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

hilary is a winde up merchant, there is one in every crowd.

morning team SEY!

not alot to say but it is a new week, and new opportunities await....sorry to sound chirpy but my new baby has kept me up for 4 days and i am a little spaced!

Interestingly enough Hilary has not even commented on this board for a while, and still we get this reaction after Fundy's comment.

Its a shame really because I am positive that Hilary has a lot to offer apart from trying to get everyones back up.

I can not decide if Hilary knows much about the oil and gas, E & P business or not. If she does she has not displayed much knowledge so far.

I am sure Hilary will comment at some stage to clear that up.

I declare that I do not have much knowledge but I can read and understand what I see, my downfall is deciding who is ramping and who is honest and I include Company Boards in that.

Although of course I have seen a couple of excellent examples of late with PRE and PET where promises were made, but reality was that they were ill advised promises to make so I now have some insight. I accept that holders in these would say the Fat Lady has not yet sung, but there you go.

I now look at one or two others in oil the E & P and wonder how projections of wealth in oil can be made when all the companies have are 2 d or 3 d seismic studies to go by.

Woodside and Hardman thought that Capitan was a banker too, based on seismic. Same with Dorade 1 both turned out to be water wells.

Merou is a funny one; I have a feeling having read lots since that result that it may be revisited one day.

We have had dusters in the latest Mauritanian drilling campaign; the ratio is now around 2/1, which for the industry is average and based on the best seismic studies. Expectations before beginning this campaign were and I quote, " 2/1 or better probably 8/10." Well the guesstimate was not bad in the first instance.

Going short is probably a good strategy at in the short term, but in the long term it would be daft.

The more I think about that, the more sense it makes to be a long term holder, and have a short position for the immediate future with a stop loss.

No reasons to get upset if someone declares that they are short, each to their own.

Of course this neatly forgets that Tiof 6 flow test results are due in around 10 days time, and barring technicalities it could get things moving quickly if good, as it is then obvious, imo that Tiof is going to be declared commercial.

That would have a very good effect of PSC share prices and SEY as a royalty partner.

I said barring technicalities because with Tiof 5 there were, and the spectre of problems that affected Ramco come to mind. Although entirely different, more problems with flow testing could do the same to PSC members and SEY in the short term.

Good reason to hold a short position then!

As always, time will tell.

Do you hold all the way, or reduce or sell?

You have to decide that, all I do is ramble........

Morning SWW...in ramble mood i see!

TIOF 6 ...bring it on. i agree that we should see commercial all over it.

have you seen ESY by the way..looking interesting and worth keeping an eye on pre Tiof 6

Hello

Yes I have and the price prediction.

I wonder if its on the up before the results and then a bit of profit taking will kick in on the day.

Just a thought.

and probably an accurate thought at that....they would have to be stella numbers or contract wins/announcement pending to propel these north of 150. i will probably touch down a little soon (but just a bit of protection)

wake me up when something happens in sey!

Late call & still a holding from me,,no rush a quid buy uuuuuuuuurrrrrrrhhhhhhhh christmas,,any pet fans here.

I've got a mole on my back lawn. Any idea's how I can get rid on it, it's causing havoc.

MS

Can you cook mole?

MS

Play Led Zepplin.

Houses of the Holy.

It'll either go or dance the night away, exhauted on the lawn, you then clump it on the head and throw it over next door.

http://moneyam.uk-wire.com/cgi-bin/articles/200502080700283304I.html

Tiof testing underway and looks on schedule.

SWW

Tried that and it did dance the night away... underground. I'll put the mother in law on a diet and send her down. She look's like a ferret.

MS

is there no end to the talent of the MIL. how is she at trading?

Must say, I am rather glad that I bought back into HNR as well.

Next week may see a rush of blood to the head.

I'm still in HNR so I hope so SWW.

MS

Me too!

Keep remembering that film Caddyshack, MS. Hope the MIL sorts out the moles for you!

does she eat them raw?

For TMF subscribers

http://boards.fool.co.uk/Message.asp?mid=9098225&sort=whole#9098493

proptrade - 08 Feb'05 - 11:26 - 3263 of 3264


does she eat them raw?

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Who?