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post Posted: Jun 2 2009, 04:54 PM
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In Reply To: JM1's post @ Jun 2 2009, 03:28 PM

The lack of detail while perhaps is a little disturbing does not necessarily mean bad news --- it may eventually contribute to a great result --- who knows!

post Posted: Jun 2 2009, 04:35 PM
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Traded out most of my SPP NWE's today at 2.5c. Shd have put the lot on the sell order. I think that the announcement is good and that over time NWE might reap a reasonable reward from Puffin. However, they have to stabilise their business elsewhere first. 1.25% of Puffin is of no use to anyone if the IRR holder is broke.

post Posted: Jun 2 2009, 04:20 PM
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Hi, mattyroo.

What do you make of this latest announcement?


post Posted: Jun 2 2009, 04:17 PM
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lateral continuity of the oil bearing structure.

no details but at least its not a duster, might give some indication to the extent of the field?

Time will tell!
post Posted: Jun 2 2009, 03:28 PM
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In Reply To: Roberts5's post @ Jun 2 2009, 03:06 PM

yes the oil is good but the lack of detail is disturbing.

post Posted: Jun 2 2009, 03:06 PM
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In Reply To: mattyroo's post @ Jun 2 2009, 08:43 AM

Tuesdays expected ann just out by AED.

Live oil in both sands .... very good news indeed.

Not much other detail as yet.


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post Posted: Jun 2 2009, 08:43 AM
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In Reply To: yankiwi's post @ Jun 1 2009, 06:52 AM

"I sense your frustration or is it "road rage" from somewhere in Asia"

Not road rage, but Monkey frustration.... On the Ningaloo Vision at the moment, so you will know what I'm talking about. happy.gif

post Posted: Jun 2 2009, 08:10 AM
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In Reply To: triage's post @ May 31 2009, 12:37 PM

AED apparently has very strong form in only making progress announcements on Tuesdays, which may explain no blockbuster announcement of success at puffin 13 in the latter part of last week. If they are true to form then we all should hope for a ripper of an announcement from AED this coming Tuesday.

That would be today. . .

Hope you are right Triage.

post Posted: Jun 2 2009, 04:53 AM
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Tapis oil at over US$71

post Posted: Jun 1 2009, 09:01 AM
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In Reply To: suti's post @ May 31 2009, 04:26 PM

You could read it from another perspective ie diversification! biggrin.gif
No use having all your eggs in one basket and what's to say they don't still takeout NWE?
And why would Sinopec plough so much money into a dud? biggrin.gif

Got to disagree with your comments on this one.


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