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Burren Energy - Enters FTSE-250

July 2004

Investing in shares may lose you all or some of your money. Past performance is no indication of future performance. Some of the shares recommended here may be small company shares, which can be relatively illiquid and hard to trade and this makes such shares more risky than other investments.

After leaping 17p the day after a positive AGM statement, shares in Burren Energy have broken out into new highs. In the first four months of the year Burren's average net entitlement production increased from 8,140 to 10,515 bopd and its current production is now just over 14,000 bopd. In Turkmenistan, current netproduction has now reached 9,200 bopd, well ahead of the 6,769 averaged in 2003 and prospects look good with two new development wells on the North flank of the Burun field confirming significant columns of oil and gas. The picture is equally positive in Congo, with current net production up to 4,800 bopd (versus 1,371 bopdlast year) and with two step-out appraisal wells being drilled ther ...

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Burren Energy - Forecast to quadruple oil production by 2007 (April 2004)

Burren Energy - Strong production growth forecasts for Caspian Sea producer (March 2004)

With small companies there is an above average degree of risk compared to buying blue chips. Please be aware that we have not assessed the suitability of any of these investments for you. The newsletter simply states a personal view and diarises the editor’s investment decisions. Please speak to your stockbroker or other qualified individual to ascertain whether any of these companies mentioned would form useful additions to your own portfolios. Past performance is no indication of future success.

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Burren Energy - Enters FTSE-250

July 2004

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