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

No problem guys. you're welcome. Interesting times indeed I think and as Pondy points out, a vote of confidence that someone is prepared to splash out 8m on 40m shares. I wonder if it's safe to assume that should the sp fall back a few pence or so then Mr 40m would come in for some more, and would WTE be keen to let a large block or indeed all of them go?

so we now have a placement level of 17p and a block placed at 20p. a vote of confidence indeed. long and may add.

rgds
PT

Prop,

the three largest trades were all buys, nice couple to finish off the day with too!


03/10/05 11:25 20.0 300,000 19.5 20.25 Buy
03/10/05 15:52 20.25 785,301 19.25 20.25 Buy
03/10/05 16:27 20.125 282,308 9.5 20.25 Buy

prop,

Looks like the Berge Helene will be on her way to West Africa soon!

----------------------------------------------

Hardman Resources Limited
04 October 2005



STOCK EXCHANGE / MEDIA RELEASE

RELEASE DATE: 4 October 2005

AUSTRALIAN CONTACT: Simon Potter
Hardman Resources Ltd
+61 8 9261 7600

LONDON CONTACT: Patrick Handley
Brunswick Group
+44 207 404 5959

RE: MAURITANIA DRILLING PROGRAMME
WEEKLY PROGRESS REPORT


Hardman Resources Limited ('Hardman') provides the following progress report on
its Mauritania offshore activities:

PSC area B: Tevet-2 Appraisal/Exploration Well

The Tevet-2 well was drilled to a depth of 3041meters by the Stena Tay drilling
rig, where 9-5/8' casing was set. As of midnight on 3rd October, the well was
drilling ahead at 3692m and was on track to intersect the Cretaceous Exploration
target at a planned total depth (TD) of 3965m. The Tevet-2 well is located 2.5
kilometres to the South of the Miocene discovery well Tevet-1, and lies in a
water depth of 466m.

Chinguetti Development Wells

The 'West Navigator' drill-ship has successfully finished drilling, well
completion and flow-testing operations, on the Chinguetti production and water
injection wells. Consequently, as scheduled, the drill-ship was released from
Mauritania at the end of its contract period, at 20:30 hrs on the 29 September
2005. The completion of this phase of operations and the successful clean-up of
all producing wells marks a significant milestone for the project. The
Chinguetti field is due to come on stream in the first quarter of 2006 at a
forecast rate of 75,000 barrels of oil per day

Chinguetti FPSO 'Berge Helene'

The refurbishment of the Chinguetti FPSO, the 'Berge Helene' was completed on 28
September 2005 at the Keppel Shipyard in Singapore. The vessel is currently
anchored in deep water off Singapore where commissioning activities are being
undertaken prior to the voyage to Mauritania. Once in the field final hook-up
operations will be completed ahead of production start-up.

All reported depths (except water depth) are referenced to the rig rotary table
(RT). Hydrocarbon shows will only be reported after all required logs have been
run and evaluated, although Hardman will release weekly updates on the
exploration drilling campaign.

Hardman interests in PSC's A, B and the Chinguetti field are:

PSC B PSC A Chinguetti Field (EEA)
Woodside (operator) 53.846% 53.846% 47.384%
Hardman 21.6% 24.3% 19.008%
BG Group 11.63% 13.084% 10.234%
Fusion/Premier 9.231% 4.615% 8.123%
ROC 3.693% 4.155% 3.250%
Groupe Projet Chinguetti - - 12.000%


All reported depths (except water depth) are referenced to the rig rotary table
(RT). Hydrocarbon shows will be only be reported after all required logs have
been run and evaluated, although Hardman will release weekly updates on the
exploration drilling campaign.

Times and dates refer to GMT (Mauritania time), 8 hours behind Western Standard
Time, Perth
Australia.




SIMON POTTER
MANAGING DIRECTOR

Note: In accordance with Australian Stock Exchange Limited listing requirements,
the geological information supplied in this report has been based on information
provided by geologists who have had in excess of five years experience in their
field of activity.

This information is provided by RNS
The company news service from the London Stock Exchange

AVZ can control the price and buy at lower levels. Over 20p cannot be sustained without any news. IMO
I hold though

2 Sterling Gas Platforms are now up and running having been closed down

Pages 7 and 9

Thanks to my Alter Ego on advfn for this link.

Cheers poo bear

1/2p drop?

SWW

Excellent info. Thanks.

Nam

Thanks I'll let poo bear know.

SWW,

Excellent news thanks.

Cheers for the link SWW, and pass my thanks on to Poo also!

Did do Gav, he said thanks and so did I in the same breath.......

I'm gonna have to streamline myself.

I keep doin' a double take!

Yep.

Tha's me all right.

Mmmmmmm...........

Now wheresa screwdriver gone?

One more turn an'............

Darn it!

Cross threaded.

I'll try ag'in in the morn'

Nod enuff lite.

Holding up well today, so is SEY

:-)

rest of the screen is a bloodbath!

Indeed.

If it continues, bargains will be had.

Well, it looks like another tick down coming...........

I hope this is down to the dropping price of oil.

Tevet2 should come tomorrow, may push it back up if positive.

Hmm.........

Nothing on Tevet 2.

Most oilies have taken a hit in the Asia Market, Hardman down nearly 6%.

I going to keep my hand out of my pocket today and wait and see where we are going at the end of the day.

this is a good hard shake of the tree. nothing new except it is time for the October jitters.