Gulf Oil and Gas accountACCOUNT

Sterling Energy Provides Operations Update

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

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 >>

United States >>  12/2/2020 - Zephyr Energy, the Rocky Mountain oil and gas company focused on responsible resource development, has provided an update on its project in the Parado...
Brazil >>  11/27/2020 - As announced in the Official Gazette (DOU) of 11/27/2020, the ANP published the draft tender protocol and draft of concession agreement for the 17th B...

Guyana >>  11/27/2020 - Frontera Energy Corporation (FEC) (Frontera) and CGX Energy Inc ("CGX") announce that their constructive and collaborative discussions with the Govern...
Australia >>  11/25/2020 - Falcon Oil & Gas has provided an update on exploration activity in the Beetaloo Sub-basin, Northern Territory, Australia following the successful hydr...

Cameroon >>  11/24/2020 - Victoria Oil & Gas Plc, the Cameroon based gas and condensate producer and distributor, is pleased to announce that its wholly owned subsidiary Gaz du...
Tanzania >>  11/24/2020 - Scirocco Energy, is pleased to announce an operational update on its Ruvuma asset (WI 25%) and the plan to progress the Ntorya gas discovery situated ...

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  Skilled Labors  Transportation, 4X4 Trucks  Utility Systems  Water Supply Services  Welding Products/Services 


Cambodia Oil & Gas 1 >> 

Oil & Gas Projects in Cambodia >>

More News

Related Links

AF 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 TP TW UA UZ VN
Gulf Oil and Gas
Copyright 2020 Universal Solutions All rights reserved. - Terms of Service - Privacy Policy.