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

Well I would expect the results to be pretty good. Production doubled from 03 to 04 as Andy's chart showed so I'm looking forward to Wednesday's figures. Would think that Evo's may put out a new note on Weds and should get some decent publicity.

I just had a really nice sandwich...............

The wife is in the garden doing a bit of ground work for the new garden she is building...........

Ain't life grand...........

;-)))

From advfn.................

confusing hey???

vickenk - 9 May'05 - 11:17 - 4958 of 4958


I spoke to Sterling today and they said the results are not out this week...apparently nearer the end of the month but she was not sure.

Quite a bit of interest here today and a couple of decent sized trades just gone through. Looks like sellers getting above the bid now.

So much going on, the missus has lifted a dozen slabs that were concreted in, and the stock activity too, great day in prospect.

Shes about to start breaking the 6 inches of concrete.

I bought her a club hammer so I did my bit....................

Back in for the third time, anticipating some very encouraging results.....whenever they are announced.

regards

PTH

guys...advfn is rubbish as usual. please make the call yourself if you don't believe it.

SWW...u are all heart

prop, I believe.................

and thanks.......................

I made her a cup of tea as well now................

I suppose I had better get on a do a few chores, or shall I have my afternoon snooze.

I may have to tell her to muffle the hammer........

its only fair...i mean you are trying to rest.

the 7 mill trade was a buy, look at the time, 11.04am, just reported late after the ask went up......

Plenty of action today.

Mind you the last one was a sell.........

Oh well, time to stop watching........

i watch all night...

As prop said yesterday results are definitely tomorrow, the advfn poster decided to really phone the Company this time and got that reply.

That just about sums up why I do not rate advfn for facts.

There are too many made up facts available there it seems.

Can't fault Sterling for being willing to talk to their shareholders, same every time by phone or email.

Good for them.

From a decent advfn poster who does not deal in bullsh*t.

barryrog - 10 May'05 - 17:23 - 4976 of 4977


Gryphon2,
I agree, i have been saying that for months.
Small caps are getting hammered at the moment, even the good ones.
SEY to be included in 2 new Indexes to be launched 16/5.
FTSE AIM TOP 50 and FTSE AIM TOP 100, could well attract some additional funds from Institutions.

SWW

have a look on the day traders thread, there is a post in detail about this and all the components listed

fundy thanks, I will.

regards

sww

Cracking set of results, just a snippet.

PTH

Sterling Energy PLC
11 May 2005


11 MAY 2005

STERLING ENERGY PLC

2004 PRELIMINARY RESULTS

ANOTHER YEAR OF SIGNIFICANT ACHIEVEMENT

Sterling Energy, the AIM listed (symbol: SEY) independent oil & gas exploration
and production company, today announces its Preliminary Results for the year
ended 31 December 2004 together with an update on progress since the year end
and the outlook.

2004 Highlights:

Revenue more than doubled to 11.5 million
Pre-tax profit up 130% to a record 4.2 million
Operating cash flow increased 144% to 8.1 million
Production doubled with year-end rate of 10.2 mmcfge/d
Successful placing of shares at 17p per share raising 97 million
Funds principally used to acquire c.8% economic interest in the 75,000 bpd
(gross) Chinguetti development, offshore Mauritania
Net proven and probable reserves up 450% to over 21.6 million barrels
equivalent
Life of US interests extended to 15 years
New exploration acreage acquired in Madagascar

2005 Progress and Outlook:

Chinguetti development on track for first production in Q1 2006
Agreement reached to sell non-core Philippines interest to new company
intending to float on AIM in 2005
Virtually carried through an 8-10 well programme in Africa
Farmout completed in AGC, retaining 30% interest in 800-1,000 million bbl
of in place heavy oil discoveries
Further farmout activity expected
New licence, exploration and production interests being sought ahead of
anticipated significant increase in cash flow when Chinguetti enters
production
US drilling and workovers programme aims to double production there by
year-end



Harry Wilson, Chief Executive of Sterling Energy Plc, said:

'This has been another year of significant achievement for Sterling. We have
moved strongly forward on both an operational and a strategic front. The next
few years offer many further exciting opportunities including the anticipated
significant increase in cash flow from our Mauritanian interests and the
prospects from a substantially increased exploration programme. These will
ensure that Sterling is well placed to continue to exploit the growing
opportunities in our industry.'

Great stuff Sterling.

Better than I expected.