Oil Stock Competition for July: ReJuvenate July for >20%....

Up: Aminex (LON:AEX) positive market surprise on CPR
Down: Xcite Energy (LON:XEL) Delays/disappointment/dilution from flow test

UP:

IMO the chances are quite high that something is afoot at SOCO International (LON:SIA), with first oil from the H4 platform scheduled for 12th July. 

DOWN:

I also think that things may be afoot at Cairn Energy (LON:CNE), with today's news re lightening up on Cairn India and raising cash.....

There are also a raft of candidates amongst the minnows for both ups and downs - it could be a volatile month?

Gkp for the +20% for me please after the hammering it has received. Agm in 2 weeks so am pretty sure there will be significant news before then to ease the likely lambasting management are in line for.

As for the down. Toughie. Have to plump with PMG yet again.

Difficult to know what to pick with all the negativity affecting the small oilers and a lot of volatility to boot.
Soco (SIA.L) is sitting there underpinned by a buy back and with TGT 2 start up likely to happen on July 12, and the outcome of CNV gas/liquids apportionment to come shortly.
The Kurdistan oilers are floating, or rather sinking, on a sea of political fear, while they seem to continue to prove up endless quantities of oil. WZR in particular has a lot happening in the next month, but short term cash concerns may be holding the SP back.
With a June punt on Agriterra (AGTA.L) I've got my dunces hat on (again). But the results of the further drilling of the Tullow (TLW.L) Kenya well are due in July, and if successful, they should focus attention on the September scheduled South Omo well where AGTA is a 20% partner.

Agriterra (AGTA.L) +20%
Borders & Southern (BOR.L) -20%

In reply to marben100, post #1

For the up I tend to agree with Mark, Aminex could well do well on the CPR, though given the response so far to the well test results, it may need even more to produce an upward move! WZR looks set for a move up too, and of course a resolution SIA could be imminent. I'll go for

Up: Aminex (LON:AEX)

For down I'm tempted to stick with PMG, but it's been hit along with everything else recently, so a small change in market mood could easily see it move back up, and it does now have a bit of underpinning from DEO, But I'll go with it anyway

Down: Parkmead (LON:PMG)

Loads of bargains out there that can increase more then 20% in July as O+G E&P's are so cheap at the moment.

GKP
EXI
PTR
SOU
TPL
SIA
PMO
SLG
IAE
BLVN
WZR
PCI

I will go for TPL in July please.

- Resource report due for Tajikstan and Spudding of Dyna any day now.

I hope Soco is taken over in July, I have a significant holding that dwarfs anything else I have. A sale will let me catch a whole load of other opportunities I have in my mind.

Deadline for the July competition entries is midnight tonight.......
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Up: CTP (ASX)
Down : WTE

AEX on ISIS reserves update and/or news of USA sales, BOR on Stebbing results, FOGL on predrill build up, or SIA on sales talk (no buy back of shares at the moment indicative of something up?). Which to choose?

I hold AEX, FOGL and SIA so will choose from them, and have selected

AEX for the up

Lots of BB comment indicates the building up of a head of steam and a rerating - 5.13p does not look impossible

Well I agree that finally we may see some definitive action at SIA but my UP choice is Heritage HOIL, they will be suspended tomorrow pending the detailed Prospectus re their Nigeria deal , if anyone can prosper in that lawless and godforsaken country then my money is on Heritage doing so.

No Down

Cheers

In reply to rhomboid1, post #10

Agreed, I never included HOIL in my list above despite having a reasonable holding. The Nigerian deal looks very interesting!

http://www.telegraph.co.uk/finance/newsbysector/energy/oilandgas/9367374/Heritage-Oil-to-buy-541m-Nigerian-oil-assets-from-Shell.html

GKP up 50% in the past week.....Soco STORMING AHEAD and TPL Following ALIKE!!! :-D

For the >20% Up Competition, a good month for most entries and an exceptional
one for LOGP!!!.....really not that far from doubling in one month, a mere 90% up!!!
Congratulations to Cinghiale, GHH and Monman!!!

For the >20% Down Competition, BOR took the biggest hit, down 72%, with a dry well.
Quite a few got it right. Congratulations to Casanare, Flyingbull, Fuiseog, JPGH,
Sawney, Shujja, Slickreturns, Thegreatgeraldo and Wshak!!!

>20% UP Competition Results:

