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 >>

Apache Reports Strong Results from Discoveries in Egypt
  Egypt >>  3/31/2015 - Apache Corporation reported strong appraisal- and development-drilling results from Egypt following the previously announced discovery of two new oil ...
COSL Announces Audited Results for 2014
  China >>  3/30/2015 - China Oilfield Services Limited(COSL), announced its audited results for year ended 31 December 2014. ...

New Zealand Opens Block Offer 2015 for Exploration Permits
  New Zealand >>  3/30/2015 - New Zealand's Ministry of Business, Innovation and Employment announced the opening of the country's annual petroleum exploration permit tender Block ...
Russia May Allow More Firms to Access Offshore Oil
  Russia >>  3/29/2015 - Russia may allow more oil companies to access its offshore projects, Energy Minister Alexander Novak said on Friday. 'In general, the access can be ex...

Lion Reports Encouraging Gas Shows in Lofin-2 Appraisal Well
  Indonesia >>  3/27/2015 - Highlights: ...
Crown Point Provides Operational Update on its Tierra del Fuego Concessions
  Argentina >>  3/26/2015 - Crown Point Energy Inc. provided an operational update regarding the results of its ongoing development, exploration and recompletion program at its 2...



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