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PetroLatina (AIM: PELE), an independent oil and gas exploration, development and production company focused on Latin America, is pleased to announce that the preliminary engineering analysis for its Colon-1 exploration well on the La Paloma block in the Middle Magdalena valley, Colombia has now been completed. The preliminary analysis indicates that this new field discovery has significant potential in terms of the expected production rate and the volumes of oil discovered. The Company retains an 80 per cent. working interest in the Colon-1 well and is the operator.
http://www.investegate.co.uk/Article.aspx?id=200903171158299882O
coincidentally it's been on my watchlist for a few days, and yes still in SOLG, just sitting tight on those shares despite the poor performance of late.
Plant Impact (AIM:PIM), a developer of technologies that improve crop productivity is pleased to announce that on 18 February 2009 it entered into exclusive detailed discussions with one of the world's top 10 agrochemical companies by revenue (the 'Third Party') for the global licensing of BugOil® through the signing of a non-binding letter of intent ('Letter of Intent') and into a loan agreement with the Third Party for £750,000 ('Loan Agreement').
i'm wondering why people aren't jumping on this sharpish!
GL to you too! lets hope the news filters out sufficiently, nice to be one of the early birds too :-) spread is a bit of a pain though but hopefully will correct itself when people jump aboard.
not my usual sort of share either but the news is extremely promising, a top 10 agrochemical company interested inthis little company's products - worth a punt!