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

Is this a new holding or are they increasing or even reducing? Anyone know?

From the 04 report and accs on page 24, it lists substantial shareholders as
Amvescap 14.59%
Westmount Energy Ltd 5.02%
The Goldman Sachs Group Inc 3.18%
The Moore Credit Fund (Master) 3.06%

Goes on to say that as of 9th May, they know of no one else holding 3%. So it would seem that they have either been holding under 3% and have increased, or it's a new holding.

Missed completely.




As you see, these are both real time charts and the hurricane knoiwn as Dennis has very nearly expired as I write.

Nothing doing with SEY toiday, Monday.

Waiting....................

just went 18.5 bid. what a SLOW day!

Prop,

Good spot, 200,000 buy just gone through.

Still won't budge past that 18.75 resistance!

and a half bar as well just before the close.

SD, you are right but they ticked up with WINS and EVO to 18.5 within 30 seconds of eachother.

big patience game but i have faith in the 20 bid soon....

decent volume this morning....

18.75 bid with EVO and KBC

nice trades at 19 and above. offer now 19.5. if feel a 20 bid soon...

Oh good, we've broken out of resistance.

Hardman are getting big chunks ripped off too, so there must be something on the horizon for the Mauritanian Project other then the drilling starting soon?

Lets see what happens now.

SWW,

At the AGM they suggested the resoure MAY be larger than first thought, but were unable to confirm yet.

Maybe they are about to?

Through the 18.75p level at last and closing on a high - looking good for tomorrow.

Lowish volume, but some nice size trades in there today.

sd

Thanks Andy.

That would be an answer.

nice early bids...

Well, you know what they say - the early bids catch the woms!

EXCELLENT NEWS:



Thursday July 14, 9:13 AM
Australia's Hardman: Tiof Oil To Be Declared Commercial


By Stephen Bell
Of DOW JONES NEWSWIRES

PERTH (Dow Jones)--Australia's Hardman Resources Ltd. (HDR.AU) said Thursday that partner Woodside Petroleum Ltd. (WPL.AU) may declare its one billion barrel Tiof oil field offshore Mauritania "commercial" next month.

The effective go-ahead for Tiof - although subject to a final investment decision by the partners - is expected in August or September, Hardman chief executive Simon Potter told journalists.

In a further boost for the West African venture, Potter said that the US$625 million Chinguetti development may start pumping oil sooner than expected.

Chinguetti is around 80% complete and due to begin production in March. But Hardman has "increasing confidence that we'll start up earlier in the first quarter", Potter said.

With oil prices surging to around US$60/barrel in recent weeks, an early startup for Chinguetti would be a bonus for the Mauritanian partners after a recent cost blowout.

Woodside said in May that the cost of the 75,000 barrel of oil per day development may rise by as much as 10% because of higher-than-expected drilling costs.

Woodside is operator and owns 47.4% of Chinguetti. The other participants are Hardman with 19%, the Mauritanian government with 12%, U.K.-based BG Group PLC (BRG) with 10.2%, the Premier (PMO.LN) group of companies with 8.1% and Roc Oil Co. (ROC.AU) with 3.3%.

Discovered in 2003, Tiof will cost more to develop than nearby Chinguetti, mainly because of a greater number of development wells needed, Potter said.

In the case of Chinguetti, Woodside declared the field commercial in January 2004, prior to a final investment decision by the joint venture four months later.

Analysts believe around 30%-40% of Tiof's one billion barrels of oil in place may be recovered, depending on how well the field's individual reservoirs are connected.

A Woodside spokesman was not immediately available for comment on planning for Tiof.

Field Partner BG Group May Have M&A Aspirations

Turning to the upcoming Mauritannia exploration program, Potter said that the first well will target at least 130 million barrels of oil in the Sotto prospect.

But Woodside's estimate for Sotto may be a "little light", Potter said.

"Our technical view is that it is larger than what Woodside is saying," he said. Broker UBS has previously estimated the target size at 150-250 million barrels of oil.

Sotto-1, around 50 kilometers south of Chinguetti, is due to begin drilling July 31.

It is the first of a proposed six-well program this year that will also target the Colin and Espadon prospects.

Woodside and Hardman are hoping to rebuild confidence in the exploration upside at Mauritania, after a moderate program last year that returned three dry holes along with the Tevet discovery.

Potter said that potential predators are likely "running the ruler" over Hardman, attracted by the prospect of further exploration success and the looming startup of Chinguetti.

He declined to identify likely suitors, though market speculation earlier this year focused on BG Group, a minority partner in the Mauritania venture.

Any predators may have to factor in a rising share price for Hardman, Potter said.

"Once we've got an income stream (from Chinguetti), we'll definitely be re-rated," he said.

Hardman shares closed up two cents at A$2.36, valuing the Australian company at A$1.55 billion.

-By Stephen Bell, Dow Jones Newswires; 61-8-9245-5120
stephen.bell@dowjones.com
-Edited by Ian Pemberton

Excellent find prop.

I have repeat posted elsewhere where they do not have it, but I see some are sneaking in here abnd doing the same.

All good, say hello some times..........

thought i was all alone on the thread today!

it has been a while SWW. how are things?

i have been in and out of a few names and am now quite plugged into Cambrian (CBM). also long Crosby (CSB) and ARX. For my sins i have also purchsed some SEO!

apart from those am trading some proper stocks in the ftse/250 arena and like the look of AMEc, CKSN, FKI and EGG.

Can you believe my baby was 6 months old two days ago. where has the time gone!

always good to chatter, love to hear an update on thoughts, family and cooking

rgds
PT

prop your never work alone.