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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

proptrade - 07 Sep 2005 11:55 - 4853 of 7811

CDR? LSTR? GLSR? BRIE? EMTL? CMBR? EDAM?

seawallwalker - 07 Sep 2005 11:56 - 4854 of 7811

LOL

gavdfc - 07 Sep 2005 11:57 - 4855 of 7811

A grand a month's a bit out of my league, especially over 2 years! I thought Reuters terminals were cheaper? Anyway, I'll be happy when I get a new pc with a few monitors, this ones about had it.

Back to SEY, was in touch with the company last week re possible damage from katrina and heard back from them today. Eugene Island 268 was shut in from Aug 26 to 31. Total lost production was 19,200 Mcf (gross) 8,640 Mcf (Sterling net), with no damage to the structure and the well was back up and running to full rate by Sept 2.

stockdog - 07 Sep 2005 12:03 - 4856 of 7811

gavdfc - well dug! good news indeed, a pretty minor loss of output (which at least is still in the ground as value). Did they mention if they can off-load it onto the Loop or whatever they use? or can they store at the well head until other infrasctructure is up and running.

proptrade - 07 Sep 2005 12:03 - 4857 of 7811

bought a computer yesterday for the kids from PC World. amazing deal, far better than dell which i normally buy (home/laptop and office). the deal is:

http://www.pcworld.co.uk/martprd/product/seo/034869

priced up dell with similar specs and they couldn't come close. Philips 17" monitor came with it. they can multi screen but i don't think my children will need it for trading! (yet!).

THx for the SEY update...

ps to those at MoneyAM, i don't work or earn comm from PC World!

rgds
PT

stockdog - 07 Sep 2005 12:08 - 4858 of 7811

Are children truly the fourth estate because they are the fourth way to increase your wealth:-

1) earn more
2) spend less/save more
3) get a better return on your investments
4) teach someone else to work as hard as you and give you 15% of their income ever after

I'm buying my daugther a new computer for her birthday!

sd

proptrade - 07 Sep 2005 12:10 - 4859 of 7811

indeed. i am starting them young, my eldest is just six and my other two are four and 7 months...a few quid a week adds up!

gavdfc - 07 Sep 2005 12:17 - 4860 of 7811

SD, cheers. No mention from them as to off-loading onto loop. All I asked them about was damage and loss of production. Agree that it was indeed a small loss of prod, especially considering what has happened to other platforms in the area. Shell's Mars platform springs to mind! As to children increasing your wealth, I don't have any so my costs are low!

PT, cheers for the pc link, looks like a decent price. Have been looking briefly at Dell's as people tell me they are a decent make at a good price adn they build to your spec. Was thinking of getting one purpose built, plenty of small companies seem to do that online. Will require further research!

Gav

seawallwalker - 07 Sep 2005 12:19 - 4861 of 7811

I am pleased that Eugene is well.

I am back in.

Thanks Gav.

I should say it's a shadow of my former holding, however it will do for now.

stockdog - 07 Sep 2005 12:24 - 4862 of 7811

gavdfc - there is what is known, if I remember rightly, a thing called a discontinuous curve on the graph with number of children on the x-axis and incremental wealth on the y-axis.

As you reduce the number of children, there is an almost linear decline in the additional wealth they can bring - until you get to zero, when the graph jumps to a hyperbolically upward curve off the positive end of the scale! You have been warned!

proptrade - 07 Sep 2005 13:19 - 4863 of 7811

SWW, welcome back as a full member!

gav...i would love to see you get a better deal, i did quite a bit of homework!

Andy - 07 Sep 2005 13:39 - 4864 of 7811

SWW,

About time too!

Good to see you back in.

Dr Square - 07 Sep 2005 14:07 - 4865 of 7811

gavdfc

mind if I post the lost gas figures across on advf-n

regards

gavdfc - 07 Sep 2005 14:47 - 4866 of 7811

Doc, no problems.

SD, Lol!! Will keep that in mind! With all these axis's, curves and graphs, sounds a bit like economics back in my uni days! Or even worse, calculus!!!

Prop, I'm sure you did. Problem I find when looking for a pc with what I want, is deciding on whats the best deal and where to buy from, especially as I'm no expert on which components are the best etc. Eg - Dell online, PC world or get a system individually built for what I need. Also, who over the quickest backup service. Plenty of small local companies up here build to specific requirements so might take a look there.

gavdfc - 07 Sep 2005 17:09 - 4867 of 7811

RNS out, UBS have sold a few, about 4.9m ish. Still holding 3.99%.

http://www.companyannouncements.net/cgi-bin/articles/200509071701089812Q.html

stockdog - 07 Sep 2005 19:09 - 4868 of 7811

Calculus - talking of a little stone(d) , reminiscent of my student days too (err, I think - can't remember)

Not surprised UBS have sold a few SEY - probably need something to buy into CHP with!

Dr Square - 08 Sep 2005 13:36 - 4869 of 7811

ROC are predicting costs to be $700m for Ching

http://www.rocoil.com.au/Pages/ASX_Releases/2005_Releases/September-2005.html

regards

goal - 08 Sep 2005 22:42 - 4870 of 7811

There was a couple of good trades at the end of the day.

hlyeo98 - 09 Sep 2005 08:47 - 4871 of 7811

Looks like it will never breach 20p.

Andy - 09 Sep 2005 14:35 - 4872 of 7811

Hyleo,

I know how you feel, it's frustrating, but we have drill results expected soon, and Chinguetti startup in the not too distant future, so maybe our patience will be rewarded in the next few months?

If you allow for the military coup in Mauritania, and the uncertainty following the hurricane, I think the price has held up quite well.
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