Tag Archives | Sterling

UK Trade Mission Visits Kurdistan

Some of Britain’s most successful businessmen and women will fly to Erbil tomorrow (September 23rd) on a Trade Mission designed to show the UK’s continuing support for the resilience of the Kurdistan region of Iraq’s infrastructure, society and economy. Organised by the Iraq Britain Business Council (IBBC), the group will spend three days meeting senior […]

Sterling Energy Updates on Sangaw North

By John Lee. Sterling Energy Plc has announced the following updates in the Sangaw North Production Sharing Contract ("PSC") in Kurdistan: 2D Seismic Acquisition: The acquisition of 2D seismic data in the Sangaw North PSC, which commenced in July, has now been completed. 117 km of data was successfully acquired and is now being processed, […]

Sterling Energy Interim Management Statement

Sterling Energy has issued its Interim Management Statement for the period beginning 1 July 2011. Angus MacAskill, Sterling's Chief Executive, said: "We are pleased with the progress made towards introducing a partner to the Ntem block in Cameroon and expect to complete the process by the end of 2011. "Following the disappointing results of the […]

Sterling Abandons Sangaw North, Shares Fall

Shares in Sterling Energy (AIM: SEY), the independent oil and gas exploration and production company with interests in Iraqi Kurdistan, closed the day down just 4% following a disappointing update on its operations at Sangaw North, in which it has a 53.33% working interest. The shares had opened the day down 33%. Flow testing operations […]