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

Fido,
The Chinese have big onshore interests in Mauritania. I see them as rivals to SEY for government affections!

Pond Life,
The Chinese are securing resources throughout the world because they know thats where future supplies lie with the big producers at or near peak and are themselves investing elsewhere. Take a look at Iran where they are investing $600m in Indonesia. The point is that with easy sources unable to cope with demand and possibly near peak, the hunt for oil has gone global. The cost will be born by high oil prices, and thats going to wonders for Sterlings profits and increase the value of their assets and may also make them a bid target in the round of consolidation that our chairman talks about.

Another slow painfull day................lol!

Take a look at Iran where they are investing $600m in Indonesia.

Interesting sense of geography, Fido!

A N Other Dog

Yup, Andy,
If it gets any slower you'll have to start drafting your retirement letter. LOL

lol@pond

he will only invest his pension in sey

Disappointing end to the day - only up .25 on the bid.

Stockdog, pondy,


LOL!

Pond life

you might be interested in the following

The Chinese are landing

Wonder what the technical reasons are?

regards

dr the chinese have a cpl of land license's here so might be about to announce somit

i e sey can take us over if they want says chinese minister

roflmao

deadfred

Yep Bukhara are due to spud soon partner is Chinese.

But I was more alluding to the fact that Oil from Ching currently is going to China at a discount of between $4-$5 I was wondering if a deal for exclusive rights to the oil may be being done. Maybe my warped thinking.

Time will tell.

Regards

Dr. Square, I thought Bukhara was a Black Rock prospect ??

LOL :-))))))))))))))))

Fair cop. Just trying some indirect ramping.

What I ment to say before I got my pants pulled down thanks for that soul. Was Baraka oil. Not Bukhara.

Deadfred

Do you think Harry will waste his time on the small fry as in CNOOC. Esso or Exxon now you would be talking.

Regards

Dr Square - nightmare !! - never mind - LOL !! An announcemnt must be due soon from that Colombia tiddler, though, eh? Clearly a Freudian slip on your part . . .

dr if the chinese are trying to get a fixec price then i belive they will be snookered by the oil companies or be locked in at over $65-70 bucks a barrel as i can see new records being set for a barrel price in the not to distant future

as for sey i think the gov might even ask them what they think

lets face it if youve done work with a comp and they aint ripped you off you tend to go back dont you

sey is such a company in the gov eyes were ching is involved

From MF,

SEY has a mention here, re the new Kurdish exploration licence.

Click HERE

What do you of the share price behaviour this week, do you think it could have gone better if it wasn't for the last two days of big falls in the stock market? It was trying test the 33p mark a few times, however the volume of trade is increasing all the time which must be a good sign??

Excellent performance R88AVE.........compared to some of my other holdings LOL,
Well you must keep cheerful :-)
On a serious note it was thought SEY had tremendous prospects at the beginning of last week, no reason to think that has changed at the end of the week.
Young company, huge potential, I'm happy to hold.
opto

I agree - a great performance. If you look at the intraday prices for Friday SEY was at 32p bid right up until late in the day. It only fell away right at the death. Providing the market doesn't tank again next week we could see the highs regained quickly. Far too early to think of taking profits.

I too see no reason to change my opinion of 6th May!