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

austing2253,

Apparently there are (currently) NO security issues in Iraqi Kurdistan, nor have there been since the US led invasion.

It seems that this area has been maintained as secure, and I have not read anyhting to suggest it will not continue to be so.

All the killing and mayhem is based around the baghdad and Basra areas I believe.

Geographical Information




The area of Iraqi Kurdistan is approximately 80.000-km sq. thus it forms 18 % of the total area of Iraq (about 435.000-km sq.)

Iraqi Kurdistan is comprised of the six governorates of Arbil, Sulaimania, Dokuk, Kirkuk, parts of Dyala and Nineva.

Kurdistan is a mountainous area with many fertile plains, of cold winters and moderate summers. Hard won passes and narrow sloping valleys with hundreds of rivers and streams flowing deep in the bottom. In summer, the heat is intense, especially in the valleys and plains. In winter, the cold is penetrating and bitter.



Kurdistan Regional Government website - CLICK HERE

Thanks Andy. FYI there is a section in the Times business section about the granting of exploration rights in Kurdistan today (Saturday), but no mention of SEY. Nice post above. Thanx.

Gerry

Incidentally I do know a little about the region as my daughter is married to a Kurd and I have travelled the middle east, including Baghdad, but this was between the wars.

The gulf wars, that is, not the two world wars...

Austing2253,

Thanks, I will buy today's Times and have a read.

Good that you have experience of the region, and presumably you recieve news from there too?

IYO is the security situation there as good as we are being led to believe?

Yes, they went for Xmas and new year. It is like another world. His family live in Ranay. The international airport in Arbil has just opened and there seems to be no problems at all. However there have been bombings in Mosul and Kirkuk.

I don't know how foreign workers will be accepted. The Baghdad Government is none too happy with the Kurds issuing exploration licenses to anyone, indeed they believe they do not have authority to do so. We will have to see what develops.

I believe SEY has plenty going for it without Kurdistan, that would really be the icing on the cake...

I topped up a while ago at .28p but as I hold for the long term I am unconcerned with recent SP falls. I am looking forward to retirement in a few years time.

HI EVERYONE
I AM A LITTLE FISH IN BIG WATERS BUT I CAN SWIM IN DEEP WATERS.
ANGLO-CANADIAN OIL AND GAS EXPLORATION COMPANY PANOCEAN ENERGY CORPORATION HAS HIRED INVESTMENT BANK ROTHSCHILD TO SELL ITS AFRICAN SUBSIDIARY FOR UP TO 544MILLION. INDIAN OIL COMPANY ONGC AND UK EXPLORER sterling energy ARE BELIEVED TO BE IN THE RUNNING TO ACQUIRE PAN AFRICAN ENERGY CORPORATION MAURITIUS WHICH THE COMPANY HAS CONFIRMED IT IS IN TALKS TO SELL. PANAFRICAN'S FACILITIES IN GABON, WEST AFRICA REPRESENT PANOCEAN'S ENTIRE EXPLORATION AND PRODUCTION CAPABILITIES, SINCE THE SPIN-OUT OF ITS NATURAL GAS ASSETS IN TANZANIA IN AUGUST 2004. A COMPANY SPOKESMAN SAID: "PANOCEAN CONFIRMS THAT IT HAS HAD PRELIMINARY DISCUSSIONS WITH PARTIES IN RESPECT OF POTENTIAL TRANSACTIONS THAT COULD LEAD TO A SALE OF THE COMPANY'S SHARES IN ITS SUBSIDIARY, PANAFRICAN ENERGY CORPORATION MAURITIUS. (source: sunday express dated 16/07/06). LITTLE FISH IN BIG WATERS SAYS: FISH CAN FLY. REMEMBER: IN ORDER TO WIN YOU MUST BE PREPARE TO LOSE. THIS IS WHAT MY GRAND MOTHER ALWAYS SAYS.

georgetrio,

Many thanks for posting that, and annoyed I didn't buy the Sunday Express yesterday now!

12 JUly 2006

Pan-Ocean in Discussions Regarding Sale of Shares of Subsidiary

St. Helier, Jersey Pan-Ocean Energy Corporation Limited (Pan-Ocean or the Company) confirms that it has had preliminary discussions with parties in respect of potential transactions that could lead to a sale of the Companys shares in its subsidiary, PanAfrican Energy Corporation Mauritius, which conducts business in Gabon. These discussions are part of Pan-Oceans ongoing commitment to enhance value for all shareholders, and there can be no assurances that any transaction will occur. The Company will update the market as circumstances warrant.

Pan-Ocean is an international energy company engaged in the exploration, production and marketing of oil and natural gas. Pan-Ocean's asset portfolio is focused on conventional light oil production in Gabon, West Africa. Pan-Ocean's Class B Subordinate Voting Shares and Class A Common Shares are listed for trading on the Toronto Stock Exchange under the symbols POC.B and POC.A, respectively. Pan-Ocean has 24,767,078 Class A and Class B Shares outstanding. The Toronto Stock Exchange neither approves nor disapproves the information contained in this news release. For further information on Pan-Ocean, please visit the Companys web site at www.panoceanenergy.com.

For further information please contact:
Robert S. Wynne, CFO
+44 (0)1534 700906
+1 (403) 705-0304
rwynne@panoceanenergy.com
www.panoceanenergy.com


Source : http://www.panoceanenergy.com/investors/2006/2006_12_july.html

WELL DONE ANDY

JUST BOUGHT FEW MORE TODAY. KEEP MY EYES WIDE OPEN, LOOKING FORWARD FOR THIS LITTLE FISH IN BIG WATERS TO GROW FAST. MY GRAND MOTHER WILL BE HAPPY IN OTHER WORLD. NICE DAY TO ALL

georgetrio - good work, is there a chance you could find a link for your item or tell us where you saw it please?

sunday express dated 16/07/06 not available online but i am going to paper shop to see if i can get a copy of yesterdays paper ( see it to believe it you know )

Should be half price as it's old news!

HI EVERYONE
THIS IS THE LITTLE FISH IN BIG WATERS, HOPE YOU ALL HAVE A NICE DAY, TO GET THE SUNDAY EXPRESS DATED 16/07/06 PLEASE CHECK WITH YOUR LOCAL LIBRARY (NEWS PAPERS ARCHIVES). SHOULD NOT BE A PROBLEM.

georgetrio,
You are being read, no need for you to 'shout' :-)

Plummeting - what's up?

I reckon a bid is imminent for Pan Ocean Energy?

That'll cost a lot

544million plus..........

I wonder how much cash they have currently?

This will be a fantastic buying opportunity if that is what it is.