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

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!

Many thanks gavdfc, and good luck to all.

dd

have replied to your email

nearly 1000 posts and more joining then team by the day!

proptrade- about ROC; they were due to publish a trading statement on the 19th October but nothing appeared.

I was looking for it and have done since because I was eyeing them up with a view to buying in.

They have dropped a few fractions since I took notice, but I wanted a bit more off before going in.

If I were to try to see from your point of view, the trading statement may have been with held while negotiations werte coming to a head?

Or am I over doing the fanciful thinking??

I've got to say that I'm a bit disappointed today. Everyone's been talking boring shares and investments ........ not a single mention of food.

:o(

Team SEY is growing in more ways than one!

Can't get a quote for ROC, broker won't accept it??

especially after my fat-boy lunch....

i gotta be the one to post the 1000th post for SEY...yet another milestone in the life of team SEY...

I would like a nice bit of ROC..........

and chips for dinner.

Alas the Chippie is closed today.

Congratulations proptrade on a milestone.

Have to have a big pan full of mash instead.

Now answer the comments...............

SWW - epic for Roc Oil is ROC. Came to AIM on 6/9/04.

http://www.uk-wire.com/cgi-bin/articles/200409060756366289C.html

well i think anything is possible re ROC but i have to think that this investment may have an oil major tie up connection. just a gut feel and i may be (and often am) wrong.

No change, no quote, they say phone deal only and I am not that despartate.

It is about to tick up I think..........(SEY)

Interesting thoughts Prop. I was only thinking out aloud. Here's to the next 1000 posts!

For what it's worth prop, I think your hunch may be a very good one.

It'll go bang if they don't let the price go up................

1/4p spread??

I do not think so!