InvestorsHub Logo
Followers 4
Posts 163
Boards Moderated 0
Alias Born 09/08/2005

Re: kipp440 post# 30971

Thursday, 12/22/2005 7:30:16 AM

Thursday, December 22, 2005 7:30:16 AM

Post# of 173801
I personnaly like my extra PAR.OL's I bought a few months ago at bottom rock prices..hope others took advantage from that rediculous price ...wouldn't amaze me that we double up on this one again...production levels should be doubled soon at around 18-20000 BOPD...last year the production was hovering around 1000 BOPD...that's what I call HORSEPOWER! PAR.OL is still a hidden value in the scandinavian markets..but they will get there name on the must have list as the story unfolds

and for DNO.OL well if you look at there last presentation 2006 will be the Year they will get fame & glory in the Oil industry as the new godzilla...! Drilling programs at numerous prospects this year...could be that at the end 2006 there production level will be close to 80000-100000 BOPD.

Next thing we can expect are drilling results from the Hummer prospect!

They recently got a few new licenses at Norway also...news should be out soon!

last but not least the NOK is a power currency...!

price action in the shareprice plus value action in the currency compared with the greenbuck and the Euro..so I get value on both sides of the coin..

Allright alway's wanted to eat a US steak so when I do come to the US I will remind you on that fact..

wishing you all the best,



RR

Join the InvestorsHub Community

Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.