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

Lets keep focused here please.

We don't know for sure what the excitement is all about.

We will evenually know, but for now, things are still looking very rosey in our garden, and lunch time is approaching fast.

Enjoy the days glow people!!

NOW A FACT...............SHOULD DO WELL TODAY

Sterling Energy PLC
25 October 2004



Sterling Energy plc ('Sterling' or the 'Company')


Statement re. Press Speculation



The Board of Sterling notes yesterday's press speculation about a possible
substantial transaction and the Company's share price movement today. It
confirms that it is in advanced discussions concerning an investment in West
Africa.


A further announcement will be made when appropriate.


Enquiries:


Rob Collins, Evolution Securities Limited:
020 7071 4300

Allan Piper, First City Financial Public Relations:
020 7436 7486


This information is provided by RNS
The company news service from the London Stock Exchange

morning....you heard about JFK?

2m more buys than sells currently. Where do the MM's get their stock from when this kind of thing happens I wonder?

Doubled first thing and hoping for great things.

Good luck all.

CP

stock comes from the box (ie they have to be able to borrow or have access through permissioned client accounts or stock borrow). typically with the big firms a nice liquid stock like SEY is no problem. The MM should be comfortable in a few million long or short. obviously with news in the offing they may walk the stock up a little more to flush out a few sellers.

Love all the dirty talk today.

Just a first time lurker here,is there room to sit and watch .

Dave......... always welcome.

What you got for dinner????

We're alright now guys and gals............

daves dazzlers is taking an interest!!!

Money in the bank ;-))

welcome Dave....if you weren't aware this thread has a gastronomic angle as well. we serve SEY advice with a side dish of dripping or toad in the hole depending on the chef present.

Oooo, that came out big!!

I wonder what all the spiders are doing on the page?

Thanks all,i have no position at the moment but i like the look of this one .I would like to buy at around 15 pence,,so to much at the moment for me,but you never know.
As for food wise,johnwest salmon on whole grain bread.
This is on my short list of 5,next investments.

SWW, we know u only deal in size!

LOL

dave, that was my gambit for EZJ and look where that got me!

18p would be nice but I think thatmay have gone for some time, may be forever.

I will let you know if the bottom range is approached again and what it is give or take........

Why is John West on you shortlist of next 5 investments?

Something to do with red or pink??

Or do you mean the bread?

Take it from the trades there may be a shortage of this stock, (and i do not mean it is running out), see the sell price?

Methinks the shake is going on to make more available you were talking about earlier proptrade.

Nice 1 sw red of course,pink is for the girls.
I will pop by every day,,to see where we are,good luck all.

DD

15p - in your dreams mate - those levels are gone for good - may be a small pullback to 18p but unlikely to go lower with the constant stream of positive newsflow

afternoon fundy,email is on its way.

Welcome to the thread Dave. Snippet from Bloomberg.com:

"Sterling Energy Plc (SEY LN) rose 1.75 pence, or 9.5 percent, to 20.25 pence. The oil and gas explorer said it's in ``advanced'' talks about a West African investment."

I like the part about advanced talks. The part about the investment is interesting as we don't know what type of investment. More acreage, drilling on our own or an acquisition. Since the RNS stated "West African Investment", an acquisition of a company would have to be of a company with strong West African assets would it not? How about Roc oil, just a thought.

The link below shows Roc's Mauritanian assets -


http://www.rocoil.com.au/Pages/World_Map/Mauritania/mauritania.html

Also Roc's Angolan assets -

http://www.rocoil.com.au/Pages/World_Map/Angola/angola.html

And in Equatoria Guinea -

http://www.rocoil.com.au/Pages/World_Map/Equatorial_Guinea/equatorial-guinea.html

Of course, all of this is just some thoughts of mine, who knows what could happen!