Sterling say cash flow will increase by 400% in 2006

Poo Bear,

Studying the RNS the area itself must be problematical. They offer up the end of February as the completion time for the well. They have reached 900 metres and expect to go to 2,900+ metres. So they are already a third of the way down. Are they being extra careful in this instance and shoring up the sides as they go to prevent the soft sands causing similar problems as before with the other two wells in this area. Perhaps they have learnt how to handle the seabed better now. Seems to read that way to me. Lets hope they are spot on

The RNS might even encourage some added buying of SEY shares over the coming weeks