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

Article from Rigzone.com.

Partners in the Mauritania offshore development program report 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 meters. 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. The well will now be cased and temporarily suspended, allowing the West Navigator rig to conduct Chinguetti development drilling, before returning to flow test Tiof-6.

The Tiof-6 well is the 4th appraisal well following the two discovery wells completed in late 2003. The appraisal program is proceeding on prognosis and the joint venture is planning to complete the test of the 4th appraisal well before refining development plans.

The Chinguetti field, 25km to the south of the Tiof field, was given development approval in May 2004 and is on schedule for first production in early 2006 at approximately 75,000 barrels of oil per day (bopd), 6,000 bopd to Premier. Development drilling is currently underway. The Tevet-1 discovery well drilled in October 2004 is located within tie-back distance to the Chinguetti field.

The West Navigator and Stena Tay drilling rigs will remain on location offshore Mauritania throughout the greater part of 2005, and will be drilling exploration and appraisal wells in addition to Chinguetti, and possibly Tiof, development wells.

http://www.rigzone.com/news/article.asp?a_id=19425

blimey, you are all very quiet today. Not even any recipes. I admit to being a bit of a lurker most of the time but I always read this thread and am not used to you lot being so quiet. Could posting recommence immediately so I can go back to lurking!

Slow day. Must be a rendezvous tete-a-tete between SWW and Hilary to discuss strategy. Couple of 100k buys and lots of tiddler sells. Money is elsewhere.

Hate to disappoint a lurker.........especially as I lurk so much myself! Well as there's nothing interesting on the sp front..........I'm having a dinner party tomorrow night. I got some new cookbooks for Christmas so on the menu we have Bulgarian beef in pastry with potato cakes, creamed courgettes and beetroot casserole, with a walnut coffee slice for dessert. Any suggestions for a starter? Suppose it will be a bottle of vodka if this lot doesn't turn out.... maybe they won't notice then.

Prawn Cocktail!

Why be different?

What a quiet day today. Can anyone remember when less SEY shares were traded?

SWW

What time shall I come around. For starters it's got to be a very large G&T followed by an other, then if all goes tit's up you won't give a **** anyway.

Have a great evening.

MS

The next rreal piece of news will be the results in May.

Till then, we are in an abyss............................

Sorry I ahve been quiet, I thought you had all gone out.

Nice bit of news Tiof 6 weren't it?

Tiof 7 will be drilled in a couple of weeks and it's all systems gop in relation to production of Chinguetti.

Estimates were Q1 2006, but there is speculation that it may be sooner so that there is some much needed cash flow.

Not imho, it's someone elses who is speaking to the spirits..........

Nice one MS.................. u too!

thanks everyone - have a great weekend

You too.

MS

And you.


ps. Oddly enough I think we'll go with G&Ts over prawn cocktail, but thanks anyway!

LOL

Straight lift from TMF (superhard).

Arrives August 2005 looks like a very good possibilty of the first oil in Q3 2005.

Excellent news...............

Press Releases - Offshore & Marine

23-November-2004

Keppel Shipyard wins FPSO contract


Keppel Shipyard recently secured the conversion and upgrade works of the FPSO Berge Helene from Bergesen Offshore, a part of the Bergesen Worldwide Group.

The 28-year old tanker, Berge Helene, will sail into Keppel Shipyard in December, and is expected to be redelivered in August 2005.

Major workscope includes the installation of additional topside process modules, boilers and HV power generators, the replacement of existing spread mooring with an external turret, as well as the upgrading of engine room equipment and accommodation units. Other works include tank coating and fabrication of a new pump room.

Upon redelivery, Berge Helene is capable of handling a daily production capacity up to 75,000 bopd and has a storage capacity of 1.6 million barrels of oil. The vessel will be deployed at the Woodside's Chinguetti Field off Mauritania, West Africa.

Said Mr Nelson Yeo, Executive Director of Keppel Shipyard, Keppel Shipyard will continue to focus on fast track conversions to strengthen our market position.

The Bergesen Worldwide Group is one of the world's largest ship owning groups with subsidiaries Worldwide Shipping present in the tanker market, and Bergesen being the world's largest owner and operator of large LPG and LNG carriers, being a significant player into large dry bulk vessels, and a growing presence within the FPSO market, mainly for waters off West Africa and other benign areas.

Keppel Shipyard, a leading shiprepair and conversion yard, is a wholly-owned subsidiary of Singapore-listed Keppel Corporation, through Keppel Offshore & Marine Ltd. The Group has a network of 16 yards worldwide including the Asia Pacific, Gulf of Mexico, Brazil, Caspian Sea, Kazakhstan, Middle East and the North Sea.

The contract secured is not expected to have any significant impact on the net tangible assets and earnings per share of Keppel Corporation for the financial year ending 31 December 2004.

Technical Specifications of FPSO Berge Helene

Length Overall (LOA): 348 metres (including existing Helideck & bow turret)
Breadth Moulded: 51.9 metres
Draft Moulded: 27.4 metres
Dead Weight Tonne (DWT): 274,467 tonnes


For further information, please contact

Sarah Seah
Deputy General Manager
Keppel Group Corporate Communications
Tel: (65) 6413 6420
Email: sarah.seah@kepcorp.com "
=======================================================================
For further information on Woodside's decision to use a floating, permanent, single-hulled, turret-mounted FPSO (vs a fixed, disconnectable, double-hulled, spread FPSO - or some other combination of the options) and the decision process to get there, see the following link. I found it quite interesting

http://www.woodside.com.au/NR/rdonlyres/ewufm5epqx56sakxwct436zd6re3h5nhovnpthr2kr5wkeb2j6tlnji62m7dgmcr23nv3p27ks5qin/Tofloatornottofloatkeystochoosingoffshoreoilandgas.pdf

Good spot SWW. Looks like things could start to happen ahead of schedule then.

Yes indeed.

morning, morning.

well i miss 3 days trading and nothing happened!

news is that myself and Mrs Prop have had a baby boy born a healthy 8.2 pounds on wednesday evening. That makes 3 boys...how expensive are the gooner season tickets going to be now!

Rgds
PT

proptrade,

Congratulations!

PS

Bournemouth season tickets are cheaper!

Well done the prop family.

Keep 'em coming!