Member Info for ManuDave

"If you are, we had 55k @ 200p on thursday" Should have read 550k @ 200p - doh! Apologies

Are you talking about the 'hidden' orders at the eod U/T that I was talking about last week? If you are, we had 55k @ 200p on thursday, Seacher posted that is was 247k (from memory) on Friday, and it was 109k yesterday.....all at 200p so it's obviously coming down which is good to see. If you are not - I've just wasted 5 minutes of my life I won't get back.....lol. Afternoon btw.....you well I hope?

199.00 - 199.90 Heck of a wall this 200p......

Spooky eh?......lol Thanks for the info of 247k - the wall is coming down slowly but surely.

HERITAGE OIL INTERIM REPORT AND ACCOUNTS 2012 http://www.heritageoilplc.com/resource/fhvnln5xhbvnnszcc5h0dsgx.pdf

cheers mate.

At the U/T everyday, the large sell orders that are normally hidden have been popping up for a few seconds. There was 550,000 @ 200p last night - which is quite a large hurdle is it not? As you say though, keep knocking at the wall with all the buys and eventually it will fall down. Won't be able to see it today at 4.30pm so perhaps you could have a look if you are doing nothing?.......not suggesting you will be slacking of course!!! lol

lol....no worries. Morning Searcher.

Morning. Yes they have borrowed the stock - and yes they pay a fee for this service. They may well just 'give' back the shares they have borrowed - but they have to 'buy' them back to be able to 'give' them back - which should be shown as transactions. That's how I see anyhow mate. ....I'm by no means an expert on the subject...

Continues to come down....now 4.38% or 12,585,700 http://screencast.com/t/ViJpcCXRZU I think from memory we were up at 23.8m at one stage so circa 11.2m have been closed so far. Soooooo....where are they getting them from then? Below chart shows the recent volume, and besides the 16.5m & 3m on the 21st & 22nd of August, the volume hasn't been much at all - we have obviously had selling as well as buying in those volume figures which makes it even more puzzling: http://screencast.com/t/Sv2sUUZY If all these millions are being bought back......why haven't we broke through 200p yet? Dave

http://www.investegate.co.uk/Article.aspx?id=201208310700111565L

Afternoon. I don't think there is a time frame on how long you can go short on a stock - similarly, there isn't one on how long you can go 'long' on a stock either - I maybe wrong as I've never shorted anything so don't know for sure. I'm sure I read somewhere the meeting was the last two days......tues & wed this week. We should ger an RNS later today with the results of the EGM. From the RNS of the 23rd Aug: Heritage Oil Plc ("Heritage" or the "Company") (TSX:HOC)(LSE:HOIL), announces that it has today published and sent to all holders of Ordinary Shares and Exchangeable Shares in the capital of the Company (the "Shareholders") a supplementary circular (the "Supplementary Circular") and a supplementary prospectus (the "Supplementary Prospectus"). The Supplementary Circular and Supplementary Prospectus set out, inter alia, further details of the sale of a 26% interest in the production sharing contract relating to the Miran Block in the Kurdistan Region of Iraq and corresponding interest in the related joint operating agreement to Genel Energy plc for cash consideration of $156 million (the "Sale") and the $294 million exchangeable loan to be provided by Genel Energy plc to the Company (the "Loan"), and the impact of the Sale and Loan on the financing of the acquisition by the Company, through its interest in Shoreline Natural Resources Limited, of a major interest in OML 30 in Nigeria, as announced by the Company on 29 June 2012 (the "Proposed Acquisition"). On 22 August 2012, the Company announced the completion of the Sale, draw down of the Loan and termination of the proposed rights issue (described in the prospectus issued by the Company on 6 August 2012) which was to be undertaken in connection with the Proposed Acquisition. The extraordinary general meeting of the Company convened in respect of the Proposed Acquisition will continue to be held on 30 August 2012.

You were right .....oooh wise one!.....lol. Got the lottery numbers for saturday now please?.....haha! I wonder when we will hear about the court case....hopefully soon, as I think it will take something big to get over the 200p resistance.

A few more shorts closed as the SOOL has gone from 6.8% to 5.16% - 19,534,400 to 14,827,700 Run for them there hills shorters!!!!!....lol http://screencast.com/t/5qzdFOJCSfm

Probably right mate.....so why are people selling at this price - helping them out then??????? STOP SELLING!!!!!!!!.........pretty please!

A few shorts seem to have been closed as the SOOL has gone from 8.26% to 6.8% - 23,730,600 to 19,534,400 http://screencast.com/t/kewZ9HkacL The clever ones bailing early before they get too burned I guess!

200.00 - 204.40

197.00 - 204

It has been a busy week for Genel Energy (LON:GENL). On Thursday, the company – which is led by former BP (LON:BP.) boss Tony Hayward - struck a deal to acquire a 60 per cent interest in the Sidi Moussa offshore block, in Morocco, only two days after increasing its interest in the Miran West field in Iraqi Kurdistan. In the Moroccan deal, Genel is paying US$1.3 upfront in respect of past costs, and importantly it is committing to cover future drilling costs of up to US$50 million. "We are delighted to have reached this agreement to farm in to the Sidi Moussa Offshore Block, which together with other acquisition activity, is establishing a material position for Genel Energy in Morocco,” said Dr John Hurst, Genel chief operating officer. “It is consistent with our strategy of building a portfolio of high impact exploration assets within the Middle East and Africa." Going forward Genel will be the majority partner in the Sidi Moussa venture, with its junior partners Serica Energy (LON:SQZ) owning 5 per cent, San Leon (LON:SLE) with 8.5 per cent and Longreach Oil & Gas (CVE:LOI) owning 1.5 per cent. In Kurdistan, the company reached a US$156 million deal to buy a further 26 per cent stake in the Miran West gas discovery. It already owned 25 per cent of the Miran block and it is now taking its stake to 51 per cent through a deal with its venture partner Heritage Oil (LON:HOIL). Genel could ultimately acquire the entire project as part of the deal.

Hardly changed again - going from 8.29% to 8.26% - 23,730,600 down from 23.801,300 Still lots to close then..........lovely. http://screencast.com/t/Ji2pn6GZ8dCz