Exploration: News for Oil & Gas and Hydrocarbon Industries  Membership Services »
Gulf Oil and Gas grow your business
Home News Events Projects Tenders Unconventionals Community | My Account
Products and vendors Services and providers Jobs

Sterling Energy Provides Operations Update

Source: www.gulfoilandgas.com 11/4/2010, Location: Asia

Share |

Sterling Energy Plc is issuing its Interim Management Statement for the period beginning 1 July 2010 and updated operations in Madagascar and Mauritania.

Cameroon
The Ntem Block, offshore Cameroon, remains in force majeure. Progress continues towards a resolution of the border dispute between the governments of Cameroon and Equatorial Guinea, but no specific timetable can be forecast. The Company currently holds 100% of the Ntem licence and expects to farmout a portion of its interest in exchange for being carried for its share of drilling costs.

Madagascar
The Rajoelina government, formed after the coup in March 2009, has not been recognised by its African neighbours or by many other governments. Sterling and ExxonMobil, our partner and the operator of the Ampasindava Block, will look for an improvement in the political situation before undertaking any significant expenditure.

The current exploration periods for both the Ambilobe and Ampasindava licences come to an end in November 2010. Sterling and Exxon are in discussions with OMNIS, the state oil company of Madagascar, with regard to an extension of both licences.

Exploration News in Cambodia >>

Uganda Short-Lists 17 Companies in 1st Oil Licensing Round
Uganda >>  7/1/2015 - Uganda Ministry has received a significant number of Application for Qualification (AfQ) from companies across the Globe, following the publication of...
Petrobras Subsalt Rule to be 'Corrected'
  Brazil >>  6/26/2015 - Brazil's president of the lower house, Eduardo Cunha, said on Friday that a requirement in the national oil law that state-run oil producer Petroleo B...

Gazprom & YPF Address Cooperation Prospects in Energy Sector
  Argentina >>  6/19/2015 - A working meeting between Alexey Miller, Chairman of the Management Committee and Miguel Galuccio, Chief Executive Officer of Argentine National Petro...
ADX Energy Provides Update on Romania
  Romania >>  6/19/2015 - ADX Energy Ltd is pleased to report that a 30 month extension of the exploration period for the EX-10 PARTA permit has been signed with NAMR (“Agentia...

Humpback Exploration Well on Licence PL012 Spudded
  Falkland Islands >>  6/15/2015 - Falkland Oil and Gas Limited is pleased to announce that the 'Humpback' exploration well was spudded on 13 June 2015. ...
OOCEP Plans Two Exploration Wells Targeting Oman Block 42
  Oman >>  6/13/2015 - Exploration activities targeting hydrocarbon prospects in Block 42 are set to shift into higher gear as Oman Oil Company Exploration & Production (OOC...



Related Categories: Camp Building  Cleaning Equipment, Services  Communication  Corrosion Products/Services  Development  Exploration  Food Supplies  General  Labor Services  Land & Leasing  Mine Clearance  Oil & Gas Companies  Production  Service Companies  Skilled Labors  Transportation, 4X4 Trucks  Unskilled Labors  Utility Systems  Waste Disposal  Water Supply Services  Welding Products/Services 

Related Articles: Camp Building  Cleaning Equipment, Services  Communication  Corrosion Products/Services  Development  Exploration  General  Labor Services  Land & Leasing  Mine Clearance  Oil & Gas Companies  Production  Service Companies  Transportation, 4X4 Trucks  Utility Systems  Water Supply Services  Welding Products/Services 


Cambodia Oil & Gas 1 >> 

More News

Oil & Gas Projects in Cambodia >>

Oil & Gas Companies in Cambodia >>

Related Links

Countries Quick Links

AF AM AZ BD BN CN GE HK ID IN IR JP KG KH KR KZ LK MM MN MY PG PH PK RU SG TH TJ TM TW UA UZ VN
Gulf Oil and Gas B2B marketplace:   About -  Advertising -  Competitive Intelligence -  Talent Solutions -  Membership Services Follow us on Facebook
Copyright © Universal Solutions All rights reserved. Privacy Policy. - Contact Us  Gulfoilandgas rss feed