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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

seawallwalker - 11 Oct 2005 20:21 - 5073 of 7811

yes

seawallwalker - 12 Oct 2005 07:09 - 5074 of 7811

Taken as a lift from TMF

Hello everybody:
In 30 years of field drilling experience in Utah, USA, I have NEVER seen a kick that destroyed the hole to be anything but high pressured gas. Only gas, with it's low bulk modulus, has the energy to do such damage....not oil, and not water.
Gas would likely be methane, but who knows, that deep and that old.
It would appear to me that this is what happened, and the Operator cemented the hole (and the lower drillstring with it) back up into the the nine inch casing in order to save the well from a likely catastophic blowout.
Large gas blowouts can easily sink the drillship.
Wonder what weight mud they'll be using for the redrill to hold that pressure through that kicking section? Wonder if the current well will be able to hold that much hydrostatic pressure, or if they'll have to run another, unplanned casing string on top of that blowout formation in order to hold the pressure???
I am sure that THESE are the questions that are bothering Woodie this week...he already knows what he has, plus some of that kick either had to be seen by the MWD equipment or actually have been circulated out of the hole and been seen at the surface.
Comments, anyone?!

Rumplesnort (still a believer and non-seller of HDR-ASX stock)
Utah, USA


This is the second oily that has said a similar thing about the well kick. Any sellers may just have shot themselves in the foot.

As usual, I make the usual disclaimers...........

stockdog - 12 Oct 2005 07:45 - 5075 of 7811

Nice one SWW. Do you agree with the suggestion that, if the cause of the kick is proved correct, it will be technically extractable and commerically valuable?

sd (still a believer and non-seller of SEY.LSE)

seawallwalker - 12 Oct 2005 07:56 - 5076 of 7811

Do I agree?

Hmm, more like live in hope.

Even small farts can make a loud noise...........

I'll leave all the experienced knowledge to the experienced who know what they are talking about.

I may have thought what has been said, but lack the experience to say it out loud.

stockdog - 12 Oct 2005 07:59 - 5077 of 7811

Fair enough.

BTW I always suspected the so-called butterfly effect was in reality a fart from the other side of the world.

sd

seawallwalker - 12 Oct 2005 08:00 - 5078 of 7811

lol

proptrade - 12 Oct 2005 13:35 - 5079 of 7811

morning. i feel a bounce coming on!

seawallwalker - 12 Oct 2005 14:16 - 5080 of 7811

Prop if Tevet 2 comes in it will bounce through the roof depending on how much and how to exteact it of course.

Yes, so do I.

goal - 12 Oct 2005 14:35 - 5081 of 7811

Look prop, don't you think you should keep your personal life to your self.. :-)

goal - 12 Oct 2005 14:35 - 5082 of 7811

Look prop, don't you think you should keep your personal life to your self.. :-)

proptrade - 12 Oct 2005 15:18 - 5083 of 7811

cheers old boy. when is the Tevet 2 announcement out?

seawallwalker - 12 Oct 2005 15:33 - 5084 of 7811

Due early next week again.

There are cautions being posted elsewhere, but hang it, I want to be optomistic for a change.

seawallwalker - 12 Oct 2005 17:01 - 5085 of 7811

Now you are famous, remember us little guys who started you on the road to success, as for meatballs, I really think they are better served with a tomato and cheese sauce.

Top them off with grated cheddar and put in the oven pre heated at gas mark 4 for 20 minutes.

proptrade - 12 Oct 2005 17:02 - 5086 of 7811

cheers. i remain in the bullish camp as well.

seawallwalker - 12 Oct 2005 17:04 - 5087 of 7811

Yes well beef meatballs are fine, but you should go for the more savoury option for a cooking medium.

I have yet to do it but horseradish can do it for me in my minds eye.

seawallwalker - 12 Oct 2005 17:05 - 5088 of 7811

Maybe an onion gravy?

seawallwalker - 12 Oct 2005 17:05 - 5089 of 7811

Forget the cheese though!

proptrade - 12 Oct 2005 17:09 - 5090 of 7811

SWW, you have mail...

seawallwalker - 12 Oct 2005 17:11 - 5091 of 7811

Thanks for that recipe, I'll give it a go.

Didn't know you could cook, you dark horse, you.........

proptrade - 12 Oct 2005 17:14 - 5092 of 7811

goal, i just saw your post from earlier...lol
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