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

Snap

Make a wish gavfdc.................

We're rich!!

Well, we will be one day............

Takeover is always there especially with all that stuff to have a go at.

The new website is indeed a massive improvement over the last one. So much info on there regarding the areas of operation, an issue i'd mentioned to them a couple of times. I like the detail they have put on the site regarding operations.

2m T trade just gone through at 18.38

nice spot...

Cheers, all in all a good day for us. Excellent RNS this morning, new website up and running and we've moved up. Great end to the week.

Well at last it would appear things are starting to move. You've got to have patience with this one. I'm down The Red Lion tonight downing a few pints of Stella. What ever you get up to this weekend, have a good one.

MS

cheers, you too sir.

Think I'll be joining Mickey with a few Stella's tonight. Some positive press over the weekend would be nice. A good weekend to all.

gavdfc, nearly every share mag or tipster I have read recommend SEY I haven't seen bad press on the company, as for Me a pint or two of ESB or Abbott ale will go down a treat to celebrate SEY & the gunners winning.

Wow! what a good start.

agreed!

E it's grand.

I'll SEY

Any shorters in the house?

Apparently there is an update from Evolution puitting the price at 29p plus, anyone got a sight of it please?

Stogdog..very drole...and loving it!

Snatched from TMF, has no link but this is what it says.

Evolution have updated their comment on Sterling(SEY) post the Dome Flore farmout. They have this to say...

This deal is yet another demonstration of Sterling's management's innovative approach to portfolio management, minimising costs and creating value for shareholders.
The value to Sterling could be considerable in our most recent NAV and EMV calculation we attributed 1.8p/share of value to these reserves based on 500m barrels in place at 20% recovery factor risked at 50%. The increase in the reserves to 800m and recovery factor (still conservative at 25%) increases this to 4.8p/share and our group NAV core plus risked EMV of exploration rises to 29.5p/share.

Entrust

Seems to have been a decent day here. Cheers SWW for posting the Evo note from Entrust. Haven't read the full update yet. This from Killik's morning note today:

"Junior oil and gas stocks continue to resume their upward path. Regal Petroleum was featured in the press this morning ahead of an anticipated positive drilling report. Sterling Energy remains strong following Fridays farm out agreement. A small mention in the Saturday FT from Kevin Goldstein has highlighted the potential asset play of Westmount Energy (WTE) which has a large proportion of its net asset value in Sterling Energy shares. Westmount is up 5% in early trade to 103p."

Nice spot gav.

Time for a breakaway I think with a nice cup of tea in a big thick cup.