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STAR ENERGY UK Gas storeage & OIL (STAR)     

apple - 11 Oct 2004 09:27

I put a small amount into STAR because north sea gas is in decline & the Zebrugge to Bacton import pipeline may not be able to cope with peak demand.

So I started looking around for companies in the gas storeage business & I found STAR.

I bought them expecting them to gradually rise but they haven't moved so far.

The Humbly Grove storeage project is on budget and on schedule to start commercial operations in October 2005

The next storeage project is in Lincolnshire.

They are also pumping oil from small UK wells so the current OIL price is great for profits.

I don't buy many AIM shares but this one is an exception.

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hobbst - 28 Nov 2005 10:31 - 57 of 57

The amount of buying over the past week and especially this morning must be leaving the MMs a bit short by now ......... SP must be due an upward revision from its current 262.5p level
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