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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

mickeyskint - 08 Apr 2005 12:42 - 3690 of 7811

Off topic boys. Got to feel it for the people working for Rover. I'm no expert but even I could see it coming.

MS

proptrade - 08 Apr 2005 12:52 - 3691 of 7811

agreed. i will leave the politics for the political thread but i think this has been so utterly mismanaged it is untrue.

hightech - 08 Apr 2005 15:03 - 3692 of 7811

DGO is trying ot pass 100p. SEY may follow IMO

proptrade - 08 Apr 2005 17:26 - 3693 of 7811

SEY a quid by crimbo!

Pond Life - 08 Apr 2005 18:39 - 3694 of 7811

I'll vote for that. DYOR - Do your own ramping. LOL

seawallwalker - 10 Apr 2005 18:43 - 3695 of 7811

barryrog on ADVFN says............

here's a thought for Sunday.

'American oil and gas exploration co. Vanco is eyeing a flotation on AIM that could value the firm at more than 500 million.
the Houston based group has acquired offshore licences for eight African countries including Morocco,the Ivory Coast,Ghana,Equatorial Guinea,Gabon and Madagascar,with 20 million acres under licence.
insiders said the company would be one of the most exciting prospects to join Aim given its long and experienced/established history as an independent business.'

ring any bells? it should do.

SEY's offices are in Houston.
SEY already as a relationship with the co.
SEY also has licences for most of these areas.

possible merger?
1 billion co. shared Gulf operations,shared licences with huge increase in potential/proven reserves,shared mgt expertise/economies of scale,possible dual listing, American involvement in Mauratania partnership etc.etc.

appears the perfect fit to me!

A real coincidence and there's no mistake.

They are Sterling's assets that they seem to be talking about, they may have bought them, unless of course they are being allowed a farm in, which could be the other explanation.

So this is how a rumour starts????

Andy - 10 Apr 2005 23:28 - 3696 of 7811

SWW,

I believe the poster is being VERY presumptious IMHO!

There are MANY oil companies in Houston!

here is a description from the Vanco website;

For further description of the copmpany, use this link;


http://www.vancoenergy.com/aboutus/history.htm

------------------------------------------------------------------

Vanco Energy Company is a privately held independent oil and gas company whose mission is to explore and develop oil and gas in deepwater worldwide.

Since 1997, with just over 50 people, the company has acquired licenses offshore eight African countries, becoming the largest deepwater license holder offshore West Africa with over 20 million net acres under exploration and development.

Corporate offices based in Houston have expanded to five regional offices in Africa in preparation for drilling and complete operations in 2003. Regional offices are located in Morocco, Ce d'Ivoire, Equatorial Guinea, Namibia and Madagascar.

Vanco has developed an organization and culture to meet the demands of an international operator. Its people are high-energy, creative and pro-active. The management team has years of international experience, most specific to offshore Africa.

As an operator in seven licensed countries, Vanco believes in being a good corporate citizen, and strives to contribute to the communities where it does business by offering scholarships, professional training and assistance with local social programs. Vanco believes in respecting human rights, cultures and customs of its host countries, and works to ensure that all operations run in a safe and environmentally responsible manner.

seawallwalker - 11 Apr 2005 06:39 - 3697 of 7811

As I said, so this is how a rumour starts........

Fair comments Andy.

Even if the coincidence has substance, as I have pointed out, there are alternatives to this being a clandestine takeover.

Farm in is my guess.

proptrade - 11 Apr 2005 09:48 - 3698 of 7811

reads well to me and far more interesting than anything i saw over the weekend.

Andy - 11 Apr 2005 12:35 - 3699 of 7811

SWW,

Yes that would be better, I just can't see HW giving away any value, especially after such a hard fough takeover for FOG.

Jimbob GR - 11 Apr 2005 13:50 - 3700 of 7811

check out eureka thread 10x by christmas!

hilary - 11 Apr 2005 14:10 - 3701 of 7811

Are you a mate of Swellen, Jimbob?

proptrade - 11 Apr 2005 15:34 - 3702 of 7811

hils...we missed you. any ideas?

hilary - 11 Apr 2005 16:12 - 3703 of 7811

I've got an idea that Chelsea might be about to win the Premiership if that's any good to you, proptrade.

:o)

mickeyskint - 11 Apr 2005 17:39 - 3704 of 7811

Talking of football, Lee Bowyer has bought a mansion Nr Tonbridge Kent. So where's he going any guesses. Palace, Spurs (Hope not), Charlton?

MS

proptrade - 11 Apr 2005 22:06 - 3705 of 7811

hils, cheers for the tip. think we might have a new pope soon?

Andy - 12 Apr 2005 00:07 - 3706 of 7811

proptrade,

Lee Bowyer? Surely not, Tonbridge is a long way from the Vatican!

proptrade - 12 Apr 2005 09:20 - 3707 of 7811

LOL!

if i had my way it would be Thiery Henry! that has started my Tuesday with a smile.

daves dazzlers - 12 Apr 2005 09:24 - 3708 of 7811

Ms,i think curbs would take him back to charlton,,team him up with spud murphy in midfield.

Andy - 12 Apr 2005 10:07 - 3709 of 7811

daves,

Funnily enough, thats what I think will happen too!
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