Member Info for steakbake1

Good Man. Lets hope it starts to pick up. Can't be long now for next update.

good to see someone has some confidence.

the price hasn't dropped. Big order being filled for a Huge buy. Someone wants your shares. His name is Henry the hoover.

Maybe they are not all sells. MM's usual smoke and mirrors.

Well i for one think they are mental selling before the first RNS since the relaunch. Just wish they would hurry up with something as they have had time now to announce something. Anything. Do i sound desperate?

http://blogs.ft.com/gavyndavies/

Some news was communicated. I don't mean to push but nothing has been said for months now. Come on BOD pull your finger out and give the PI's a little confidence in this company. Or PI's will start moving on and putting their money in a company that respects its investors.

Final Results for the Year Ended 31 July 2015

Yes thats much better. We are now down on real positive news. AIM sucks big time.

We will miss you. Honest. You bought so much to the table.

Perfect time to buy in here now - can't believe this is so low with all the positive news from the company.

It seems to me like not a shred of progress has been made. Website is still unfinished and no further forward. What a bunch of muppets this BOD really are. I am tempted to sell up here and move on with whatever value i have left. Shocking company with no care for its shareholders IMO.

Ever feel like your talking to yourself.

me. Hope we see some kind of uplift soon. If i had more funds i would average down from my current 14.8 average. Looks a long way off now again. Any opinions on where this will go over the next few months.

Drop imo was due to continued oil price dip. Hopefully Opec's new strategy will increase oil price which i think this will follow. Not sure vivienne Westwoods tank wielding campaign has has any effect. Another tree hugger who needs stringing up with Bob Geldof, Swampy and Nick Clegg.

Thanks for posting OUA.

Velox3 Plc (the "Company" or "Velox3") Posting of Notice of AGM The Company announces that it has today posted to shareholders a notice of Annual General Meeting ("AGM") to be held on 22 September 2015 at 10 a.m. at the offices of Velox3, Egelenburg 2a, 1081 GK Amsterdam, the Netherlands together with a form of proxy for the AGM.

For the life of me i can never understand the logic behind buying £6 worth of shares especially when the buy cost is £15 usually.

I can only see this section as positive - more oil flow than predicted per day when the drill hole skin is removed: Although the Ashover Grit flowed at a rate of 80 barrels of oil per day when tested in February of this year, analysis of the well test data indicates that the flow rates were impaired due to a high "Skin Factor" and therefore were not representative of the flow rates that could be attained from this interval when fully "cleaned up". Egdon is examining options that could be implemented to increase production by reducing the Skin Factor including radial drilling of this interval as part of the planned workover.

Wressle-1 Update and Forward Plan Egdon Resources plc (AIM:EDR) provides an update on the Extended Well Test ("EWT") operations at the Wressle-1 oil and gas discovery in licence PEDL180, located to the east of S****horpe, where Egdon operates with a 25% interest. Egdon has commenced the planning and permitting work which will support the submission of a Field Development Plan ("FDP") and a planning application for production at Wressle. Operations on the Penistone Flags oil zone ("Zone 3A") have now been suspended. The planned oil injection test to determine reservoir permeability was not undertaken due to delays from the Environment Agency in clarifying whether the current permit for the site allows for such an operation. In the tests conducted to date, both oil and gas have flowed with no evidence of water. Encouragingly, the well test data together with the log data indicate that the elevation of the oil water contact is deeper than previously considered for the Penistone Flags reservoir. An understanding of the oil water contact will enable a more accurate quantification of the oil and gas resource volumes together with optimisation of future well placement for development of this reservoir. In order to meet these objectives, Egdon now plans to undertake a further test to establish the nature of the fluids in the lowermost part of the Penistone Flags reservoir. Plans are currently being finalised for a workover of the well in order to remove the existing completion, cement off the existing Zone 3A perforations, open new perforations into the lowermost parts of the Penistone Flags reservoir and drill short horizontal bores into the reservoir section by water jetting (" radial drilling") to be followed by a short flow test to establish the nature of the fluids in this interval. In relation to the Ashover Grit reservoir, we have been unable to re-establish flow from this interval during EWT operations. The new planned workover will enable the existing completion to be inspected and, if required, a programme of remedial works to be undertaken prior to continuing with the EWT. Although the Ashover Grit flowed at a rate of 80 barrels of oil per day when tested in February of this year, analysis of the well test data indicates that the flow rates were impaired due to a high "Skin Factor" and therefore were not representative of the flow rates that could be attained from this interval when fully "cleaned up". Egdon is examining options that could be implemented to increase production by reducing the Skin Factor including radial drilling of this interval as part of the planned workover. Operations are expected to resume by late September or earliest October. We are also expecting shortly the results of reprocessing of the 3D seismic data over the Wressle structure which will assist in finalising the FDP and identifying any additional prospectivity. Egdon