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

Thought I might sell a few mil to gee-up the environs a bit. Has it worked yet?

Nam

Hectorp didn`t now you posted over here, Thought i`d post over here for a change as it had become quite on the thread.

The second development thing will post on the other board as well. I don`t know myself searching for information. But on page 23 I believe, of Hardmans recent agm statement future operations Big Black box with Ching phase 2 September 2006

http://www.hdr.com.au/documents/news/00374_ASX_285896_24_November_2005_Annual_Gernal_Meeting_Presentation.pdf

Now Hardman have already said chings maximum output will last for 2 years no need to drill anymore wells. The Berge Helene only has capacity for 75,000 barrels per day I believe would welcome being corrected. So the only thing i can think of is a tie back? Either Tevet or Lebeidna,. Now we know these can be tied back would the time scale be about right for maintance schedules on ching say on wells that had been in production for a year?

But anyones answer would be as good as mine.

regards

Dr Square,

Well a nice rise today, and Hardman fell, so maybe some good SEY related news on the way, unconnected to Chinguetti?

A nice finish to the week.

Dr Square, Andy,
I dont usually post here but there is a decent thread so I'll start looking in once a week or so. I think a lot more peple are using Money-AM I like to monitor my portfolios in here.
have a good weekend
H.

Hectorp,

Good to see you here, MAM has less posts but they are generally more focussed and on topic than over the road, and they don't tolerate personal abuse here.

Do you have any ideas what caused the increase on Friday?

RNS from Forum this morning, declaration of commerciallity on the Libertad gas field.

"Forum Energy, the UK energy group with gas, oil and coal assets in the
Philippines, together with the Department of Energy in the Philippines, today
declared commercial the Libertad gas field on the island of Cebu.

The Company is currently in discussions to utilise the gas for local electricity
generation, in line with a Philippine government directive to increase the use
of natural gas, and expects to generate up to 2 MW of electricity from the gas
produced.

Generation is expected to commence next year following a $2.5 million
development programme of the field and generation units."

http://www.companyannouncements.net/cgi-bin/articles/200511300700438757U.html

If anyone's interested, new research note from Edison's on FEP from the 28th Nov on their website.

http://www.forumenergyplc.com/downloads/Forum251105v3.pdf

Off topic
===========

Any FOGL holders here?

If so, please see my post on the FOGL thread.

Harrys on the prowl?

http://www.rigzone.com/t.asp?l=419362&m=238207

regards

Doc,

Good find, cheers.

wow, 3 pages back.....all i did was go to NY for a few days!

ehats up with these?

rgds
PT

SETS trading as of today.

ORM just got re-rated

Ormonde Mining La Zarza Results Bolster

Monday, December 05, 2005

0904 GMT [Dow Jones] Ormonde Mining's (ORM.DB) results from La Zarza in southern Spain should support the stock, says Seymour Pierce. "We view this as a further positive step on the path to the development of La Zarza, and reiterate our buy recommendation on Ormonde with a 24p target price." Trades +3.7% at 9.9p. (DWE)

?

Nam

5% off thus far. Comments?

Nam

Down nearly 6% on low volume...

Down nearly 6% on low volume...

is it down 6% on low volume?

Up with HNR / DNX today. Nice little bounce from yesterday. My broker wouldn't quote me late yeaterday for SEY at any volume, so couldn't top-up again. Spoilsports. Was in at 16.38p though earlier. Timing good again. Things are looking up.

Happy hunting.

Nam

If they acheive everything, as planned in their update today, it should pass 50p next year ... IMO
http://moneyam.uk-wire.com/cgi-bin/articles/200512070700222456V.html

Well, we were asking for an update from the company and now we have one. To my untutored eye it looks excellent, but interestingly we have had a couple of very large transactions go through the market this morning - over 13 million shares dumped at 16p following which the bid has moved up to 16.75p. Somebody please try to convince me that these things are not pre-arranged (rigged?) or an I just a hopeless conspiracy theorist. Smells to me as though the share price was run down to clear out a distressed seller.
Still holding in the hope and expectation of great things to come.