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STERLING ENERGY big buyers about... (SEY)     

proptrade - 14 Jun 2004 11:58

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

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

graph.php?movingAverageString=%2C50%2C20

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

seawallwalker - 15 Feb 2005 13:13 - 3344 of 7811

sf fair enough, I had seen that on iii.

I think you are right in respect of the price, but it wont be a lot and certainly, we have been there before.

I hold HNR too, so am not too unhappy.

StarFrog - 15 Feb 2005 13:33 - 3345 of 7811

sww (and all)

Reading back over the last few days posts I am of the opinion that a lot of people are missing the point (not your goodself though, sir). Or maybe I've misunderstood.

As I understand it, regardless of who owns what proportion of what oil well, at the end of the day SEY will be THE Mauritanian oil company. They will have a slice of the action on all fronts - petrol stations, etc. They will effectively become the BP/Shell of Mauritania. Can only be good in the long run.

gavdfc - 15 Feb 2005 13:41 - 3346 of 7811

A decent drilling report at last! And shock horror... a tick up!

philfolio - 15 Feb 2005 13:45 - 3347 of 7811

Finally!!!

moneyplus - 15 Feb 2005 13:46 - 3348 of 7811

WHY are they keeping so quiet about it- the share price should be rising fast! Ah well patience is all we need as Warren B. says!

mickeyskint - 15 Feb 2005 13:51 - 3349 of 7811

Well I never. It actually moved.

MS

proptrade - 15 Feb 2005 13:55 - 3350 of 7811

i just bought some more at 17.50....come on the SSSSEEEEEYYYYYYYYYYYYYYYYYYYYYYYY!

seawallwalker - 15 Feb 2005 14:01 - 3351 of 7811

No reply or response to my email, unless of course the broker note was the response.

Probably the right route I suppose but I can't help but wonder why they say nothing.

seawallwalker - 15 Feb 2005 14:15 - 3352 of 7811

Up it is going again, if it has not yet reached the sock watch.

Amazing display from this stock today!

If anyone had real bottle there was plenty of money to be made, I hadn't.

Well done prop.

seawallwalker - 15 Feb 2005 14:16 - 3353 of 7811

Any one short on this one????

proptrade - 15 Feb 2005 14:18 - 3354 of 7811

nope, and that was my 50/- at 17.5. the time is right and i am having fun, i want SEY to be my number one....number one...everybody!

seawallwalker - 15 Feb 2005 14:36 - 3355 of 7811

Keep peddling people............

Faster

faster.

Go on!!!

mickeyskint - 15 Feb 2005 16:58 - 3356 of 7811

Sneaky 1 mil sell at close of trading.

MS

proptrade - 15 Feb 2005 22:38 - 3357 of 7811

up tomorrow...

seawallwalker - 16 Feb 2005 17:02 - 3358 of 7811

Uncle Harry.

A Nice Man.

A Very Nice Man.

A Very, Very Nice Man.

Sterling are happy that the news items for Hardman and Premier, which apply to Sterling, are sufficiently linked on such sites as iii and ADVFN.

Fair comment, they are.

It's just here they are not.

Speaks volumes that Harry has made the effort to reply to a small shareholder like me.

Good PR.

A Very Very Very Nice Man.

;-))

Now I wonder when I will get a reply from Tony Blair??

gavdfc - 16 Feb 2005 17:17 - 3359 of 7811

SWW, I also queried that point with them yesterday via an email and received a similar response, but not from Harry. As is the case with pretty much every query I have had, I got a reply, which is good.

Was also told that the new website should be up and running soon.

Also, was given an exact rundown on PSC B and what SEY receive. Nothing new to us, but will post for those who are maybe new holders or unsure exactly of the situation:

"Firstly, we receive a discovery bonus from Premier of $2m for each new discovery over 50 million barrels declared commercial there are presently 3 potential field developments where this might apply Tiof, Tevet & Banda. Secondly, we receive from Premier a sliding scale royalty payment on 6% of the gross production taken out of the license (this will be reduced by the government back-in where we also have an interest). By way of example, the sliding scale royalty is $2.75 per barrel when oil price is $28 31 per barrel and $4.75 per barrel when oil price is $40 43 per barrel. This royalty payment comes to us without any costs apart from tax. So it is clearly in Sterlings interests to see as much drilling by the partners as possible in the license. I hope this is clear."

seawallwalker - 16 Feb 2005 17:22 - 3360 of 7811

Thanks gav, got that too, but as we knew, but of course I did not think as helpfully to others, as you have.

Thank you.

As I got mine from Harry, I am going to frame it and send him a Christmas and Birthday Card.

In short it is good they took the time to do that.

gavdfc - 16 Feb 2005 17:47 - 3361 of 7811

They've always been very helpful to me when I've contacted them with a question. Got a very quick response last year when I contacted them re the hurricane problems in the GOM, which I posted last year on here.

As to Harry, Lol! Maybe he will send you a card too! But I wouldn't expect a reply from Tony Blair as quickly!

lizard - 16 Feb 2005 19:42 - 3362 of 7811

do we think harry has`options on his`mind from 07- nice retirement?.

seawallwalker - 16 Feb 2005 22:18 - 3363 of 7811

I just saw a zebra!!!!!!!!
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