ADI - Adelphi Energy

Agentm · 24 October 2006

i love it..

imagine selling today!! anyone getting those prices are doing well..

i think its just daytraders,, people who perhaps trade on fast rises on a stock,, get on then jump off and poacket a few bucks??

volumes are real low .. yesterday the money came stroming in late.. usually the market has a breather,, then things run again..

i am thinkin about couchy and his excited ways,,the guy gets onto a massive find for the first time in a long while,, suddenly the values are like 100 times anything he's ever been on before,, gets real excited and shares the news.. lets the cat out of the bag and makes life hell for the others..

so now we get sanitised news,, and if you look hard,, and read between the lines you dont read words like dissappointing on any reports,, just the basics, enough to pass the legal desk before it goes to ASIC..

hey if it was a tiny field then it wouldnt matter,, blow the trumpet.. but on acerage like this,, with whats down there,, these guys are playing it real cool..

cheers

HOMER J · 24 October 2006

Could be a few traders getting out of ADI/EKA/AUT and into GDN too.

I hold EKA.

Broadside · 24 October 2006

HOMER J said:
Could be a few traders getting out of ADI/EKA/AUT and into GDN too.

I hold EKA.

Hi Homer I find it quite interesting that buying strength in EKAO remains so strong regardless of the performance of the heads, there has been some good accumulation the last few days, esp since Friday when it really started to cook.

I got into GDN at 30c I am pleased with that but I think Sugarloaf will be the main event.

HOMER J · 24 October 2006

Hi Broadside, yes ive noticed the same thing. it looks like someone is accumulating EKAO at 20c and not many people have been tempted to sell so far today despite the heads being down a little.

youve done well on GDN. i got a few today but not many.

note this was written today by exoil on hc re sugarloaf:

The latest is: all going to plan, casing run and drilling ahead, still in formation above Primary......

cheers

Broadside · 24 October 2006

yes I have been watching all the commentary on HC, a quiet day today compared to yesterday

nioka · 24 October 2006

Broadside said:
I got into GDN at 30c I am pleased with that but I think Sugarloaf will be the main event.

GDN How did I miss this one? Why wasn't I told as they say. I guess if I had I would have less of ADI. Can't win them all. Note that GDN posted results on the earlier gas flow and did not wait until the full well depth was reached.as has ADI and partners. Look what happened to their SP on that info alone. As the saying goes "you aint seen nuttin yet."

Broadside · 24 October 2006

nioka said:
GDN How did I miss this one? Why wasn't I told as they say. I guess if I had I would have less of ADI. Can't win them all. Note that GDN posted results on the earlier gas flow and did not wait until the full well depth was reached.as has ADI and partners. Look what happened to their SP on that info alone. As the saying goes "you aint seen nuttin yet."

I got lucky, some of those following ADI on HC were also in GDN for similar risk/reward so I took a very small punt...anyways I have taken some profits on it now and the rest is free carry...and there is no way I am selling one share in Sugarloaf until all is revealed...even should Hosston disappoint. Yes it is a stark contrast to how GDN makes announcements and also how GDN seemed to leak good news, note its massive run up yesterday. No disrespect to GDN or its prospects but I am very happy to be with these guys in Sugarloaf who play it conservatively and don't show their hand till they have the cold hard numbers.

Agentm · 24 October 2006

great buy broadside,, you do things different to me.. it takes a while before i move,, then i keep on movin..

i guess tomorrow will be the day,, hosston sands will be arriving and the report comes out..

sleep easy guys,, the stock may be jittery with the speculators all over it leaping in and out... but the large stakeholders are not moving an inch..

you wont a mass exodus on this stock.. theres too much activity in the secondaries for the movers and shakers to exit.. this ones a keeper in most peoples portfolio..

Agentm · 24 October 2006

i see GDN did a cudeco..

added a few extra numbers and released the report,, stocks go crazy.. then waited late late in the day add a correction..

cowboys!!!!

i tell you what,, if i bought into that stock today i would be real dirty..

i would take a scam like that real personal!!!

7.5 million shares yesterday.. 24 million today!!!!!

wow.. someone made a killing.. wonder who???

lets see what ASIC does here...

Broadside · 24 October 2006

as someone mentioned on another forum, with GDN most of the announcement was old news, and the new news wasn't crash hot because much of the primary target has been unsuccessful thus far...but that's daytraders for you....no wonder the SL partners are keeping tight lipped.

Agentm · 24 October 2006

but when you announce 300 feet of play in 3 primary zones then at the end of the day announce its 34 feet and correct them,,,, then you playing the market.. thats dirty, real dirty...

look at the average shares pre 2 days ago,, then you see the big jump from 2 to 7 mill,,
as the scammers get loaded,,

today 24 mill trade...

thats a cool $12 million changing hands on a stock thats been ramped by the announcement!!!!

as i said,, i someone scammed me today i would be on a flight to perth and doing a visit to their office,,, this ones a ripper..

if you look in the past you see they often make corrections on their announcements... interesting how they made the first one market sensitive then passed the second one as a normal run of the mill announcement..

sorry chaps,, just ramped the primaries up 100% in three zones, and sorry to hear you got skinned today chaps..

cowboys!!!

wouldnt wanna be in thier shoes tomorrow!!

Agentm · 24 October 2006

correction they ramped it from 34 to 300+ thats 1000%

mahmoodf · 24 October 2006

Correct. And that is why following the release of the corrected announcement, the sp jumped from around 52 cents to close at 56.5 cents.

