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STERLING ENERGY big buyers about... (SEY)     

proptrade - 14 Jun 2004 11:58

anyone got any ideas about the block trades that went through today?

website: http://www.sterlingenergyplc.com/

graph.php?movingAverageString=%2C50%2C20

weather: www.nhc.noaa.gov/refresh/graphics_at4+shtml/084938.shtml?50wind120

seawallwalker - 06 Jul 2007 17:49 - 6896 of 7811

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?

cynic - 06 Jul 2007 19:44 - 6897 of 7811

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

seawallwalker - 07 Jul 2007 08:27 - 6898 of 7811

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

cynic - 07 Jul 2007 17:57 - 6899 of 7811

pulling your leg ... lol!

seawallwalker - 08 Jul 2007 11:17 - 6900 of 7811

May have been if I held!

Glad I managed to stay out.

seawallwalker - 11 Jul 2007 08:20 - 6901 of 7811

Mauritania

The first Chinguetti field (Tullow 19.01%) infill well, C-18, came on production
on 14 March 2007. This well has produced steadily averaging around 4,000 bopd.
Chinguetti gross field production for the first half of 2007 averaged 17,000
bopd, however following a recent two day shutdown of the field, production is
currently around 12,000 bopd due to gas lift problems. Operations are under way
to restore production to pre-shutdown rates.

A 3D and 4D seismic survey of the Chinguetti field was conducted in March 2007
to establish better subsurface definition of the field and to examine the effect
of fluid behaviour within the reservoir since the start of production. This
will allow optimal location of further infill wells which are now planned for
early 2008. This was followed by a 3D survey of the nearby Tiof field (Tullow
21.6%) to gain improved subsurface definition as input to feasibility planning
for the field.


From Tullows trading statement

Tiof is by no means certain it seems.........

seawallwalker - 25 Jul 2007 12:38 - 6902 of 7811

AGM Statement

Nothing we did not know, but my figures on the back of a fag packet say the should make $92million USD based on 50 per barrel, and of course the price is averaging much more than that. X rate = $2.06 currently/1, thats gross not net.

Now, how much debt have they got?

seawallwalker - 25 Jul 2007 23:21 - 6903 of 7811

No response.

The Market does not seem too impressed either, another one that has me wondering why apart from what I know of course.

And what I know you do.

Dr Square - 26 Jul 2007 00:02 - 6904 of 7811

High SWW

Its much unloved LOL, I will wake up on this one one day and it will be blue.

its in the still back waters and needs something to catch the markets attention. shall we shout together??

Anyway bottom draw and back to TLW and ROC & the ever faithfull JKX

regards

seawallwalker - 26 Jul 2007 08:14 - 6905 of 7811

I'm off ROC but still on Tullow.

I still have a much slimmed down priofolio since May last year.

I sleep better!

seawallwalker - 26 Jul 2007 12:20 - 6906 of 7811

Chart.aspx?Provider=EODIntra&Code=SEY&Si

Going to the next support level at 12.33 pence?

I'll be surprised if it does however 14.5p is broken intraday.

Dr Square - 26 Jul 2007 12:27 - 6907 of 7811

Ouch

big offload or shorted to death. This will rattle a few.

Regards

seawallwalker - 26 Jul 2007 12:39 - 6908 of 7811

Hello Dear Fellow.

Dont know why this is happening, looking at the AT trades the bots have it in their grasp.

seawallwalker - 26 Jul 2007 13:58 - 6909 of 7811

Dire across the board then with a few exceptions.

TANKER - 27 Jul 2007 14:30 - 6910 of 7811

not one of the board as put any amount of there own money into this company .that about sums it up.

cynic - 27 Jul 2007 14:40 - 6911 of 7811

more sense! ...... sorry, lol!

capetown - 27 Jul 2007 14:45 - 6912 of 7811

Cynic,sorry to be off topic,CEN,yes or NON?,PLEASE.

TANKER - 27 Jul 2007 14:48 - 6913 of 7811

this is the only company i hold were the ceo as not bought shares withis own money and i don't mean a couple thousands .why will they not invest there own money . well i say there own money salarythat they have had for nothing,so he doesnot think much of it.

optomistic - 27 Jul 2007 14:59 - 6914 of 7811

:

optomistic - 27 Jul 2007 15:10 - 6915 of 7811

Directors shareholdings:

Name Amount % Holding
Harry George Wilson 28,120,092 1.795
Graeme Paul Thomson 15,595,510 0.996
Andrew Grosse 5,650,473 0.361
Richard Dick Stabbins 4,474,272 0.286 PeterKellaway Wilde 620,000 0.040
Paul Michael Griggs 300,000 0.019
Christopher Alan Callaway 200,000 0.013
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