Member Info for Infinityuptick

Significant Italian gas discovery confirmed for Po Valley Strong gas flows on test have confirmed a significant commercial discovery for Australia’s Po Valley Energy Limited (“PVE” or the “Company”) at its new Selva gas field in northern Italy. The Company announced today the strong gas flows had resulted from successful flow testing of the recently drilled Podere Maiar 1dir exploration well on the Selva gas field within the Podere Gallina Exploration licence in northern Italy (PVE 63% Operator; United Oil & Gas Plc 20%; Prospex Oil & Gas Plc 17%). That drill program intersected two identified gas reservoirs, C1 and C2, in the Medium-Upper Pliocene sands of the Porto Garibaldi Formation. The thickest level C2 (net pay 25.5 m) reported a peak flow rate of 148,136 scm/day on a 3/8 inch choke and a pressure differential of 11 bar with no water production. Pressure recovery to formation pressure occurred in 2 minutes. The higher level C1 (net pay 15.5 m) also reported strong flow test results with a peak flow rate of 129,658 scm/day on a 3/8 inch choke with good pressure recovery (about 12 minutes).

My thoughts exactly amnesic, no harm

Will there be a suspension and how long?

Not anticipating much downside considering it is not a financial loss to us

Egdon Resources has lost its appeals against refusal of planning permission for long-term production at its oil site at Wressle, near S****horpe. In a decision released this evening, planning inspector Keri Williams dismissed two challenges against the refusals of consent by North Lincolnshire Council last year.

Come on Staley!!

‘Upland has worked diligently on assessing a wide range of further potential acquisitions and farm-ins to add to the above assets. As we have indicated previously, our geographic focus is on South East Asia, the UK and North Africa. I am pleased to say that substantial progress has been made and we look forward to updating investors in due course’

Have to be buys as a sell of that magnitude would make a massive dent. Where as it has actually risen. Big buys on low liquidity stocks can easily be shown as sells as a deal was worth doing below the mid ask/bid price. Basically looks like news could be on the way.

Yeah I know realised that as soon as posted as I'm normally aim focused. But thought id leave it for a wise arse to pick up on ;)

I asked if due dilligence was still being undertaken on both morrocco and Malaysia so hopefully refers to such

Sent an email to Steve asking how things were progressing, as it has been quiet of late, got this back: 'As you rightly say, I am constrained in what I can say outside of official releases. However, please let me assure you that Upland has been very busy on a number of fronts over the past months and that we will be updating the market at the earliest opportunity.' Quite reassuring to hear I'm sure you'll agree

Is this the quiet before the storm? Will my patience be rewarded?? Is this going to become the most talked about share on aim in the coming weeks??? Time will tell surely not long now...

News must have leaked unusual volume for no news. And 13.5k can't be director buying as closed period must be upon them now

Buy, buy, buy!!!

News near term??

Same, no joy in buying

Looks like liquidity may be improving here. Be nice to see a trading range begin to take shape pre and post asset announcement

Im wondering if we could end up part owning a major asset JV with Sarawak state finance. Any thoughts on this? This could be huge

Hopefully Malaysian asset is not far off now!

Some serious director buying been going on here. If it good for directors and wives it's good for me. Serious skin in the game here! Easy 10 bagger from this level. EASY!!