Luckily I didn't sell otherwise I would have driven over to their offices and given them a piece of my mind! I live in Perth so can take out my frustrations. ;-)

The next 7 days are going to be very interesting for GDN. Where the sp ends up, who knows.

What I do know is that punters need to be aware that GDN is a very speccy stock so therefore take extra care with your investment decision.

I do hold GDN stock.

stiger · 24 October 2006

Broadside said:
yes I have been watching all the commentary on HC, a quiet day today compared to yesterday

That is because there was nothing to talk about.Wait til tomorrow.cheers

HOMER J · 25 October 2006

still a few days away from hosston

Dear Sir/Madam
SUGARLOAF-1 WEEKLY PROGRESS REPORT
Aurora Oil & Gas Limited advises that at 6am Texas time on 24th October 2006 the Sugarloaf-
1 exploration well, located in the onshore Gulf Coast Basin in Texas, USA, was drilling ahead
in 6 1/2 inch hole at a depth of 17,440 feet (5,317 metres).
Since the last report on 18th October 2006, 7 5/8 inch liner was tied back into the 9 5/8 inch
casing set at 14,480 feet (4,415 metres) and cemented to a depth of 17,000 feet (5,183
metres). Subsequently the well drilled 440 feet (134 metres) of Cretaceous aged limestone to
the present depth of 17,440 feet.
The upper part of the primary Hosston Formation target is expected to be reached within the
next few days. As previously advised, based on seismic data and an offset well the Hosston
Formation is anticipated to consist of more than 4,000 feet (1,220 metres) of inter-bedded
sandstones and shales with the potential for multiple prospective intervals.
The proposed total depth of 21,000 feet (6,400 metres) is expected to be reached during
November assuming trouble-free drilling
ASX releases will continue be made routinely every Wednesday unless there are material
matters which require an earlier release.
Participants in the Sugarloaf-1 well are:
Aurora Oil & Gas Limited 1 20.0%
Texas Crude Energy Inc (Operator) et al 2 41.5%
Eureka Energy Ltd 12.5%
Adelphi Energy Ltd 20.0%
Empyrean Energy plc 6.0%
1 Through its wholly-owned US subsidiary Sugarloaf Oil & Gas LP
2 Includes other US private companies / investors

Agentm · 25 October 2006

This is the way I see it..

initially there was a plan to drill an 8 1/2" drill bit from 14,200 to TD, with the plan to go clean through Sligo and then into the primary..

last week we get the news that the Sligo is methane only... ok thats cool,, I like success just like anyone else on this stock. then they stop.. run wirelines and then case it in..

Hang on case it in????

This wasnt in the plan.. we were told 14,200 to TD 8 1/2" drill..

Ok so they dont announce any fan fare on sligo,, and if you know the territory then you know the reason.. so why case it in??? was there a stacks of pressure there?? too much to deal with??? need to case it in and make it easier to drill away???

Questions questions questions?????

So whats with the casing in and suddenly drilling away with a 6 1/2" drill bit???

isnt this a little bit esscessive if Sligo wasnt anything other than just a mathane only gas show.. where is couchy when we needed him most???

My moneys on Sligo being commercial and having far to much pressure and needing to be cased in for obvious engineering reasons so as to allow successful further drilling away...

anyone follow my thoughts here??

cheers

maverick11 · 25 October 2006

yeah the deeper they get the slower the drilling. Geez, i'm getting impatient here

Was hoping for a slice of good news today yet they hold off. It was still a good ann though, as no indications of anything wrong.

maverick11 · 25 October 2006

Agentm said:
This is the way I see it..

initially there was a plan to drill an 8 1/2" drill bit from 14,200 to TD, with the plan to go clean through Sligo and then into the primary..

last week we get the news that the Sligo is methane only... ok thats cool,, I like success just like anyone else on this stock. then they stop.. run wirelines and then case it in..

Hang on case it in????

This wasnt in the plan.. we were told 14,200 to TD 8 1/2" drill..

Ok so they dont announce any fan fare on sligo,, and if you know the territory then you know the reason.. so why case it in??? was there a stacks of pressure there?? too much to deal with??? need to case it in and make it easier to drill away???

Questions questions questions?????

So whats with the casing in and suddenly drilling away with a 6 1/2" drill bit???

isnt this a little bit esscessive if Sligo wasnt anything other than just a mathane only gas show.. where is couchy when we needed him most???

My moneys on Sligo being commercial and having far to much pressure and needing to be cased in for obvious engineering reasons so as to allow successful further drilling away...

anyone follow my thoughts here??

cheers

Anyone keen to phone the MD and ask?? "we were told this, but you did something else, why?"

Agentm · 25 October 2006

sligo and the primary was never going to be wireline logged until after TD.. so why stop wireline and case in???

i still say if it looks like a duck,, quacks like a duck then its gotta be a duck..

(in the sense that a duck means gas under pressure, needing to case it in as its not gunna help us in further drilling!!)

Agentm · 25 October 2006

newest presentation released to myself today..

ADI - Adelphi Energy

Agentm

HOMER J

Broadside

HOMER J

Broadside

nioka

Broadside

Agentm

Agentm

Broadside

Agentm

Agentm

mahmoodf

stiger

HOMER J

Agentm

maverick11

maverick11

Agentm

Agentm

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