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

Looks like a roll-over to me Lizard. Sell 5m at 15.73 and buy them back at 15.75 right after. Of course I could be wrong.

Web address: www.hdr.com.au email: office@hdr.com.au
STOCK EXCHANGE / MEDIA RELEASE
RELEASE DATE: 13 January 2005
CONTACT: Scott Spencer
TELEPHONE: Within Australia: 08 9261 7600
International: +61 8 9261 7600
RE: WIRELINE LOG RESULTS FOR TIOF-6, MAURITANIA
PAGES: 1
Hardman Resources Ltd (Hardman) provides the following report on the evaluation of the
wireline data:
Tiof-6 Appraisal Well - PSC B
Progress and Current Status:
Since the last announcement made on Tuesday 11 January, evaluation of wireline and drilling
data, including downhole pressure measurements and fluid sampling indicates that Tiof-6 has
intersected oil over a gross interval of at least 123 metres. Wireline oil samples have been
recovered to surface. It is interpreted that no gas or water leg has been intersected by the
well. The interval comprises several good quality sands of varying thickness, and meets the
criteria for flow testing. The well will thus be cased and temporarily suspended, allowing the
West Navigator rig to conduct Chinguetti development drilling, before returning to resume
Tiof-6 test preparations.
Comment:
Chinguetti development drilling has priority over other drilling activity in this campaign. The
Joint Venture is committed to being flexible in rig scheduling in order to maximise the
operational efficiencies of running two rigs simultaneously. Thus individual wells are
occasionally re-scheduled at short notice, as with the Tiof-6 drilling and completion activities.
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.
Level 1, 50 Kings Park Road, West Perth
PO Box 869, West Perth
Western Australia 6872
Tel: +61 8 9261 7600 Fax: +61 8 9321 2375
ABN 98 009 210 235 HARDMAN RESOURCES LTD

Good report.

That makes Tiof enormous.........................

123 Metres, no water or gas, looks very exciting!

A Minimum of 123M!

Will declare commercial by mid 2005 imo.

I told you

BIG THINGS ARE AFOOT

and that the chart could break either way, now, which way do you think it will go?

Big foot then sw , morning all ..

Surely sww, 12 inches is a foot. :>)

Morning all. Good news. 1 by christmas? :>)

If big things are afoot, why all the sells?

This SP does not wnat to move north, it should have gone up yesterday on Vol of
buys and today with the news from HNR, what will it take?????????????

Patience!

HNR is the same.

seems it takes something amazing for price to rise- but very little to move on the downside. is gold oil (goo) about to release something?.

goal, just got back from the seawall.

I dont believe the sells are all sells.

In any event the amount shown red is miniscule compared to those not in action today.

For the remainder, no idea!

Lets try serious ramping, err, no better not, seen where that gets players who do it.

It's all mad.

So am I and who cares?

Hey?

Go on, answer that one!

And why the heck should we worry anyway when the end of the world is nigh?

Okay, it may be not due for a few more years, and we may not be around to see it, but come on......................

It is a much more important issue that the price of a corn fed chicken.

Mmmmmmmmmmmm........................

Corn fed chicken....................

SWW, are you back on the sauce?????????? It's a bit early in the
day for that, LOL :-)

Never to early.................

all imho of course and dyor.........

I can't make up my mind if it's worth holding both SEY and HNR which I do. Any view's would be appreciated.

MS

PS. What's early. My old man would have a scotch for breakfast.

For what it's worth MS I have both....slightly more in SEY than HNR.

Me too.

MS

Of course I do too.

The recent drop in HNR was too good to miss.

My plan is to see 1 to 1.30 and leave the profit to do the walking with HNR. (projected mid 2005)

Depends on your average of course.

Thing is in 2006/7 it will rocket.

2005 - This month the new CEO is due to be anounced, then there Lake Albert in Uganda having 3 d seismic, then there Guyane then theres..............

Up to you MS.

Some would say that your money could do better short term.

With HNR and SEY it's a definite "jam tomorrow" share setup.

That did not help really did it?

From Killik's morning note today:

"Hardman Resources shares trade up 5p to 72p on an encouraging Mauritanian update we sense the news flow from this area is turning for the better. The Tiof-6 appraisal well intersected an oil column with thickness of at least 123 metres. Premier Oil trades up 10p to 550p in sympathy."