Sorry if already posted but I just recieved this in my e-mail and got really excited. http://www.gamespot.com/news/6284431.html
It seems that TESV may indeed be a sequel to Oblivion. I just hope iit is just as good or better than Oblivion.

Until you hear it directly from Bethesda, then its just a rumor everyone has picked up on.

The gist is that that a Bethesda Emploee has supposedly blabbed about the project (Regardless of the fact they might be under an NDA) to a Danish Magazine. Considering how many times we've seen reports of 'ESV confirmed' and nothing materilized, then it's best to just wait for the official confrimation before getting hopes up.

please use the official speculation thread