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

SWW, thx for the post above.

Good Morning Everyone!!!
Hope you are all well! Is everyone on a diet or something, no mention of food for ages......sold most of my holding in HNR on Thursday as luck would have it...whew. Lots to catch up on....what's the additional listing for today?

scrappy listing.

food glorious food. marmite and cheese toasted from starbucks this morning with a delicious americano. bootiful.

i think the rate of recipies and food discussion has an almost perfect correlation to the direction of the stock. lets decouple and form an inverse relationship...should cheer us up!

Sterling Energy PLC
01 December 2004



Sterling Energy PLC ('the Company')

Additional Listing


Application was yesterday made for 25,000 ordinary shares of 1p each in the
Company ('Ordinary Shares') to be admitted to trading on the AIM market of the
London Stock Exchange ('AIM').


The new Ordinary Shares are being issued pursuant to the exercise of options.
These shares rank pari passu with the Company's existing Ordinary Shares and
dealings are expected to commence on 6 December 2004 on AIM.


1 December 2004

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

More Ramblings. (Feeling a little happier today ;-) ).

As I see it, the important thing to rememeber with these shares, SEY and related stocks, is that the wells have disappointed lately. This does not mean that they could equally please in just a quick a time.

sandrew you sold HNR, fine, but why?

The company still has the assets to cover the price as I see it and it will bounce back.

I remember holding William Hill stock bought at its float at 224p, even when it went down to 83p. Of course I had to wait, but I eventually sold, (too early) at 325p. Mind you, too early but I was still happy.

Okay, exploration is a risky business, but lets not forget, this project has been outstanding so far overall for all concerned, especially for SEY.

Looking into the future at projects tucked under SEY's belt, and HNR for that matter, they have exciting prospects.

As said, I really can not see HNR staying at the level it is in the long term. Also in the long term, and I suspect still it will be soon, we will see a move up from current levels.

As the ADVFN poster said in my last, SEY had to take a little hit, when all other consortium members have taken a big one. The MM are trying to prevent a wholesale rout by the little punters, hence the drop in bid price.

HNR is looking good for a buy, so is PMO with my price target for PMO at 545p, and HNR at 65p. (Blimey, it's nearly there), I am not an expert but I have seen this sort of thing so often now. As stated yesterday, I may not buy but put soem in a virtual portfolio just for fun.

Look at Shell when it announced it's first reserve crisis!

263p!!

Nothing much has happened since, except the further deminishing reserves, and where is it now? 440p plus or minus.

It may not be the best comparison, but I hacve drawn on that experience just as a highlight to my ramblings.

The effect of bad news on stock is sometimes justified, but you can bet your bottom dollar that bad news is often overdone by the MM, and on purpose.

I actually think they do a good job! (The MM)

There is then money to be made from the bottom if you can detect where that is and the next high over the short term.

But then we all know that don't we?

Now back to the important issues of the day, SOF are on the up, but I can not se why?

I bought a dozen free range eggs from them 3 days ago with a long use by date into Decemeber. What I found in the box is digusting!!

A rotten egg!!

I said a while ago, that I thought they would encounter problems, well here is the evidence of it!

They can keep their eggs, I now only go to Morrisons where its cheaper any way.

Now, hot egg buttie for me with HP brown sauce with a cup of tea in a big thick cup!

SWW
I sold most of HNR, but kept a small amount, so I'm still able to keep a close eye on them. I agree with you, the prospects are still very good...just felt that in the short term my money could work a bit harder for me elsewhere. You know what I'm like ...I work on instincts and for some reason don't feel we've reached the bottom yet. However,to put it in perspective that knawing feeling could just be something I ate and I could end up kicking myself for quite some time!

Fair comments sandrew64. Just my inner most again!

Looks like the MM like my last, HNR is moving up as I watch! Time to buy some virtual stock then!

So it was something I ate then....great.....ouch...ouch...ouch!!...

No worries, money in the bank etc. This is hardly goinfg to take off, but the buys are catching up the sells now. It may have been the bottom, I will watch and see.

Actually having watch HNR for a while now,it is only the little man who is buying and selling anyway!

Low volumes overall and planty of stacok staying put with Institutions, same with SEY.

I have bought 10000 virtual HNR shares at 66.25p.

I wll have a look see in a year what I would have got, or got left!

MS,big match tonight,,2/1 red victory.

gunners retribution this evening. 2-0 is my call (for posterities sake)

Both got reserve sides out, Just want to beat Birmingham not worried about this mickey mouse cup... Lets say we make the final then we roll out the 1st team... I personally think this cup should only be open to the Championship and below...

not a bad idea but it good to give the youngsters a 1st team runout.

Sorry to come back to SEY and others but:-

Oilexco has announced that a production test is about to commence on well 15/25b-12, the latest appraisal well on Brenda. The statement suggests a net pay in the area in line with our better expectations and, with a good flow rate, should lead to an upgrade for core reserves in the field. We are currently carrying a core value of 128p per share based on 40 million barrels, which could be upgraded to 50-60 million barrels and the NAV upgraded to 180-200p.

The differnce being Oilexco fully own the 60million barrels of oil, ther Mauritannian venture has so far, an estmated 9 times this amount.

Bodes well for all the PSC Partners.

Are Newcastle playing tonight?

Must ave a look see.

Did well in Europe last week 0 - 4, great results, now if only they can do it in the league they will be laughing. Till then I suppose you lot will be laughing!

Orvis says - Its a bit of a balancing act isn't it. Looking at this Autumn's drilling program we can see where that balance sits at the moment..

planned total: 20
number of exploration wells planned : 6 (30%)
" " appraisal wells " : 4 (20%)
" " production wells " : 10 (50%)

So 70 : 30 in favour of bringing finds to market

(based on the fact that nearly all exploration wells are now finished with).

sw,lets get back to the important stuff the football,ms are you a spurs man,and if so how do you think it will go tonight ?

liverpool victory just.

(Ahem) SP movement

I am doing a hotpot tonight in the chicken brick, so out with the Chianti again!

Fine chopped beef from SOF buy 2 packs for 5, one used one for next time.
Half a swede from Morrisons, 54p.
One parsnip from Morrisons 15p.
One onion grown by my Mum, no cost.
One large potato diced out of the 25kg sack for 5.
3 carrots from a 28 p pack at Morrisons.
BOGOF Homepride Hotpot cook in a jar, use one mix with BOGOG Knorr Beef & Tomato
Bisto roast beef gravy = 2 teaspoons mix in well
2 bottles of Chianti.

As usual you only need a glass of Chanti in the mix ;-))

Place beef and cook in sauces in the chicken brick and separately steam the veg till tender, then also add to the mix.

Place in the oven at Gas mark 2 and go and finish the first bottle of Chainti.

Serve any time you wake up, probably 6pm or 7pm!

SEY is being given away so I have had a few more!

I'm not greedy am I?