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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 Oct 2005 15:35 - 5061 of 7811

I could but hope prop!

Quite clear to me that a fraction of a penny won't make much difference in the long run .

Amazing day.

seawallwalker - 06 Oct 2005 15:39 - 5062 of 7811

Just goes to show..........

Someone just bought 10k at 19.12p.

proptrade - 06 Oct 2005 15:54 - 5063 of 7811

i was looking at RIO this morning thinking something was wrong...bid target and was trading at 2158. did i buy, no...i hesitated. what a shame! a quid higher now!

seawallwalker - 06 Oct 2005 15:58 - 5064 of 7811

He who hesitates..............

Mind you can also save some cash, it can be a two way street.

proptrade - 06 Oct 2005 16:03 - 5065 of 7811

i feel like you should tack on to the above...."young skywalker" and it sound like a wise proverb!

proptrade - 06 Oct 2005 16:03 - 5066 of 7811

Mind you can also save some cash, it can be a two way street, young skywalker

seawallwalker - 06 Oct 2005 16:10 - 5067 of 7811

Here is a nice post from Blue Max on advfn................

It backs up all I haver gfound out about rigs in the Gulf.

"Blue_Max - 6 Oct'05 - 16:06 - 7469 of 7471


No Damage from Hurricanes

Today I spoke to someone very close to SEY.

He informed me that all Sterling interests completely escaped both hurricanes.

He also feel that current stagnation in SP is due to market conditions, it is not dropping like many other junior oil companies such as Dana and that the situation is temporary.

He remain very positive about the prospects of Sterling Energy."

So go buy some more.

"The early bird gathers no moths young skywalker."

gavdfc - 06 Oct 2005 19:12 - 5068 of 7811

Not been the greatest few days for me, much like all else here I would imagine. No doubt some shorters are having a field day accross a variety of oils just now.

proptrade - 07 Oct 2005 10:09 - 5069 of 7811

but those shorters were never short at the top and are making some back that they have lost....

my view from here is that we bounce next week...October jitters may persist though and non farms today will hopefully see the mkt rally

goal - 11 Oct 2005 16:05 - 5070 of 7811

I've had better days

seawallwalker - 11 Oct 2005 16:23 - 5071 of 7811

I've had worse.

This walk down either soemthing in the background............. or a tremendous top up opportunity.

Can't decide which.

Lots of retail sells it seems but still not amounting to much.

goal - 11 Oct 2005 16:37 - 5072 of 7811

I'm going to be positive... tremendous top up opportunity.

seawallwalker - 11 Oct 2005 20:21 - 5073 of 7811

yes

seawallwalker - 12 Oct 2005 07:09 - 5074 of 7811

Taken as a lift from TMF

Hello everybody:
In 30 years of field drilling experience in Utah, USA, I have NEVER seen a kick that destroyed the hole to be anything but high pressured gas. Only gas, with it's low bulk modulus, has the energy to do such damage....not oil, and not water.
Gas would likely be methane, but who knows, that deep and that old.
It would appear to me that this is what happened, and the Operator cemented the hole (and the lower drillstring with it) back up into the the nine inch casing in order to save the well from a likely catastophic blowout.
Large gas blowouts can easily sink the drillship.
Wonder what weight mud they'll be using for the redrill to hold that pressure through that kicking section? Wonder if the current well will be able to hold that much hydrostatic pressure, or if they'll have to run another, unplanned casing string on top of that blowout formation in order to hold the pressure???
I am sure that THESE are the questions that are bothering Woodie this week...he already knows what he has, plus some of that kick either had to be seen by the MWD equipment or actually have been circulated out of the hole and been seen at the surface.
Comments, anyone?!

Rumplesnort (still a believer and non-seller of HDR-ASX stock)
Utah, USA


This is the second oily that has said a similar thing about the well kick. Any sellers may just have shot themselves in the foot.

As usual, I make the usual disclaimers...........

stockdog - 12 Oct 2005 07:45 - 5075 of 7811

Nice one SWW. Do you agree with the suggestion that, if the cause of the kick is proved correct, it will be technically extractable and commerically valuable?

sd (still a believer and non-seller of SEY.LSE)

seawallwalker - 12 Oct 2005 07:56 - 5076 of 7811

Do I agree?

Hmm, more like live in hope.

Even small farts can make a loud noise...........

I'll leave all the experienced knowledge to the experienced who know what they are talking about.

I may have thought what has been said, but lack the experience to say it out loud.

stockdog - 12 Oct 2005 07:59 - 5077 of 7811

Fair enough.

BTW I always suspected the so-called butterfly effect was in reality a fart from the other side of the world.

sd

seawallwalker - 12 Oct 2005 08:00 - 5078 of 7811

lol

proptrade - 12 Oct 2005 13:35 - 5079 of 7811

morning. i feel a bounce coming on!

seawallwalker - 12 Oct 2005 14:16 - 5080 of 7811

Prop if Tevet 2 comes in it will bounce through the roof depending on how much and how to exteact it of course.

Yes, so do I.
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