you are right but24 Mar 2006 07:51
EEL .... an extract from the rns to which debbie alludes ..... " Orders for long-lead time equipment are being placed and negotiations for a suitable FPSO continue. Subject to further engineering, reservoir evaluation and drilling, it is anticipated that oil production could commence in the first half of 2007." ..... I asume an FPSO is a partner for the project ..... all in all, potentially very interesting, but production is AT LEAST a year away ..... that does not mean that there will not be a lot of excitement in the share in the immediate future, but in reality, imo, it would all be a bit premature