have it been known then ? However - if you look at this link it actually says 'MARKETING PROCESS DELAYED TO LATER IN 2012 SIGNIFICANT FIELD WORK IS IN PROGRESS' rather than 'PLANNED'http://www.meagheroil.com/resources/project/AMINEX%20USA,%20INC.%20SHOATS%20CREEK%20FIELD/ Reo



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