Scandoil  

Sterling Energy announces additional farmin to Odewayne Block


Published Nov 11, 2013
Sterling Energy Plc

On 6 November 2013, Sterling Energy Plc, announced that its wholly owned subsidiary, Sterling Energy (East Africa) Limited (Sterling), had completed a farmin for a 10% participating interest in the Production Sharing Contract for the Odewayne Block (the "PSC"), located onshore in the Republic of Somaliland.

Sterling Energy Plc is now pleased to announce that Sterling has signed a further Farmout Agreement for the PSC with Jacka Resources Somaliland Limited ("Jacka").

The current holders of the PSC are:

◾ Genel Energy Somaliland Limited (Operator) - 50% ◾ Sterling Energy (East Africa) Limited - 10% ◾ Petrosoma Limited - 10% ◾ Jacka Resources Somaliland Limited - 30%

Tags: Sterling Energy Plc




Advertisment:

Add a Comment to this Article

Please be civil. Job and promotion will not be added into the comment page.

(Use Markdown for formatting.)

This question helps prevent spam:

+ Larger Font | + Smaller Font
Top Stories

 

 

 

 


 


RSS

RSS
Newsletter
Newsletter
Mobile News
Mobile news

Computer
Our news on
your website


Facebook
Facebook
Twitter
Twitter

Contact
Contact
Tips
Do you have any
tips to us
Stats

 

sitemap xml