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 Gulfoilandgas rss feed Follow us on Facebook  Jobs 
Products and vendors Services and providers Oil & Gas Software and publications

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 >>

New Well Exploited at Galmaz Gas Storages Field
  Azerbaijan >>  9/30/2014 - The well # 636 was commissioned at Galmaz Gas Storages field. The daily production of the well, drilled to 3rd Suite by Complex Drilling Works Trust, ...
Oil Discovery in Beibu Gulf Block 22/12, Offshore China
  China >>  9/29/2014 - Roc Oil Company, a wholly owned subsidiary of Roc Oil Company Limited, advised drilling was completed on the first of two exploration wells in the Bei...

Rift Energy Enters into Next Exploration Phase in Kenya
  Kenya >>  9/29/2014 - Rift Energy Corp. (Rift Energy) is pleased to announce it is entering into the first additional two-year exploration program on Block L19 in Kenya aft...
Rosneft Discovered a New Hydrocarbon Field in the Kara Sea
  Russia >>  9/27/2014 - Rosneft successfully completed the drilling of the northernmost well in the world the Universitetskaya-1 well in the Arctic. According to the result...

Bashneft Wins Rights for the Leonovskiy Subsoil Area
  Russia >>  9/25/2014 - At an auction for the right to conduct geological exploration, prospecting and production of hydrocarbons held on September 23 by the Department of Su...
Azonto Petroleum Provides Update on Accra Block in Ghana
  Ghana >>  9/24/2014 - Azonto Petroleum Limited is pleased to announce an update on its Joint Venture on the Accra Block in offshore Ghana. ...



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 E-Marketplace - Promote your Business - About Us
Copyright Universal Solutions All rights reserved. Privacy Policy. - Contact Us