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STERLING ENERGY big buyers about... (SEY)     

proptrade - 14 Jun 2004 11:58

anyone got any ideas about the block trades that went through today?

website: http://www.sterlingenergyplc.com/

graph.php?movingAverageString=%2C50%2C20

weather: www.nhc.noaa.gov/refresh/graphics_at4+shtml/084938.shtml?50wind120

gavdfc - 15 Nov 2004 16:41 - 1754 of 7811

Can confirm Dave's point, it's freezing up here!!!!

And we do make a better spirit up here, some of them are sooo smooth!

seawallwalker - 15 Nov 2004 16:42 - 1755 of 7811

Was that when it was occupied by the Japanese?

Fundamentalist - 15 Nov 2004 16:43 - 1756 of 7811

Afternoon all

amazing amount of posts - very few to do with SEY - oh well food and drink it then.

As for the yard of Ale, used to be my party trick at Uni - would win me 50 every other tuesday night for being the fastest - drinking beer paying for more beer drinking - those were the days!!

proptrade - 15 Nov 2004 16:44 - 1757 of 7811

SWW, the thread is now multilingual, multifaceted and hopefully multimillionare making!

seawallwalker - 15 Nov 2004 16:45 - 1758 of 7811

Open the throat??

Just pour and let it go in!

seawallwalker - 15 Nov 2004 16:46 - 1759 of 7811

Thought it had better be multi............

No offence meant to any!

sandrew64 - 15 Nov 2004 16:47 - 1760 of 7811

Don't get me started on the French.....I come from Canada originally....more Italian Canadians than French Canadians in the country but the french get all the concessions,money,etc,etc constantly at the expense of the rest of the country.What a wind up.

gavdfc - 15 Nov 2004 16:47 - 1761 of 7811

Ahhh nothing like a wee dram on a cold night!

seawallwalker - 15 Nov 2004 16:48 - 1762 of 7811

Well gtgn(got to go now prop, Boy Wonder is at Football Training soon, so I gotta pack me bags, eat me dinner and wash up and still be there for 5.30

Tomorrow is another day!

The sky is blue!

The RNS due.

I don't know about you,

Good one's are overdue.

I'm no poet!

mickeyskint - 15 Nov 2004 16:50 - 1763 of 7811

SWW

Can't read French. What does it say? PT your right we are the greatest nation on earth. I love this country would'nt want to live any where else. Like you I've been around the block and seen a few places. But as the man once sang It's nice to go travell'n but it's oh so nice to come home.
This Grouse is slipping down a bit quick.

MS

daves dazzlers - 15 Nov 2004 18:03 - 1764 of 7811

Fundy this sey thread,is the new cafe,pull up a chair.

Maggot - 15 Nov 2004 19:38 - 1765 of 7811

Re: Post 1730. The Allies made the Japanese drive on the left after the end of World War Two, just so they would remember they'd lost. Just like Napolean.

seawallwalker - 15 Nov 2004 22:51 - 1766 of 7811

Nice one Maggot!

:-)))

We are now attracting all the best people to this thread.

Who cares which way the price goes?

Who cares if we don't care?

Who cares if we make money or not?

As my Mother used to say, "Don't care what's made to care"

Hmmmmmm..........

Right then out with the Grants, I'll have it neat tonight.

Her has gone to bed, leaving me to party!!!!

seawallwalker - 15 Nov 2004 22:52 - 1767 of 7811

mickeyskint - it was an apology for any I may have offended.

Fair do's in love and war!

daves dazzlers - 15 Nov 2004 23:04 - 1768 of 7811

Evening sw,hows grant ?

daves dazzlers - 15 Nov 2004 23:07 - 1769 of 7811

16 hour days,its just not on,bed it is..

seawallwalker - 15 Nov 2004 23:19 - 1770 of 7811

William Grant is very well thanks.

I thought you were in Wales?

daves dazzlers - 16 Nov 2004 07:30 - 1771 of 7811

Morning all.

seawallwalker - 16 Nov 2004 07:36 - 1772 of 7811

Morning Dave.

This deal is rubber stamped before the EGM.

Why are they borthering with that now?

Game on though. Long term loads of money to SEY if they are not bought out first!

Hardman Resources Limited
16 November 2004

STOCK EXCHANGE / MEDIA RELEASE

RELEASE DATE: 16 November 2004

CONTACT: Scott Spencer

TELEPHONE: Within Australia: 08 9261 7600
International: +61 8 9261 7600

RE: MAURITANIAN GOVERNMENT EXERCISES RIGHT TO PARTICIPATE IN THE CHINGUETTI OIL
FIELD


Hardman Resources Ltd ('Hardman') is pleased to report that the Government of
the Islamic Republic of Mauritania has exercised its right to participate in the
Chinguetti Oil Field development, offshore Mauritania.

