RNS: http://www.investegate.co.uk/Article.aspx?id=20100722070000H3315

   ·     Gross oil column of 210ft (64m), in better than expected reservoir;
   ·     Preliminary analysis indicates:
         o   Gross volumes in place (STOIIP) of between 250 and 520 mmboe; and
         o  Gross recoverable volumes currently estimated at between 75 and 155 mmboe of oil and associated gas;
   ·     Situated on the Halten Terrace, close to existing development infrastructure.

Faroe has 30% of Maria. Market cap last night 225m. 175m shares.

I have just bought a few...


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