SHARES STRONGLY UP/DOWN this week 26/12/05 (Master RSI)

Ref :- BLVN



arnoldlane - 28 Dec'05 - 10:32 - 833 of 833


mike,

I'm not a day count is necessary any more. I think we can safely assume that BowLeven have found hydrocarbons. Whether they can get them out of the ground in a commercially viable manner is another issue, but I'm sure we won't have long to wait to find out!!!

Interestingly, White Nile was back in the news on Friday with its results. They are about to start siesmic surveying on 2,000 sq km on a disputed licence block. They have £14m of cash and are valued at £295m. BL has over £50m of cash and is valued at £84m.

Would anyone like to comment?

Cheers

al