The Government's participation will comprise a 12% equity position in the
Exploitation Perimeter which was granted in May 2004 under the terms of the
Production Sharing Contract (PSC) for Area B by way of an Exclusive Exploitation
Authorisation (EEA). The Exploitation Perimeter was granted over an area
including the Chinguetti Oil Field. The effective date of the Government's
participation is 9 November 2004.

The interest of the Government of the Islamic Republic of Mauritania in the
Chinguetti Oil Field will be held by Groupe Projet Chinguetti, an entity set up
by the Government for this purpose.

The right to participate and the terms of the Government's participation,
including payment of costs from the effective date of participation and
reimbursement of past costs are included in the PSC. The election to participate
will initiate a process for reimbursement of past costs associated with the
Exploitation Perimeter since the effective date of the PSC (being 21 July 1999).

This election to participate is limited to the current Exploitation Perimeter
and does not include the rest of PSC B. The Government has a similar right to
make an election to participate in each new Exploitation Perimeter awarded for
other future developments.

The Government's participating interest will be provided pro rata by the joint
venture participants. Participating interests in the Chinguetti EEA and the
balance of PSC B will be:

Company Chinguetti Exploitation Perimeter PSC B
(Remainder)
Woodside group companies
(Operator) 47.384% 53.846%
Hardman group companies 19.008% 21.600%
BG group companies 10.234% 11.630%
Premier group companies 8.123% 9.231%
ROC Oil group companies 3.250% 3.693%
Groupe Projet Chinguetti 12.000% -



SCOTT SPENCER
DIRECTOR

seawallwalker - 16 Nov 2004 07:37 - 1773 of 7811

So:- Tiof-4 Appraisal Well has a large deposit of oil. Tiof 3 has yet to be flow tested, my info is the results of that will be at the end of this week.


Hardman Resources Limited
16 November 2004

STOCK EXCHANGE / MEDIA RELEASE

RELEASE DATE: 16 November 2004

CONTACT: Scott Spencer

TELEPHONE: Within Australia: 08 9261 7600
International: +61 8 9261 7600

RE: MAURITANIA DRILLING PROGRAMME
WEEKLY PROGRESS REPORT


Hardman Resources Ltd ('Hardman') provides the following weekly progress report
on the Mauritania offshore drilling programme:


Tiof-3 Appraisal Well - PSC B

Progress and Current Status:
Since the last report (9 November 2004) the West Navigator continued with
completion operations in preparation for flow testing. During the course of the
week some mechanical problems were encountered which have delayed the flow test.
At midnight GMT on 15 November the operator was continuing preparations to flow
test the well.

Well Location:
The Tiof discovery is located approximately 90 kilometres west of Nouakchott,
the Mauritanian capital, and 25 kilometres north of the Chinguetti Field. The
Tiof-3 well is located approximately 4 kilometres west of the Tiof-1 discovery
well. Water depth is 1,198 metres.

Well Details:
The Tiof-3 well is intended to appraise the Tiof oil discovery. The well will
further evaluate the Miocene channel sand system within the Tiof Field area as
interpreted with 3D seismic.

Tiof-4 Appraisal Well

Progress and Current Status:
Since the last report (9 November 2004) the well reached the total depth of
2,908 metres and wireline logging operations were undertaken. Evaluation of logs
acquired while drilling and wireline logs, including fluid sampling and downhole
pressure measurements, indicates that Tiof-4 has intersected oil over a gross
interval of 113 metres, containing several individual sands of variable
thickness. The result was in line with pre-drill expectations. At midnight on
15 November the Stena Tay was preparing to plug and abandon the Tiof-4
appraisal well as planned. The Stena Tay will then move to the Merou-1 location.

Well Location:
The Tiof-4 well is located approximately 2.5 kilometres southwest of the
discovery well
Tiof-1 and 2.2 kilometres east of the Tiof-3 well. Water depth is 1,119 metres
and the planned total depth of the well is approximately 2,960 meters.

Well Details:
The Tiof-4 well was intended to appraise the Tiof oil discovery. The well has
further evaluated the Miocene channel sand system within the Tiof Field area as
interpreted with 3D seismic.

Other information:

All reported depths are referenced to the rig rotary table (except water depth).

Times and dates refer to Mauritania time (GMT), 8 hours behind Western Standard
Time, Perth.

A map showing the location of the wells will be available on the Hardman website
(
www.hdr.com.au
) and will be updated during the course of the 2004/2005 drilling
programme.

The remaining 2004/05 drilling programme will include wells in two production
sharing contract areas (PSC's). Joint venture interests in those areas are:

Company PSC A PSC B
Woodside group companies (operator) 53.846% 53.846%
Hardman group companies 24.3% 21.6%
BG group companies 13.084% 11.63%
Premier group companies - 9.231%
Fusion Mauritania A Ltd 4.615% -
ROC Oil group companies 4.155% 3.693%




SCOTT SPENCER
DIRECTOR

Note: In accordance with Australian Stock Exchange Limited listing requirements,
the geological information supplied in this report has been based on information
provided by geologists who have had in excess of five years experience in their
field of activity.


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