Member Info for Domeski

Filters thru to the sheep??

quite possible, if so. Win win all round (for us anyway)

wirh a hold for the moment untill further news for existing shareholders for oilexco is announced. IMO As always in this game, a gamble. Hopefully pay off for everyone involved. GL.

will provide Premier with an additional 60 mmboe of 2P reserves and contingent resources at 31 December 2008 (of which 40 mmboe is expected to be bookable to 2P by Premier) and unrisked reserve potential of up to 385 mmboe across 15 exploration prospects will enhance Premier's current production, adding an estimated 13,700 boepd of working interest production in 2009 There in lies the true market value.

http://www.premier-oil.com/Asp/uploadedFiles/file/2008reports/ACQUISITION_RIGHTS_ISSUE.pdf 11.00am. Preentation to investors etc.

fingers crossed, announcement at 11 i believe from Premier oil. Should hopefully all be good. GL

sp rising steadily, good news. Roughly by my calculations a 70% increase since friday

buy buy buy, lots of blue coming through.

is this good news for oilexco shareholders?

not to sure cashking, still waitng on a full update from oil/premier. Looking good i think. IMO. Maybe the sp diving beacuse people set limits for selling. Who knows. All in all not a bad morning though. Any thoughts any one?

LONDON, March 25 (Reuters) - British oil explorer Premier Oil agreed to buy the North Sea unit of Canada's troubled Oilexco Inc for $505 million and launched a 171 million pounds ($250.7 million) rights issue to help pay for the deal. Premier said in a statement on Wednesday the deal allowed it to build its presence in the North Sea at a good price and achieve synergies. Oilexco said on Jan. 7 it had placed the Oilexco North Sea Ltd unit under administration and continued to pursue the sale of the assets of the North Sea company. (Reporting by Tom Bergin; Editing by David Holmes) $1=.6822 Pound) Keywords: PREMIER OILEXCO/ (tom.bergin@reuters.com; +44 207 542 1029; Reuters Messaging: tom.bergin.reuters.com@reuters.net)

up to 15p, get in

The below link also shows some oilexco directors snapping up shares, surely this is a good thing? Anyone agree?

http://www.oilexco.com/

At last maybe some good news on the horizon. Hopefully see this sp jump in the next few days. Although in saying that, the way the market is just now that is anybodys guess!!!!! Mon the OIL!!! LOL

still cant believe this share has not rocketed northwards!! maybe tommorow guys. once i free up some capital i will defo be topping up again. Steal at this price IMHO!!! GL all!!

yes sure looks like that with the money drying up from RBS. Im sure with fresh investment from the succesful company wll get the ball rolling again. With the assets owned by ONS im positive this will be resolved in the near future. What are your thoughts on the direction of this Pat? Are you going to take a gamble? Cheers

Im not sure Auckland. Anything i say would just be speculation. As i said before this is a gamble, as is any investment i suppose. Current OIL production assets include; the janice/james and balmoral/stirling/glamis fields. Nelson field and platform, and the balmoral fpv. Discoveries include black horse, bugle, huntingdon, kildare, ptarmigan, shelly and cheryl. ONS also has exploration acreage interest in Alpha/Delta, bluebell, caledonia, catcher, constance, danica, hallibut north, laurel valley, mallory, manhattan, moth, oddjob, sparrow and west athena. Hope this helps and good luck.

The bid for the company was extended to the 6th of March. Should one of these companies succeed and it is to my knowledge an almost done deal (i hope so anyway having invested in it.) Not sure if the sp will hit the 900p mark again. However IMO i believe the share price for this would definately rise substantailly. Well worth a gamble witht the sp at this price IMHO. Anyone in here to back me up? I have heard that TAQA are the frontrunners but also mentioned were NEXEN. Some other info EXDIV; http://www.guardian.co.uk/business/2009/jan/08/oil-oilandgascompanies

The Press and Journal: E&Y hoping for quick sale of ONS BG, Talisman, Petro-Canada, TAQA and Maersk Oil all linked with bid for North Sea rival By Ian Forsyth Published: 03/02/2009 All offers are now in from companies interested in taking over the operations of oil and gas firm Oilexco North Sea (ONS), which went into administration last month. A spokeswoman for administrator Ernst and Young (E&Y) confirmed yesterday that there had been a number of bids, but she declined to say exactly how many or who the interested parties were. She added: “We are hoping for a quick sale, but it is too early to say if and when that will be. “It’s a case of looking through the bids and looking for the best option for a sale.” Rivals BG Group, Talisman Energy, Petro-Canada and Maersk Oil have all been linked in the media with possible bids. Other interested companies could include Abu Dhabi national energy company TAQA. Canadian parent Oilexco had announced on Hogmanay that its subsidiary intended to file petitions for administration “as soon as reasonably practicable”. The group said it had run out of options for ONS after bankers refused to provide further funding. E&Y was appointed as administrator on Wednesday, January 7. The news left a questionmark over the future of about 100 ONS staff in Aberdeen and offshore, however, E&Y says it has made no layoffs to date. E&Y said at the time of its a