Roundtable Discussion; The Future of Mineral Sands. Watch the video here.
I am holding mine as well - and I might hold the shares as well.lol I dont think the price will improve for a bit, but it is a cheap buy at these levels. imor
Drilling Update RNS Number:8600E FirstAfrica Oil PLC 20 June 2006 The platform construction and additional infrastructure development is moving in parallel with the drilling programme and installation of the platform and downhole pumps is planned for 4Q 2006. In addition to the development field, the Company has further exploration assets in Gabon and plans to fund exploration activities from cash flow in 2007. Speaking of the well, FirstAfrica CEO Robert Kirchner said, "Our development drilling programme in the EOV Field has once again produced results which have exceeded expectations. EOV-6 will now be suspended pending the arrival of the production jacket and the Adriatic VI will shortly commence drilling our next objective in the EOV Field."
Drilling Update RNS Number:8600E FirstAfrica Oil PLC 20 June 2006 20 June 2006 FirstAfrica Oil plc ("FirstAfrica" or the "Company") Drilling Update FirstAfrica Oil, the upstream African oil and gas company, is pleased to announce that its third development well, EOV-6, has been successfully drilled into the northwest sector of the East Orovinyare oil field (EOV) utilizing the GlobalSantaFe Adriatic VI jack-up rig. The well offshore Gabon spudded 27 May in 65 feet of water. The oil-bearing Batanga reservoir was entered at a measured depth of 3,832 feet. The reservoir was cored with 100% recovery and preliminary analysis of the wireline logging indicates a minimum gross oil reservoir section of 280 feet (measured depth). Net sandstone is estimated at approximately 100 feet (measured depth) with porosities of 20 - 22 percent. During drill stem testing 17-18 June, the well flowed oil at a rate of 2,099 barrels of oil per day (bopd) with a maximum instantaneous flow of 3,235 bopd. These rates reflect natural flow without any stimulation. The Company's field development plan calls for production to start from early next year from four wells producing to a single unmanned platform tied back to a Floating, Production, Storage and Offloading Vessel (FPSO). The platform construction and additional infrastructure development is moving in parallel with the drilling programme and insta
Hi I have been away most of the last few weeks. Good thing I think. Hope none of you got irreparably damaged. Holding a big loss myself but What the heck! things will improve.
RDS at that age she deserves a great party. Have fun!
Same to you Mate - dont drink too much
chp jaak - i can take it man!
CHP Goldmine you beat me to it. I was just coming in to post that Times write up. it may help Tuesdays sp - news will help more!!!
CHP - Thanks for the post - I dont remember seeing it before. as far as the sp is concerned this has been a strange week again but the drop alowed me to get back in so as long as it creeps back up in the next weeks while we are waiting for mews then we will all be happy.
PTY what has happened another massive drop!
Please grow up you are very silly and not very clever
Mind you it was 60p in Feb still lots of room for improvement - too risky for me to chance without more knowledge. The shares have dropped from £4 in Jan 2004 must be more than just supply probs?
Now you must be a good boy this coming week and try not to upset anyone! except annoying people who use CAPS all the time. lol
Let me know if you are interested and I will tell you when the next DAKS sample sale is on at HQ in Bond Street.
Thanks for the post - I just saw it. How is Poland? I used to live with a Polish girl for nearly 5 years - She always said she gave me the best years of her life - I pity her husband then. Mind you she was crazy.
Jaak dont drink from the bottle or you may get the grass stuck in your throat. Have fun. The stongest is Spirtus rectovy (sorry my spelling is bad) It translates to rectified spirt and it enabled me to see three roads in Gdansk when there was only one.
!"£$£"!$%%)^^ ^&)&*)%%( £"£(")$%)(^_+___++++"""")%% dont get cross you guys
GOt to go to London - good luck to all today - we will need it!
Perhaps we need Rolf to colour it in for us. - The greens and blues or the chart?????