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

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



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

post1824,pic now uo 20% in a couple of days.

Thanks for that dave, I'll watch it for a while.

Here guys, a copy of ROC update

US$13.6 million debt was repaid in July leaving ROC debt free and with cash assets of
$90 million at 30 September 2004.
Production of 2,741 BOEPD was down 11% on the previous quarter, largely due to
scheduled annual maintenance shut down at the third party owned gas processing plant.
Revenue of $8 million was down 5% for the same reasons as the decline in production,
although the decline in revenue was mitigated by higher gas prices.
A two vessel drilling programme commenced offshore Mauritania which will result in 21 wells
being drilled during late 2004 and early 2005.
The Tev-1 exploration well offshore Mauritania encountered a significant oil and gas
accumulation which is likely to be regarded as a potential candidate for development via a
subsea tie back to the Chinguetti Field.
The Tiof-3 appraisal well offshore Mauritania intersected a 134m gross oil column, 4.2km
west of the Tiof-1 discovery well and 3.6km east of the first Tiof appraisal well.
Development of the Chinguetti Oil and Gas Field offshore Mauritania continued, as the Cliff
Head Oil Field offshore Australia moved towards a Final Investment Decision at the end of
January 2005. Offshore China and in the UK North Sea the Wei 12-8 and Blane oil fields are
both the subject of predevelopment studies.
Planning was initiated for up to four exploration wells and two Cliff Head early development
wells scheduled to be drilled in ROCs permits in the offshore Perth Basin commencing
December 2004, subject to rig availability.
Plans for drilling the wildcat Errington-1 well onshore UK came to fruition during the Quarter,
ahead of a 6 November 2004 commencement date.

Children in need day as i have just been told by the children,2 each in the envelopes for school.
Better keep away from sainsburys today,,as they are children in need fanatics..

afternoon....placing at 17p, price stable....a slow move now north. quid by xmas (2005)

We are a miserable lot today!
Time for a yum yum and a cup of tea.

1.75m at 18 - was that you buying or selling SWW?

I wish......

I can not confirm this either, but it is said on "my mates" bb on ADVFN, that the Directors have taken up a big wedge of shares in the Company.

Seen as very positive.

Could do with that coming out in an RNS, then we would see things move quickly.

RNS Number:4189F Sterling Energy PLC 19 November 2004


Sterling Energy plc
Investment in Mauritania approved at EGM


On 27 October 2004, the Company announced that it had entered into a Funding Agreement with the Mauritanian Government pursuant to which it would provide a letter of credit for US$130million to enable the Mauritanian Government to exercise its right to participate for a 12 per cent. interest in the development of the offshore Chinquetti Field.

At the EGM held at 10.00am yesterday, the resolution proposed and set out in the notice of meeting dated 26 October 2004, concerning the equity fund raising of #97million at 17 pence per share, was duly passed. The New Ordinary Shares issued in connection with the Placing are expected to be admitted to trading on AIM at 8.00am today.

The Company is delighted to announce that, subject only to Admission, all of the conditions to the Transaction have either been fulfilled or waived.

19 November 2004

Enquiries:

Harry Wilson, Chief Executive, Sterling Energy plc 01582 461 121 Graeme Thomson. Finance Director, Sterling Energy plc 01582 461 121 Rob Collins, Henry Turcan, Evolution Securities Limited 020 7071 4300 Allan Piper, First City Financial Public Relations 020 7436 7486

Note: Words and expressions where defined in the circular issued by the Company and dated 26 October 2004 shall, unless the context requires otherwise, have the same meaning in this announcement.


This information is provided by RNS
The company news service from the London Stock Exchange

RNS Number:4251F Sterling Energy PLC 19 November 2004


Sterling Energy plc ("the Company")



Substantial Shareholder


The Company was today informed that following their participation in the placing announced by the Company on 9 November 2004, which became unconditional today, the following, all being directors of the company, have increased their respective holdings in the ordinary shares of 1 pence each ("Ordinary Shares") as detailed below. All of the Ordinary Shares were subscribed for at the placing price of 17 pence.


Director No. of shares Total no. of Percentage of
subscribed for shares held the enlarged
in the placing pursuant to the issued share
placing capital


Elizabeth
Butler 20,000 349,550 0.3%
Alan Levision 60,000 60,000 0.004%
Graeme Thomson 60,000 15,699,558 1.13%


Richard
O'Toole 60,000 22,543,818 1.62%
Harry Wilson 74,000 27,770,092 1.99%
Peter Wilde 20,000 620,000 0.04%


19 November 2004


This information is provided by RNS
The company news service from the London Stock Exchange

Morning all.

Had a busy few days so not been around much, lots to catch up with. Plenty of posts to catch up on!

SWW, heres the RNS you mentioned about directors buying in the placing.

Sterling Energy PLC
19 November 2004



Sterling Energy plc ('the Company')

Substantial Shareholder


The Company was today informed that following their participation in the placing
announced by the Company on 9 November 2004, which became unconditional today,
the following, all being directors of the company, have increased their
respective holdings in the ordinary shares of 1 pence each ('Ordinary Shares')
as detailed below. All of the Ordinary Shares were subscribed for at the placing
price of 17 pence.


Director No. of shares Total no. of Percentage of
subscribed for shares held the enlarged
in the placing pursuant to the issued share
placing capital
Elizabeth
Butler 20,000 349,550 0.3%

Alan Levision 60,000 60,000 0.004%

Graeme Thomson 60,000 15,699,558 1.13%

Richard
O'Toole 60,000 22,543,818 1.62%

Harry Wilson 74,000 27,770,092 1.99%

Peter Wilde 20,000 620,000 0.04%

19 November 2004

This information is provided by RNS
The company news service from the London Stock Exchange

seawallwalker,

I have just checked on the news page and this article is there timed at 9.08 this morning.

Ian

This is going to happen boy's I can feel it in my water. I've already topped up once. Don't think the guv' would let me do it again.

MS

MS,,pic up from 54 to 66,in 2 days!!

Sorry wrong thread.

They issue 570m new shares and the directors take less than 300k of them costing under 50k. Mickey Mouse!

Iain. I have been scanning all morning looking for these.

I appreciate I may have missed them, but wonder how when there were so easy to see.

Never mind, we got there in the end!

Thank you for showing an interest.

What did you have for breakfast?

I just polished off brunch, hot egg sandwich.

Mmmmmmm..........

I like cartoons.