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Sterling Energy completes farmin to Odewayne Block


Published May 13, 2014
Sterling Energy Plc

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%

Tags: Sterling Energy Plc




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