black rock oil (BLR)

Nothing 2 much mate, they struck oil today though - look at there website more details
 
hi sid,

that's what I'd heard. That usually implies that they should rise significantly as with Cairn, Petrel, Burren and many other oil exploration stocks. Unfortunately they only hold a 7.5% of any reserves in that particular field (20bn barrels) and the last estimate they made they got it wrong and ended up capping the well cos it was not commercial. I think I'll just watch these for now. Thanks for replying.
 
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