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

Also, from page 8 of their 2006 interim presentation (link below, PDF file Sept 06) they have an active Q4 06 on the drilling front with 1 well in process as of now.

http://www.sterlingenergyplc.com/common/downloads/InterimresultsSep2006.pdf

Green line is 200 dma
Red line is 25 dma

Shares are still a long long way down from their peak of 32 back in May.
Potential investors need to take a view as to whether current enthusiasm is well founded or if it is just the lemmings getting on board.

For myself, am moderately tempted but would then want to dump another minnow oily to avoid getting overweight in that sector - i.e. GOO or VOG or CHP (also hold BUR and TLW of the heavyweights)

PapalPower,

Yes they are currently drilling in Louisianna, and they have two or three more wells to spud before year end.

Wow, a chart, Cynic (or at least the part of it you chose to show) - that's clever!

PapalPower,

Page 8 of this presentation shows the GOM drill programme for 2006/7.

Click HERE

Thanks Andy.

rarely find much point in showing charts stretching back more than 3/6 months or occasionally 1 year, as for me at least, it's usually a trend I am looking for ...... not remotely clever or informed enough to get into chart esoterics

could this be the start of an upward trend,winter coming, crude production limited by opec further cuts in the offing?, will price begin to rise again. Drilling program updates due over next 3-4 months? Interesting time ahead, Do a chart for one month next time cynic :-)

Do a chart for next month. LOL

perhaps i'll construct one, logging in as Sceptic or even Septic Sam .... lol!

I am not convinced that this sort of minnow is especially affected by crude prices .... It is the news or even lack of it that will propel sp

Interesting trade just went through. 19p on the bid yet 18p on the offer. Go figure!

the squelch would prevent this being seen..

cynic - 05 Oct 2006 18:35 - 6401 of 6413
Andy .... if u can read this, don't be so sensitive .... it really isn't that insulting for some of my best friends read both the Daily and Subnday Sport!

the squelch would prevent this being seen..

cynic - 05 Oct 2006 18:35 - 6401 of 6413
Andy .... if u can read this, don't be so sensitive .... it really isn't that insulting for some of my best friends read both the Daily and Subnday Sport!

the squelch would prevent this being seen..

cynic - 05 Oct 2006 18:35 - 6401 of 6413
Andy .... if u can read this, don't be so sensitive .... it really isn't that insulting for some of my best friends read both the Daily and Subnday Sport!

Got the hickcups st?

SWW!,

LOL!

Maybe just wanted the message to be seen?

Anyway it worked.


Cynic, ok fair enough, thanks for taking the trouble to post that, it's appreciated, my squelch list has been reduced to two again!

Good weekend to all!

thanks Andy - lol!

Good to see we are all mates again... now lets talk about shares... ;-)

You're all heart, Tonker, just when we were getting to the mushy bit!

This comment appeared in The Business a few days ago;


Of the Aim-listed companies in Africa, Sterling, Equator Petroleum, and Bowleven are targets.

Stockbroker Hargreave Hale, which advises a group of Sterlings shareholders, has been touting the company to potential buyers, as has Bowlevens broker Noble. The aggressive US funds which predominate in Equators shareholder base are known to be looking for a quick exit. Roc Oil could also see itself being acquired.

http://www.thebusinessonline.com/Stories.aspx?Hardman%20acquisition%20leaves%20gossip%20mongers%20all%20a%20flutter&StoryID=993DA3BF-7A31-43CE-AE3F-F3478508418A&SectionID=8099C021-87B0-48CA-A5F1-6335FDE21694



We may be closer to a takeover scenario than we think!