Sterling Energy announces additional farmin to Odewayne Block (Scandinavian Oil-Gas Magazine)

Skip Navigation

News
Financial
Oil
Gas
Rigs
- Rig supplier news
- Rig market
Alternative Energy
- Biofuels
- Wind
- Water
- Solar
By Province
- North Sea Rim
- Russia
- Africa
- Americas onshore
  - Latin America
  - Canada
  - USA
- Americas offshore
- Middle East
- Asia-Pacific
- Australia
Events
Printed Magazine
- Subscription
Mediaplan
Members page
- E-mail Alert

Sterling Energy announces additional farmin to Odewayne Block

Published Nov 11, 2013

E-mail

[an error occurred while processing this directive]

Edit page New page Hide edit links

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:

Comments on this page are closed.

+ Larger Font | + Smaller Font

Top Stories

New Chief Executive Officer of Aker Energy Feb 23, 2018 Jan Arve Haugan has been appointed as Chief Executive Officer of the newly established oil company Aker Energy, effective 1 March 2018. Haugan is currently the President & CEO of Kværner ASA.

Rystad Energy - Borr Drilling takes charge of the jackup market

Borr Drilling Goes From Empty-Handed to the Largest Jack-Up Driller In Just 16 Months Feb 23, 2018 “It is remarkable what Tor Olav Troim has achieved in such a short amount of time. Going from two jack-ups in December 2016 to becoming the largest jack-up provider...” says Oddmund Føre, vice president of oilfield service research at Rystad Energy.

Borr Drilling Takes Over Paragon Offshore to Expand MODU Fleet Feb 23, 2018 Borr Drilling’s acquistion of Paragon Offshore will create a USD 3.57 billion MODU fleet.

Southwest Research Institute (SwRI) - IMSF2

SwRI to Host Inaugural International Multiphase Flow Separation Symposium Feb 23, 2018 Southwest Research Institute is bringing together oil and gas industry experts for the International Multiphase Flow Separation Symposium (IMFS²), to be held April 25-26, 2018, at SwRI’s headquarters...