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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

stockdog - 08 Aug 2005 09:15 - 4706 of 7811

proptrade - thaks for words of wisdom which echo my own position. BTW as you suggest, the common factor in one's life experiences is, of course, oneself!

SWW - is a quarm a new sub-atomic particle peculiar to the oil business?

s(o)d

namreh3 - 08 Aug 2005 10:36 - 4707 of 7811

It is a mixture of the Charm quark - whether it is the up or down variety is anyones guess.
Nam

Sunray41 - 08 Aug 2005 11:43 - 4708 of 7811

Prop - I can go back to the days of the Sukarno " foundations " and Dr M putting the squeeze on.
Nothing changes and they dont tend to kill the goose no matter the public posturing.
Have a good hol --- but watch the sharks !!
sr

seawallwalker - 08 Aug 2005 12:23 - 4709 of 7811

Mauritanian Goverment Developments, (This keyboard can't speel)

seawallwalker - 08 Aug 2005 12:33 - 4710 of 7811

Just been quoted 19.22p for 50k online.

So, any sells over 19p are in fact buys imo.

goal - 08 Aug 2005 12:37 - 4711 of 7811

SEY had a tremendous wright up & recommendation in Money Week on Friday, obviously written before the advent... i am pretty shore the share price would have gone up instead of going down a little, & because the price is reasonably stable i will hold. Regards goal.

seawallwalker - 08 Aug 2005 12:47 - 4712 of 7811

I dont think it will hold.

I see this drifting down until the situation is made more transparent in respect of Sterlings interests.

Someone has said the Oil Minister is still in place, which may help matters.

Obviously the spectre of Civil War is never far away either.

You can't please all of the people all the time

Andy - 08 Aug 2005 13:37 - 4713 of 7811

Sey have still not retunred my call Friday, which hardly surprises me, but they did say they would!

Still holding.

goal - 09 Aug 2005 10:14 - 4714 of 7811

Business as usual.

Pond Life - 09 Aug 2005 13:41 - 4715 of 7811

Looks that way to me goal. Panic over. Oil is flying and my oil shares are all catching the breeze. What a nice day!
Betcha glad you didn't sell out.

Andy - 09 Aug 2005 22:31 - 4716 of 7811

pond,

Me too!

What I would like is some sort of RNS from SEY confirming the relationship and agreements made between SEY and the previous Mauritanian governemnt are still valid, and then we should fly!

seawallwalker - 10 Aug 2005 23:34 - 4717 of 7811

EVO apparently have issued a new note.

Anyone seen it?

Andy - 11 Aug 2005 00:09 - 4718 of 7811

SWW,

No, but I would appreciate a copy if anyone has it!

Is GAV around?

gavdfc - 11 Aug 2005 12:57 - 4719 of 7811

Andy,

I don't know if Evo have put out a new note or not. I tried to find out this morning if they have and get a copy, but the person I deal with is away on holiday until the 24th.

gavdfc - 11 Aug 2005 13:00 - 4720 of 7811

Seems they have put something out, just found this on Google:

Sterling Energy;Business As Usual -Evolution

Wednesday, August 10, 2005 6:37:28 AM ET
Dow Jones Newswires



1028 GMT [Dow Jones] Sterling Energy's (SEY.LN) assets in Mauritania are conducting "business as usual," says Evolution. Adds that although the bloodless coup may have been unsettling, it has so far had "minimal impact" on the Chinguetti development program, exploration drilling, or Sterling's relationship with the oil ministry. Thus reiterates buy rating, 32p target. Shares unchanged at 19.5p. (PBA)

http://www.newratings.com/analyst_news/article_962916.html

Andy - 11 Aug 2005 15:22 - 4721 of 7811

Gav,

Cheers, good to see that EVO are still positive.

Andy - 12 Aug 2005 00:12 - 4722 of 7811

Here she is, and what a beauty!



Shipbuilder: Sembawang Shipyard, Singapore


Project:
External Turret Production (ETP) system for FPSO Berge Helene for Bergensen DY Offshore AS


ShipConstructor Modules:
ShipCAM/Hull, Structure, Nest, AutomaticNest, BuildStrategy, ManagerReport, NC-Pyros, FlyThrough




http://www.shipconstructor.com/cl417.html

Andy - 12 Aug 2005 00:16 - 4723 of 7811


Shipbuilder: Sembawang Shipyard, Singapore


Project:
External Turret Production (ETP) system for FPSO Berge Helene for Bergensen DY Offshore AS


ShipConstructor Modules:
ShipCAM/Hull, Structure, Nest, AutomaticNest, BuildStrategy, ManagerReport, NC-Pyros, FlyThrough



Berge Helene FPSO Turret
Courtesy Sembawang Shipyard, Singapore



Project Highlights:


Easy to Learn, Easy to Use Sembawang undertook the turret as a fast-track ShipConstructor pilot project. With only one week of user training, the project team was able to model the complex turret in less than two weeks. With each subsequent design iteration, the team was able to create a completely new 3D model of the turret in about one week.



3D Product Model of Berge Helene FPSO Turret

Courtesy Sembawang Shipyard, Singapore


Plate Expansion and Interference Checking The turret design consisted of many curved, thick steel plates requiring expansion and forming templates from ShipConstructor. These plates were also penetrated by riser tubes leading from the FPSO to the deep sea oil field, so full 3D modeling of the complete turret structure was imperative to ensure accurate plate cutting, plate forming, and structure and pipe interference checking.



Production Drawings and CNC Integration Once the design was complete, nesting and assembly drawings and NC code were automatically output from ShipConstructor. The project coincided with the commissioning of a new CNC machine at Sembawang, and ShipConstructor interfaced smoothly with it on the very first trial cut.

Sembawang is supported by ARL Asia Pte Ltd., ARLs ShipConstructor representative in Asia.

See also ShipConstructor Used For Turret Production System


gavdfc - 12 Aug 2005 12:50 - 4724 of 7811

Andy,

Thanks for that, looks good! Here's a link to some pictures of the actual ship courtesy of 61pt8 from TMF.

Berge Helene

And here's his take on how he actually got the pictures, worth a read!

http://boards.fool.co.uk/Message.asp?mid=9203681&sort=whole#9206006

Pond Life - 12 Aug 2005 17:24 - 4725 of 7811

Fantastic pictures and a fantastic story on the Fool board. Great posts and thanks for the link, well done.
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