Member Info for Rigger

http://www.andesenergiaplc.com.ar/?Oil%20&%20Gas

I looked at this last year and it spiked at 97p They obviously have some class prospects. They are splitting inyo two companies to concentrate on oil and electric separately. The big boys are all ovet their prospects like a tramp on chips. Gonna look into this more closely.

13% up Few shares in issue. This could motor.

HERE SHE GOES!

Creeping up! Buys showing as sells

http://www.investegate.co.uk/andes-energia-plc-(aen)/rns/bridas-to-invest-with-ypf-in-vaca-muerta/201301090700041173V/

MULTI BILLION DOLLAR INVESTMENT!

Nicolás Mallo Huergo, Chairman of the company commented: "The YPF/Bridas agreement confirms the enormous economic value of the unconventional play in Argentina and the validity of our strategy of teaming up with YPF and developing a conventional and unconventional portfolio.  We should also consider the fact that YPF has previously signed a MOU with Chevron for another billion-dollar investment program in the Vaca Muerta formation involving the drilling of approximately 100 wells.  We are convinced that these agreements with the most sophisticated industry players represent a trend of significant investment in the oil sector in Argentina.".

This agreement confirms the interest the market has for the unconventional potential of the Neuquen basin and the Board believes it shall attract the attention of more E&P players to consolidate and speed-up the development of unconventional acreage in the Neuquen basin.  In this respect, Andes holds world class unconventional assets covering more than 278,000 net acres in the Neuquen basin covering the Vaca Muerta, Molles, Agrio, amongst other prolific hydrocarbon formations.

RNS OUT! The Board of Andes (AIM: AEN; BCBA: AEN), the Latin American E&P group, is pleased to note the announcement by YPF S.A. ("YPF") that it has entered into a preliminary agreement with Bridas International S.A. ("Bridas") to develop the unconventional potential of the Vaca Muerta formation in the Bandurria and Bajada de Añelo blocks, under which YPF shall transfer 50% of its net interest in these areas to Bridas.  The initial investment committed is US$1.5 billion and YPF will initially transfer to Bridas 184 km² (45,500 net acres).  Bridas will also finance a further US$500 million to be invested in subsequent development programs.

We are yielding a respectable 4.3% already. Things look very good.

That's great as long as its not water!

Beginning to think there is some weight to the takeover rumours with the million pound trades showing up.

Someone's buying 15k chunks.

Lets see a nice rise today.

Some monsters lurking!

See what pops up later.

To see how this pans out today. Surely some news coming?

Going up again!

Time to buy.