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

Wait.

Soon.

Maybe today, maybe now may be tomorrow.

My Missus says I have crystal balls, but don't believe all she says.

Sterling Energy PLC (the 'Company')

Holding in Company

The Company received a notification on 21 May 2007 that as of 18 May 2007 Royal
Bank of Scotland Plc, as Trustee of the Merrill Lynch UK Special Situations
Fund, had an interest in 49,056,250 ordinary shares of 1p each in the Company
('Ordinary Shares'). This interest represents approximately 3.13 per cent. of
the issued ordinary share capital of the Company, being 1,566,200,558 Ordinary
Shares.

anything going on here of late?

I think something positive might be going on here - at last.

Some positive news for a change:

Sterling Energy announces that petrophysical analysis indicates that multiple pay horizons have been encountered in the Brown1 well ('Thunder Stud') in south Louisiana, for which it is operator (15.0 % WI, 10.8% NRI).

Sterling also announces an increase in its US bank facilities and that an updated Group presentation is available on its website (www.sterlingenergyplc.co.uk) in advance of a planned series of institutional presentations.

The Brown1 reached its target depth of c17,900 feet, was logged and a 5-1/2' production liner has been set. A series of production tests on these zones are planned for later in the year when equipment is available. All new information, including from the testing, will need to be evaluated and incorporated into Sterling's geological interpretation, following which the commercial potential of the well and of the whole project will become clearer.

Sterling's US bank facilities have also been increased by $6.8 million to a total of $61.5 million. This is principally as a result of the successful onshore drilling by the former Whittier company since the start of the year. These facilities are secured against the Whittier assets, which were acquired in late March 2007. Currently, Sterling has Group cash balances of c$37 million and undrawn bank facilities of c$19 million.

Harry Wilson, CEO of Sterling said 'We are very pleased with the initial results of the Whittier deal and the drilling in the US so far this year. Our strengthened team there has the ability to deliver consistent production and reserve increases through drilling and acquisition. Our growing cash flow should help to unlock and expand the upside potential in our international portfolio.'

No sign of the geological cross section of Thunderstud in the presentation on the web site, but yes it's fairly upbeat.

Madagascar looks extremely interesting.

No rush to get in for that however, lots can happen yet either way.

More debt available if they need it, I hope not, but you never know.

Agreed on all fronts SWW but good to know others are prepared to pump in the cash if needs be.

Today news will hopefully help sp to break the terrible trend for the past few months, and is now close to breaking the 200dma which could prove crucial for the sp. I may have a punt when this happens. I cant believe a year on the sp is still lower than it was this time last year. Good luck to all holders, its all looking postive for a change. (its been a long time coming for you long termers!)

The sp will not hold here short term imo.

It's the wait for TS that will do the damage meanwhile Ching needs to get much better sooner.

What a difffrence a year made?

New article at oilbarrel.com

http://www.oilbarrel.com/news/article.html?body=1&key=oilbarrel_en:1181702098&feed=oilbarrel_en

starting to look a lot better a new beginning,

false dawn again this company needs a ceo with some vigor this one is dead and they have not buried him

it looks like thunder stud is a dud.just like the management .there does not even look like jam tomorrow ;

well we are now in july and still no news ,what aload of crap this management team are,

What news are you expecting?

None due as far as I can see, except maybe Kurdistan, but that is at least a couple of weeks away if all goes well.

Something very fishy going on with the Friday afternoon trades.

Loads of around 2000 trades as AT and O the latter disguised I suspect, the result a sharp fall near the end, and an N trade (Non Protected Portfolio. This is normally a transaction of a number of stocks dealt with by one market maker at an agreed discount to the market price).

What's afoot I wonder?

it's the thing attached to your ankle about 30cm long

cynic i dont hold here..........

pulling your leg ... lol!

May have been if I held!

Glad I managed to stay out.