Scandinavian Oil-Gas Magazine
http://www.scandoil.com/moxie-bm2/news/sterling-energy-completes-farmin-to-odewayne-block.shtmlSterling Energy completes farmin to Odewayne Block
Sterling Energy announce that completion has now occurred under the Farmout Agreement (Farmout Agreement)
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Sterling Energy announce that completion has now occurred under the Farmout Agreement (Farmout Agreement) with Jacka Resources Somaliland Limited (Jacka) for the acquisition of an additional 15% interest in the Production Sharing Contract for the Odewayne Block (the "PSC"), located onshore in the Republic of Somaliland.
The holders of the PSC are now:
• Genel Energy Somaliland Limited (Operator) 50% • Sterling Energy (East Africa) Limited 40% • Petrosoma Limited 10%
