Sterling Energy Share Discussion Threads

[puffin1] 12/4/2013 13:08

Have the Directors passed away or are they just on a long holiday at our expense ? Some sign of life would be good in the near future ? PLEASE !

[devil20] 09/4/2013 10:00

Only a tad tho. If they're buying still they'll want the share price as low as poss.

[rrr] 09/4/2013 09:48

Yet the share price falls..

[888icb] 09/4/2013 09:28

I suppose its positive that someone wants the shares. Lets hope they know something we dont and some positive news is on the way.

[devil20] 09/4/2013 09:22

So SOYUZ have taken up some more shares...wonder what the game plan is.

[bobby ewing] 03/4/2013 17:21

.............. Cccv

[tarquin de ville] 27/3/2013 12:11

BE

I see you still posess all the charm of an unflushed toilet.

[storming norm] 27/3/2013 08:45

Surfer2
Problem is that until the boundary dispute between Cameroon & E.Guinea is resolved there can be no progress.

[surfer2] 27/3/2013 04:39

Sey have 50% JV with Murphy Oil in a large block on trend with Bowleven and Nobles Cameroon blocks both of which have multiple large discoveries. 95% chance of finding significant liquid hydrocarbons there imo.

excerpt from the recent results

"In Cameroon, Sterling has conducted detailed interpretation of the reprocessed 3D seismic, completed in 2011, increasing the Company's confidence in the prospects previously identified within the licence area. A stacked series of submarine fans, each having, in the Company's best estimate, gross un-risked prospective recoverable resources of several hundred million barrels of oil, may offer the potential for multiple targets to be intersected by the first exploration well. "

[devil20] 21/3/2013 13:42

T d v. Wot a brill financial adviser u are! Oim off to the pub now! lol

[puffin1] 21/3/2013 10:16

YAWN , Is anybody lurking in the SEY office ? Is there any news ? Has anybody been to work ? Will anybody go to work for the money we long suffering share holders are paying you ?

[devil20] 18/3/2013 11:25

SEY drives us to drink, hence the 'cask'! lol

[donaferentes] 18/3/2013 11:20

"cask rich" you say. So still not "barrel rich" then!

[excellance] 18/3/2013 11:19

In the event of any commercial development of existing or future discoveries within the PSC-A, PSC-B and C-10 contract areas, Sterling will be entitled to revenue, but will not have any cost obligations, under its royalty interest agreements with Premier Oil.

In November 2012, the Banda field, located in PSC-A and operated by Tullow Oil Plc, was declared commercial and it is planned that the field will supply gas to a new local power station, subject to completion of a Gas Sales Agreement.

Tullow Oil Plc plans to drill an exploration well in the C-10 contract area in the second half of 2013.