Member Info for Dibs61

Have you got the link please Merve?

For a very decent about turn northwards to surpass the recent peak of around 7p. Todays news all the stimulus it needs IMHO. Excellent news.

Examining recent trades it is clear to see a number of small PI's selling out in frustration and hoovered up by much larger buys (bigger investors) over time. I sit tight and wait. Long game.

RNS Number : 2421Z Synety Group PLC 05 March 2013  5 March 2013 Synety Group PLC Notification of Preliminary Results Synety Group PLC will announce its Preliminary Results for the twelve months ended 31 December 2012 on Tuesday, 26 March 2013. - ends - Mark Longson Square1 Consulting Limited +44 (0)20 7929 5599

One smells a rat doesn't one....

Well done Terrier54! What a terrific piece of timing that was he he.

However, that's a bit more long term. Think what the market is really waiting for is production news at GHF. If they can get the pump sorted and successful flow test anywhere from 200 hundreds bopd+ the SP will rerate substantially. That's going to be the short term SP driver.

Hello NFL. Just you and me here. :-) Are you missing me on NEW or something? I'm quite touched really.

A smattering of buys since mid morning. The Ask forced up MM's short of shares but this is a very illiquid stock. Would be nice if a bit of news on the way?

P2 oil reserve of 1.15 billion barrels in Jordan prospect. Enegi have 5% WI or P2 50m bopd. KGEC need to drill three exploration wells in next four years but appear to want to push on far more quickly than that. See attached link article for more details: http://english.yonhapnews.co.kr/business/2012/01/16/31/0501000000AEN20120116008700320F.HTML

http://www.koreatimes.co.kr/www/news/biz/2012/06/123_105808.html

Rationale for entering into the partnership: The Company's entry into Jordan through the partnership with KGEC on the Dead Sea PSA is in line with Enegi's strategy of acquiring opportunities which, in the Board's view, de-risk the Company's portfolio, require low capital investment from Enegi and access significant potential upside. The Board believes that this Block satisfies all aspects of the Company's strategy and also falls in line with our policy of working in geopolitically safe environments. Details of the Dead Sea Block The block consists of 6,800km2 of land adjacent to the Dead Sea. A number of wells have been drilled over a 40 year period testing two geological plays that run down the western edge of the block and proving the existence of hydrocarbons in the Block with oil and gas shows. The planning for the development of the Block will review all the data that has been generated to date and KGEC assessment of the potential of the block will be reported in due course. So, company has passed another milestone in gaining Jordanian cabinet approval for a co-PSA with KGEC!! Fantastic news.

Enegi Oil has entered into an agreement with Korea Global Energy Corporation ('KGEC') in relation to a highly prospective project in the Hashemite Kingdom of Jordan. KGEC is in advanced discussions with the Hashemite Kingdom of Jordan over a Production Sharing Agreement for the Dead Sea / WadiAraba Block. Enegi has agreed a Heads of Terms with KGEC under which it will be issued a 5% interest in the Block. Highlights: Enegi has entered into a Heads of Terms with Korea Global Energy Corporation ("KGEC") under which it will be issued with 5% interest in the Dead Sea / WadiAraba Block. KGEC is in advanced discussions with the Hashemite Kingdom of Jordan over a Production Sharing Agreement ("PSA") for the Block. The content of the PSA has been agreed with and initialled by the Natural Resources Authority of the Hashemite Kingdom of Jordan (the "NRA"). Before the PSA becomes effective it must also be approved by the Board of Directors of the NRA, the Council of Ministers and ratified by the Parliament of the Hashemite Kingdom of Jordan. The Company anticipates that this process will be complete in early 2013. Enegi will provide technical and operational expertise to the development of the Block. A number of wells have been drilled on the Block, and the presence of hydrocarbons have been shown (oil and gas shows). Initial work programme will involve evaluation of technical data and the acquisition of new geophysical data. Pursuant to the PSA at least three exploration wells should be drilled within four years. KGEC has secured letters of intent with access to over US$100m from a number of reputable financial institutions to fund the exploration programme. Alan Minty, CEO of Enegi, commented: 'This is an excellent opportunity for the Company and once ratification of the PSA has taken place Enegi will possess an interest in what we believe is a very exciting project. Our entry into this Block is consistent with our strategy of identifying interesting opportunities where we can bring our expertise into the partnership at minimal costs to our shareholders; thus de-risking our current portfolio. This is a very exciting development for the Company and we look forward to working with KGEC and the Jordanian authorities on this Block. The Company continues to review and appraise a number of interesting opportunities that are consistent with its strategy and we fully expect that, in addition to this transaction and the recent North Sea licence awards, further projects will be added to the Company's portfolio.' The Heads of Terms between KGEC and the Company have been signed in advance of final ratification in order to commence activity to establish the exploration and development programme. KGEC has secured letters of intent with access to funding of over US$100m from a number of reputable financial institutions to invest into new data acquisition and the drilling of the three exploration wells in four years tha

RNS Number : 1528Z Enegi Oil PLC 04 March 2013  ENEGI OIL PLC AIM ticker: 'ENEG' OTC ticker: 'EOLPF' 4 March 2013 Enegi Oil Plc ('Enegi' or 'the Company') Update on Dead Sea and Wadi Araba Project, Jordan Enegi, the independent oil and gas company, is pleased to announce that yesterday, at a meeting which was chaired by Prime Minister Abdullah Ensour, the Cabinet approved a co-production agreement with Korea Global Energy Corporation ("KGEC") for oil exploration in the Dead Sea and Wadi Araba areas. KGEC will carry out its exploration works over a 6,819-square-kilometre area in three phases. Under the agreement, KGEC will implement its contractual obligations for the four-year exploration phase, during which it will conduct geological studies of the area, including a seismic survey, and drill three wells for oil exploration. The Company will provide further updates in the coming weeks. As announced on 13 December 2013, Enegi has a 5% carried interest in the project. Alan Minty, CEO of Enegi, commented: "We are delighted that the Cabinet and the Prime Minister have approved this agreement. This is a further step forward in finalising the Ratification of this project. We are very excited about this asset and look forward to working with KGEC and the Jordanian authorities in progressing this project." Enquiries: Enegi Oil Tel: + 44 161 817 7460 Alan Minty, CEO Nick Elwes, Director of Communications Cenkos Securities Jon Fitzpatrick Tel: + 44 207 397 8900 Neil McDonald Tel: + 44 131 220 9771 College Hill Tel: + 44 207 457 2020 Alexandra Roper Rupert Trefgarne www.enegioil.com Facebook (Enegi Oil PLC) Twitter (@enegioil)

This comes from the IGas crew on ADVFN. http://www.openbriefing.com/OB/994.aspx Dart Enegy are an Aus outfit at the heart of world Shale gas. Plans for the U.K. etc. Note the Aus view of the shear scale of these resources, Eneg is there in the mix. Note for the doubters, made it clear here that the Irish site is World class. Another inference : It is not the fracking & the drilling, it's the J/v's along the way that Minty & the board will be able to do, that is the angle of interest.

Now we know why you could only sell 10,000!

Well this for me has to be a possibility they will be taken out. The share is now trading at below half of the book value. Very cheap even with the debts that people have rightly pointed out they are struggling with. They have a decent asset in the ground and someone will say yes please. Probably a russian oil producer.

Just to emphasise the point all the trades you are seeing currently in red are in fact BUYS. MM's games.

nm

Hi try69 - No creditors have committed to waiting for sale of turbines so they have pledged support for the company. This is a good indicator.