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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 - 05 Oct 2004 07:23 - 520 of 7811

This is even better............

Australia's Woodside finds indications of more oil off Mauritania coast
AFX


SYDNEY (AFX) - Woodside Petroleum Ltd said drilling at its Tevet-1 exploration well off the coast of Mauritania in West Africa have shown signs of oil and gas.

The company, about 34 pct owned by Shell, said wireline logs run from the Stena Tay rig drilling Tevet-1 indicated the presence of oil and gas bearing zones.

It said logging and evaluation, including pressure and sample collection, is continuing and results will be reported once that program is completed and evaluated.

Located about 10 kms northeast of the Woodside operated Chinguetti oil project now being developed, Tevit is the first exploration well in a current 100 usd exploration program off the Mauritanian coast which is targeting 1.3 mln barrels of oil in six new prospects.

Woodside owns 53.846 pct of Tevet-1 and is the operator. Australian listed Hardman Resources Ltd has 21.6 pct, Roc Oil, also listed in Australia, has 3.693 pct, BG Group Plc of the UK has 11.63 pct and the UK's Premier group of companies have 9.231 pct.

Woodside also reported the drill ship West Navigator, has run wireline logs indicating the presence of oil at the Tiof-3 appraisal well within the target zone.

The exploration and production company has said the Tiof field has the potential to be as big as the Chinguetti oil project which has gross reserves of 120 mln barrels of oil.

&

http://moneyam.uk-wire.com/cgi-bin/articles/200410050740527069D.html


gavdfc - 05 Oct 2004 07:31 - 521 of 7811

"Woodside Petroleum Ltd said drilling at its Tevet-1 exploration well off the coast of Mauritania in West Africa have shown signs of oil and gas."

So oil found there, and oil found here:

"Woodside also reported the drill ship West Navigator, has run wireline logs indicating the presence of oil at the Tiof-3 appraisal well within the target zone."

Excellent.

seawallwalker - 05 Oct 2004 08:06 - 522 of 7811

Press release from Sterling would be nice..............

gavdfc - 05 Oct 2004 08:14 - 523 of 7811

Would be nice, may get one later on. I see Premier released an update.

http://moneyam.uk-wire.com/cgi-bin/articles/200410050740527069D.html

proptrade - 05 Oct 2004 09:20 - 524 of 7811

ok, bring on those announcements...

gavdfc - 05 Oct 2004 10:43 - 525 of 7811

Up we go, first buys at 16.75 now. :-))

sandrew64 - 05 Oct 2004 10:48 - 526 of 7811

At last!!!

grandadg90 - 05 Oct 2004 11:16 - 527 of 7811

Now buying at 17.25.

hilary - 05 Oct 2004 11:51 - 528 of 7811

Shouldn't you guys be swinging from the rafters today and chanting "Fillyaboots ...... a quid by Xmas!"

:o)

proptrade - 05 Oct 2004 12:07 - 529 of 7811

well i go out for a meeting and what a nice price to be met with on my return. gotta be a quid by christmas, fillyaboots.

hilary - 05 Oct 2004 12:10 - 530 of 7811

That's more like it, prop!

:o)

jeffmack - 05 Oct 2004 12:19 - 531 of 7811

Sod fill ya boots, fill ya shed

hilary - 05 Oct 2004 12:22 - 532 of 7811

Bulging out the door, Jeffie.

binary.asp?page=7864&file=images\2004\5\

proptrade - 05 Oct 2004 12:32 - 533 of 7811

i am still laughing guys...so funny i called my wife to see what a swell bunch of comedians i assiciate with on a daily basis!

seawallwalker - 05 Oct 2004 12:40 - 534 of 7811

Just got in, and abouttime too, thought this was not going to happen for a while.

Quid by Christmas, well I think that optomistic, make it by January 1st imo.

proptrade - 05 Oct 2004 12:46 - 535 of 7811

fair enough, i will put my offer on the board at 98p....doesn't pay to be too greedy, you know i am always level headed.

seawallwalker - 05 Oct 2004 12:53 - 536 of 7811

LOL

gavdfc - 05 Oct 2004 12:56 - 537 of 7811

Happy people here today!! Cracking days rise on the back of 1 drilling update. Think what the next few months will bring with the weekly drilling updates for Mauritania alone. Exciting times lie ahead!

proptrade - 05 Oct 2004 12:57 - 538 of 7811

excuse my massive ignorance - LOL?

seawallwalker - 05 Oct 2004 12:59 - 539 of 7811

Laughs out loud.

Csps means very loud :-)
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