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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

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

As ee highlighted earlier, looks like it might get interesting at Cove Energy - auction time. http://www.investegate.co.uk/Article.aspx?id=201207130700045841H Reo

I have just had some at 275, hopefully later in the year that will look a good move. Reo

This year's ISA allowance has just picked up SIA, I hope I have made a wise decision - initial surprise at price available and my overall holding is starting to look overweight, but I feel as comfortable as one can ! Reo