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

Hils

Without up setting the faithful what is your take on this one.

MS

Better to short Sterling against the Euro than Sterling against the Market, wouldn't you think Hilary?

SD

Mickey,

Upsetting the faithful is never something that's bothered me. My view hasn't changed and I still see these as a sell.

hilary- I note your comments.

Put the way you have above, I am faithful, (to a point), but not upset by the advice, good as it is, and intended.

Thank you.

That's a relief, seawallwalker, as I couldn't bear the prospect of upsetting you.

Me either!

So are you going to dump them then? You know it's a dog with fleas.

I think I will answer that in May.

Don't forget fleas can jump many times their own body height, just when you think you've got them by the short and curlies. And this is a dog with bite, so I'm staying faithful.

SD

Very good sd.

I am fairly certain that this is stuck in the mud till news.

The next scheduled is in May, unless the PSC announce where the next 6 to 7 free carries are in Mauritannia before then.

Can't see what else is coming, but then you never know.

An article from Rigzone.



http://www.rigzone.com/news/article.asp?a_id=20424

Woodside Petroleum Ltd said it believes the Tiof oil discovery off the coast of Mauritania holds about 287 mln barrels of recoverable oil.

The group's chief operating officer Keith Spence said appraisal work is continuing with a development decision possible by mid-year or the third quarter.

"We don't have a development plan yet," Spence told an analyst briefing Related Products

Hydrocarbon Exploration and Production

Generalized Approach to Primary Hydrocarbon Recovery


after Woodside, about one-third owned by the Royal Dutch/Shell group, reported its full year profit results.

Spence said the estimate is a lower than "perhaps people had been expecting" and different development options will need to considered than if the field contained over 400 mln barrels, adding that the field is likely to be developed as a standalone project.

On Monday, Hardman Resources Ltd, an Australian partner in Woodside-operated project, said Tiof might could contain as much as 1 bln barrels of oil but all of this will not be recoverable.

Hardman said the Tiof-6 appraisal well had an encouraging oil flow but the sands tested are of poorer quality than those at joint venture partners' nearby Chinguetti oilfield, already under development.

Woodside owns 53.846 pct of Tiof while Hardman has 21.6 pct. BG Group Plc has 11.63 pct, the Premier Oil group of companies also of the UK, has 9.23 pct and Australia's Roc Oil holds 3.693 pct.

Today could be a very, very important day for SEY holders.

It could also be a very, very important day for SEY bears.

care to shed some light as to why Hils

Morning team sey,fundy are we going to get hit

Can i see 14 ?

Today is not going to be a good day. Could'nt even sell 15k on line. I think we are going to get hit.

MS

you guys!

hils, i have one question. are you short? if so great and good luck, if not put your money where your mouth is and stop riling the other punters!

everyone else...this is the long game. trade a few around but if you believe in a couple of baggers then who cares about not such a great interweek move. relaxxxxxx!

Hils short? My guess about 5'9'' ;-)

Anyway, sp rising at the moment - so what's the problem?

none at all...just want to pep up the board and keep things positive

I don't know if you guys are in denial, but my short was discussed on this thread at great length a couple of weeks back. I've got a totally open mind on it at the moment and it could still go either way ..... it needs to close on or below 17p first before I really start digging the claws in.

Frogface,

5' exactly as it happens.