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

morning. wife's birthday today....i remebered, bought a gift she loves and have booked her favorite restaurant tonight. now all i need is for a couple of points move in SEY and i can pay the amex bill!

Not today proptrade. Just been quoted 17.25 - 17.45 online with Barclays. Can buy at least 50k on line so no shortage of stock. Offer is below the mid point so expect a tick down on the offer. Today's buys will show as sells.

might have to pop to the pawn shop then....

I dont like to eat prawns in this weather.

They need to be kept chilled or they will become very dodgy..........

Dont forget to bite their heads off, just like my Missus, she's very good at that.

and eat them...

2 million just went through (shares not prawns)

Interesting that on an almost entirely red day, albeit on low volume, the SP has held steady.

Was that 2 million a rollover?

Doesn't look like a rollover to me.

I believe the AGM is tomorrow. (Wednesday).

Let's hope good forward-looking comment from HW sends the SP into new territory.

Could be another field of operations for SEY or EEN!

GENEVA (AFX) - Kazakhstan's energy minister Vladimir Shkolnik said he hoped to export 130 mln tonnes of crude oil mainly to Europe within a decade as production is tripled every year.

Speaking on the sidelines of a regular United Nations meeting on Caspian Sea energy supplies, Shkolnik said the country currently had about 8 mln tonnes on tap but reiterated that it was aiming to expand that to 150 mln.

'In 10 years we are aiming to deliver to Europe, maybe not only to Europe, 130 mln tonnes of crude oil per year,' he told journalists.

Kazakhstan is regarded in the West as a potential alternative to traditional producers in the Middle East.

The Kazakh government is also aiming to put some of the blocks of offshore oil reserves it holds in its part of the Caspian up for tender open to foreign companies next year, the energy minister indicated.

'Part of the blocks will be developed together with our national oil and gas company. Part of the blocks will be put on open tender. This procedure I hope will start next year,' Shkolnik said.

Lets see what tomorrow brings.

Looking forward to the year end now.

http://moneyam.uk-wire.com/cgi-bin/articles/200506290700201869O.html


This should do it............


Sterling Energy PLC
29 June 2005

29 June 2005


STERLING ENERGY PLC
('Sterling' or the 'Company')

Successful Well Operations in Gulf of Mexico

Sterling Energy Plc, the London AIM listed (SEY) independent international oil &
gas exploration and production company, today announced the successful outcome
from the operations of two offshore wells in the Gulf of Mexico. A work-over of
a third well has commenced.

Eugene Island 268 - Sterling has successfully entered and recompleted the A-1
well at Eugene Island 268. The well was recompleted in the Lower Pleistocene EO
and EK sands with a sliding collar production assembly. The well tested gross
gas flows of 3.9 million cubic feet per day (mmcfd) from the deeper EO Sand. The
rig is in the process of moving off location following which the well will be
hooked up to the sales line. The upper recompletion in the shallower EK Sand
will be opened for production upon depletion of the EO Sand.

Sterling has a 60% working interest and 45% net revenue interest in the A-1
well.

Mustang Island 749 - Sterling has successfully drilled and completed the MU 749
GU No. 2 well adjacent to existing Sterling production at Mustang Island. The
well encountered 30 feet of net pay sand approximately 30 feet high structurally
to the other productive wells which have been drilled in this Cib Haz Sand
reservoir. Although Sterling encountered operational problems and delays in
drilling the No. 2 well, the well has now been completed and shut in following
positive pressure tests on the reservoir. Fabrication of the production
facilities has now commenced following which the No. 2 well will be connected to
Sterling's Mustang Island 747 Platform for production. The rig has now moved off
location to Matagorda Island.

After completing a farmout during drilling, Sterling owns a 75% working interest
and 56.4% net revenue interest in the No. 2 well.

Matagorda Island 520 - work-over operations have now commenced on the No. 16
well in the El Gordo field where Sterling has a 57.3% working interest and 45.8%
net revenue interest.

Sterling Finance Director, Graeme Thomson said;

'We are delighted with the results from these two wells which represent a
significant step towards our target of doubling production from the Gulf of
Mexico by the year end. With forward gas prices averaging over $7.50 /mmbtu for
the next year we are looking forward to strong cash flow from these assets.'

First buy at 07.42 = 100,000 @ 18.50p

Get up prop and watch this one..................

It may be worth it(?)

i am i am !!!!!! i new i should have added!

Hello hello hello, did someone mention 20p?

Clearly the early bird paid the high price. Just been quoted 17.88 - 18.2 on-line with Barclays. No shortage of stock.
Looking good from here on in. Wait till Ching starts to flow - then we'll see some real action.

Good Morning People.

Nice result nice bit of action so far.

I would expect a consolidation from here on in until the next bit of news.

It seems that Sterling now are getting the news items delievry right, having not informed on the GOM at all prior to this summer.

It's all looking good, hopefully there will be some feedback from the AGM.

Glad you were up prop, I hope it is worth it today.

Achingly small response on the SP to this good news, but from here on the 50dma should turn up and form a golden cross as it moves through the upward moving 200dma - by the end of July, I would hope. Should bring in a lot more buyers then on TA.

Short-term can we conquer the 18.75p double top from Mar/Apr?

tempted to buy more....will have a few if i can get some at 17.75....