8.6% Average

90.6% LOGP Cinghiale Advfn
90.6% LOGP GHH Fool
90.6% LOGP Monman Advfn
30.7% MOG Flyingbull Fool
30.7% MOG Ohisay Advfn
30.6% GPX SHUJJA Advfn
27.5% IAE Nnnvvv Advfn
27.5% IAE Rnstranslator Fool
26.7% GKP Eipgam Advfn
26.7% GKP Fangorn Stockopedia
26.7% GKP FordPlay Advfn
26.7% GKP JPGH Fool
26.7% GKP Tburns Advfn
23.7% CTP (ASX) Robs12 Stockopedia
23.1% AFR DaveTheChef Advfn
23.1% AFR Jimmy McNulty Advfn
23.1% WZR Repobear Fool
23.1% WZR Sandoval Advfn
23.1% WZR Shipvan Fool
23.1% WZR Sporazene Fool
23.1% WZR Wistman Fool
20.9% PCI Sawney Fool
20.4% AEY Fleecednflogged Fool
14.8% AEX Dbfromgb Stockopedia
14.8% AEX El1te Advfn
14.8% AEX Hywel Fool
14.8% AEX Impvesta Fool
14.8% AEX Marben100 Stockopedia
14.8% AEX Peterg Stockopedia
12.8% SIA Emptyend Stockopedia
10.4% EME Kamose Advfn
10.4% EME Trotting12 Advfn
10.1% SMDR Luminoso Fool
9.5% COP Ewm55 Fool
6.0% CEO Johnnylite Fool
6.0% CEO Slickreturns Fool
6.0% CEO Squareloss Fool
6.0% CEO Thegreatgeraldo Fool
5.3% AGTA Fuiseog Stockopedia
2.0% SLG (TSX) Wshak Fool
0.5% XEL Peterbill Fool
0.0% HOIL Blackwhite Fool
0.0% GOO Fabius1 Fool
0.0% HOIL Haoma Fool
0.0% HOIL Rhomboid1 Stockopedia
-2.0% GBP ChristianF12 Advfn
-2.0% GBP Markc2010 Fool
-2.0% MXP Fatprophet Fool
-3.2% AOI Casanare Fool
-3.2% AOI Chriswalden Fool
-3.2% AOI Thaiinvest Fool
-5.4% EXI Eric76 Advfn
-5.4% EXI Peally Fool
-6.4% TPL Isaac Stockopedia
-6.4% TPL The_isolator Advfn
-12.5% VOG Logbaba Advfn
-14.5% PTR Dbarr0n Advfn
-17.0% FOGL Bengee Advfn
-17.0% FOGL Proselenes Fool
-19.5% AST Eastheath Fool
-24.5% FEP Fireplace22 Advfn
-50.4% HRN (TSX) Marty51 Advfn
-63.9% RMP Des12345 Advfn
-63.9% RMP Kojebee Advfn
-72.0% BOR Arc en ciel Advfn

>20% Down Competition Results:

-15.6% Average

-72.0% BOR Casanare Fool
-72.0% BOR Flyingbull Fool
-72.0% BOR Fuiseog Stockopedia
-72.0% BOR JPGH Fool
-72.0% BOR Sawney Fool
-72.0% BOR SHUJJA Advfn
-72.0% BOR Slickreturns Fool
-72.0% BOR Thegreatgeraldo Fool
-72.0% BOR Wshak Fool
-45.3% SOU Bengee Advfn
-45.3% SOU Des12345 Advfn
-45.3% SOU Fireplace22 Advfn
-45.3% SOU Monman Advfn
-31.3% RKH FordPlay Advfn
-27.0% INFA Rnstranslator Fool
-17.0% FOGL Cinghiale Advfn
-17.0% FOGL Eipgam Advfn
-17.0% FOGL GHH Fool
-17.0% FOGL Jimmy McNulty Advfn
-17.0% FOGL Luminoso Fool
-17.0% FOGL Peterbill Fool
-16.4% SOLO Markc2010 Fool
-10.7% COVE Marty51 Advfn
-6.1% PPC Ianpuddifoot Advfn
-5.4% EXI Blackwhite Fool
-4.0% EOG Eastheath Fool
-3.8% PMG Fangorn Stockopedia
-3.8% PMG Fleecednflogged Fool
-3.8% PMG Peterg Stockopedia
-2.0% MXP Proselenes Fool
-2.0% FPM El1te Advfn
-2.0% FPM Nnnvvv Advfn
0.0% XTR Haoma Fool
0.0% XTR Hywel Fool
0.0% WTE Robs12 Stockopedia
0.5% XEL Kamose Advfn
0.5% XEL Marben100 Stockopedia
0.5% XEL Peally Fool
0.5% XEL The_isolator Advfn
4.9% VGAS Eric76 Advfn
5.4% GPK Dbarr0n Advfn
5.4% GPK Sandoval Advfn
8.3% CNE Emptyend Stockopedia
8.3% BEH Ohisay Advfn
15.4% LGO Arc en ciel Advfn
23.1% AFR Tburns Advfn
26.7% GKP Kojebee Advfn
26.7% GKP Trotting12 Advfn
30.6% GPX Ewm55 Fool
30.7% MOG DaveTheChef Advfn
66.7% USOP ChristianF12 Advfn

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In reply to emptyend, post #2

Have we had any production numbers for H4 yet?  

In reply to MadDutch, post #14

Have we had any production numbers for H4 yet? 

Glad to see you revised your first comment  ;-)

I would think that the precise production numbers for H4 (in terms of capacities etc)  are going to be a closely-guarded secret until the point where the reserves assessment can be revealed.

There will be less doubt that the production capacity of the FPSO will be being max'ed out, as planned.

More detail on 22nd August.

ee

I am very glad I saw that error, too!

Looks like our 12 year (13or 14 in your case) Soco adventure is due to end soon.

Mike