Sterling Energy Share Discussion Threads

[puffin1] 05/1/2014 14:03

Anybody care to guess when we could see some action on a Drill ?

[septimus quaid] 20/12/2013 10:38

£477 worth of share sales knocks £3m off Sterling's market capitalisation.

Suppose that's small caps for you.

[odvod] 11/12/2013 14:35

ta buy imvho

[finjam] 06/12/2013 12:40

another oil company issueing share options to the directors in a company that has under performed over the last three years ,no options should be considdered untill the share price exceeds one pound.

[finjam] 29/11/2013 08:36

does any one know if nickolas clayton is a full time employee of our company.

[septimus quaid] 25/11/2013 18:35

Not a single trade today?

[7stock] 18/11/2013 22:37

hxxp://www.sharesmagazine.co.uk/articles/plays-update-sterling-energy

Anyone got access to the full article?

[puffin1] 13/11/2013 16:26

Why the Tumble in price today ? yes i know it is SEY but ?

[wbodger] 11/11/2013 00:33

This page from Jacka Resources shows where the Odewayne Block is:
hxxp://www.jackaresources.com.au/index.php?option=com_content&view=article&id=17&Itemid=19

Also here's an interview about the politics:
hxxp://www.ibtimes.com/somaliland-oil-minister-breakaway-region-basket-case-somalia-says-east-africa-new-middle-east

This should be a really interesting end to the year. With so much controlled by Waterford and Soyuzneftegaz, I can't see SEY remaining public for long.

[puffin1] 08/11/2013 20:23

WoW , i am in profit with a some of these , must be the first time in years ! upwards and onwards !!!!!!!!!!

[septimus quaid] 08/11/2013 09:15

Somaliland, LOL, I suppose the literal translation is "the land of the Somalis"

Although SEY have done nothing to improve my financial position, I do feel that my geographic knowledge of obscure countries has greatly benefited!

[waba] 08/11/2013 08:13

hxxp://www.sterlingenergyuk.com/pdf/presentations/2013-11-01_Investor-Presentation.pdf

[chesty1] 06/11/2013 13:48

I have held these since they too over Fusion Oil & Gas....

About time these started to perform & recent RNS's says to me they are on the spend....

[melodrama] 06/11/2013 13:40

another RNS

6 November 2013

Completion of farmin to Odewayne Block (Republic of Somaliland)

On 28(th) October 2013, Sterling Energy Plc, the AIM listed independent oil & gas exploration and production company (AIM: SEY), announced that its wholly owned subsidiary, Sterling Energy (East Africa) Limited ("Sterling"), had executed a Farmout Agreement for the Production Sharing Contract of the Odewayne Block (the "PSC"), located onshore in the Republic of Somaliland, with Petrosoma Limited ("Petrosoma").

The consent of the Government of Somaliland to the transaction has been granted and completion under the Farmout Agreement has now occurred.

Following completion, the holders of the PSC are now:

Genel Energy Somaliland Limited (Operator) 50%
Sterling Energy (East Africa) Limited 10%
Petrosoma Limited 10%
Jacka Resources Somaliland Limited 30%
Sterling Energy Plc.'s Chairman, Alastair Beardsall, said:

"We are very pleased to have completed the acquisition of a 10% interest in the Odewayne Block in Somaliland. We consider the Odewayne Block to be highly prospective and look forward to working with our joint venture partners in the exploration of this largely unexplored block."

Details about Somaliland and the Odewayne Block can be found in Sterling's Investor Presentation which can be viewed on the Company's website at www.sterlingenergyplc.com.

[naughtynicky72] 05/11/2013 19:20

Sterling Energy has been revving up lately i see looking at the chart come on sterling lets have some good luck !

[kaos3] 02/11/2013 16:52

sprott is no fool

[septimus quaid] 01/11/2013 08:53

Looks like the market has finally woken up to the RNS

[daveelectec] 01/11/2013 07:41

Good news RNS

[888icb] 29/10/2013 09:34

Yes indeed some action at last. Not too much original thought required to follow in the footsteps of Tony Hayward and Genel but welcome nevertheless to know that the BoD is still breathing!

[linton78] 29/10/2013 08:58

Small but shrewd farm-in completed by Sterling.

Some action at last!

[alnorton2] 24/10/2013 15:47

From the posts I have read here, they just don't want to dilute existing upside with some dubious new projects. Cash is the king.

[888icb] 24/10/2013 15:09

They have been talking about looking for new projects for sometime but have yet to come up with one-which would be nice!

[alnorton2] 24/10/2013 15:04

I think it is a public knowledge that share price is 95% supported by cash and Murphy is planning to drill Cameroon in Feb 2014 or later. What else do you need to know?