Sterling Resources Ltd. – Cladhan Appraisal Well Confirms Excellent Thick Oil Bearing Channel Sand Reservoir
CALGARY, Aug. 30 /CNW/ – Sterling Resources Ltd. (TSX-V:SLG – News; “Sterling” or the “Company”) is pleased to announce the successful drilling of the Cladhan sidetrack well located on Block 210/29a in the United Kingdom North Sea, some 225 miles north east of Aberdeen, Scotland, in 536 feet water depth. Sterling holds a 39.9% interest [...]
Sterling Resources announces preliminary financing offer
Calgary, Alberta, Canada, June 28, 2010 – Sterling Resources Ltd., (TSX-V:SLG) (“Sterling” or the “Company”) is pleased to announce that further to the mandate of the Royal Bank of Scotland plc (“RBS”) as Debt Structuring Bank in August 2009 to structure the debt financing (“the Facility”) for development of the Breagh project in the [...]
Sterling Resources announces 2009 operating and financial results and NI 51-101 reserves disclosure
CALGARY, April 20 /CNW/ – Sterling Resources Ltd. (TSX-V:SLG – News; “Sterling” or the “Company”), an international oil and gas company with exploration and development assets in the United Kingdom, Romania and France, is pleased to announce operating and financial results for the year ended December 31, 2009. Unless otherwise noted all figures contained in [...]
Sterling Resources announces signing of the offshore Romanian Farm-In Agreement
CALGARY, March 11 /CNW/ – Sterling Resources Ltd. (“Sterling “or “the Company”) (TSX-V: SLG.V) is pleased to announce today that it has executed a fully termed Farm-in Agreement with Melrose Resources plc (LSE: MRS.L) a UK based oil and gas exploration, development and production company, under the terms of which Melrose will farm-into the Pelican [...]
Sterling announces US $8-million additional funding
CALGARY, Dec. 9 /CNW/ – Sterling Resources Ltd. (TSX-V:SLG – News; “Sterling” or the “Company”) is pleased to announce that it has reached an agreement under which the group may call for a further US $8-million of additional funding in the form of a “top up facility” with Jersey based Gemini Oil and Gas Fund [...]
Sterling Resources Ltd. announces successful drilling of the East Breagh well in the UK North Sea
CALGARY, Oct. 3 /CNW/ – Sterling Resources Ltd. (“Sterling”) (TSX-V:SLG – News) is pleased to announce the successful drilling of the East Breagh well located on Block 42/13 in the United Kingdom North Sea. Sterling holds a 45% interest and is the operator of the block.
After detecting the presence of gas and sand while drilling [...]
Sterling Resources announces 2nd quarter results and updates drilling activity
CALGARY, Aug. 19 /CNW/ – Sterling Resources Ltd. (“Sterling” or the “Company”) today announces interim operating and financial results for the quarter ended June 30, 2008. Unless otherwise noted all figures contained in this report are denominated in Canadian dollars.
Sterling’s activity during the second quarter focused primarily upon the commencement of our offshore drilling program, [...]
