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

Andy,

Not going myself, a 1000 mile round trip is a bit much for me just for that. One of the problems of living so far from London. I hope your going to take some notes now! ;-) I'm going to get in touch with the company early next week and suggest that they put the presentation up on the website if possible so we can all see it. I hope they do a good presentation, especially being up first. I was in PCI last year when they did the oilbarrel conference, they got a lot of good publicity after it. Of course, a dry hole in Tunisia didnt really help them come the end of the year!

Gav,

1000 miles, are you in the Aberdeen area?

Yes I will be taking notes, and as you say, the extra publicity should help awareness and the SP. Oilbarrel only meets a few times a year, and I know quite a few private investors that are attending instead of Minesite, as they are occurring at the same time!

Hopefully we won't be finding any "dusters" though!

I have now posted the PDF link I missed in the post above, showing all the companies presenting.


http://www.oil-barrel.com/conference/210605.pdf

Andy,

Totally agree re the dusters! But there was a lot of hype in PCI. Didnt know that Minesite were doing something on the same day, but ive only got one little miner so I dont follow the sector as well as the oils. Im just down the road from Aberdeen here in Dundee, hence my name. I note that GKP are presenting as well, another one Ive got my eye on so it would have been a good presentation to get to. Not really too interested in the others that are there. I look foward to reading your write up on the SEY presentation, thats if you do one that is.

Gav

http://www.oil-barrel.com/conference/210605.pdf

Gav,

Yes I certainly will, but possibly not until Wednesday, depending when I arrive back home.

I remember now, we recently spoke about the ex Bournemouth player Lovell, who plays for you.

There we go with that 1/2p tick up.

Oil is being quoted at $60 per barrel.

I have taken profit from Hardman, probably too early, better early than late imo.

SIA is begining to fly......

Oil Barrel conference tomorrow, Sterling are first on.

Loads of Fools going so there will be feedback.

Lets see what happens then.

Oh and according to Hectorp the reverse head and shoulders is still in place.

All looking a bit, er..................

Hopeful?

AFX - OPEC to hold talks on 500,000 bpd production rise if prices stay high.

That seems to have had a little effect on SP's, but long term it wont make any difference imo.

Nice to see you all here and bubbling along with it all today.

Ticking up nicely today - will we make it through the 200dma? Will we make it through the 17p resistance?

200dma?

Good question.

I see that aanouncement from Opec seems to be wearing off already.

Keep going guys.

If it crosses, then chartists might say its going to fly.

So who will buy to make it do it?

thinking of adding. i truely believe these aree due a pop to the mis 20's...

sorry i am late, kids sports day (morning and afternoon!)

Ah the joys of Parenthood.

The Dad's egg and spoon race.

indeed. i lost.

Last time I took part in the father's race at my daughter's school, I fell and landed on my arm, taking about 3 months for all the muscles around my shoulder socket to stop hurting like hell. The other guy was not so lucky - he slipped too and broke his collar bone! Father's race was cancelled from that moment on on safety grounds.

I will wait for the 17p resistance to be decisively broken to call "action".

17p.......... fine.

I'll do that too.

Big trades again today.

Show as buys, I suppose they are as reliable as when they show sells....

MAM shows 5.1m buys to 1m sells including a 1m protected trade buy at 16.88p reported at the end of trading today.

Looks good for more fun tomorrow.

agreed. will signal my new purchase first thing! i refuse to pay less than 17p (ok i might!)

i think sey is heading for a short term spike at around 20p-

Looking better but desperately needs a decent flow of news to reinforce positive investment feelings
I am getting quite attached to SEY which is not a good thing for me to do It breaks all my rules.

Decent article here, worth a read.

"With a nod from OPEC, oil prices have climbed nearly 6% in the last three days and are widely expected to top $60 a barrel.

The insistence of many OPEC members that they are unable to prevent prices rising because of such refinery capacity shortages is likely to be taken as a further bullish signal by the market," Barclays Capital analysts wrote in a note Wednesday. "We expect $60 for crude to be breached in pretty short order."

http://www.rigzone.com/news/article.asp?a_id=23275

Enjoy the Oilbarrel conference tomorrow Andy, look forward to reading your write up. I emailed the company tonight to ask if they would put it on the website.