STERLING RESOURCES
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OMV Petrom, Exxon, Sterling Resources Complete Transfer of Midia Block Portion
OMV Petrom (SNP.RO) and ExxonMobil became the titleholders for the deep water portion of the XV Midia Block, after the Romanian government approved the transfer of hydrocarbon exploration and production rights from Canadian oil and gas company Sterling Resourc...
Sterling Resources To Trim Holdings Off Romania
Canadian Sterling Resources plans to reduce holdings in all of its Romanian Black Sea licenses during 2014, the company said in its quarterly financial report Thursday.
Sterling Resources Sells Portion Of Black Sea Block To ExxonMobil And Petrom
Sterling Resources, an oil and gas company operating in the Black Sea, Friday said it has signed a sale and purchase agreement with ExxonMobil Exploration and Production Romania and OMV Petr...
Sterling Resources Begins Drilling Well In Romanian Black Sea
Canadian Sterling Resources Friday said it has started drilling operations at its Ioana-1 deepwater well in the Romanian Black Sea.
Sterling Resources, GSP Sign Drilling Agreement For Two Black Sea Wells
Canadian Sterling Resources Thursday said its Romanian subsidiary Midia Resources has signed a drilling agreement with local oil and gas service company Grup Servicii Petroliere (GSP) for tw...
Romania Allows Sterling Resources To Share Stake In Black Sea Blocks
Romania’s mineral resources administrator ANRM approved the transfer of a 35% stake in two Black Sea oil blocks from Sterling Resources to two firms partnered with the Canadian company.
Sterling Resources Strikes Deal With Authorities For Black Sea Block Exploration
Canadian Sterling Resources on Friday said it has reached an agreement with Romania’s Economy Ministry enabling the former to continue exploration on several blocks in the Black Sea.
Sterling Resources To Invest Up To $1B In Black Sea Blocks
Canadian Sterling Resources plans to invest between $500 million and $1 billion in hydrocarbon exploration at Romania’s Black Sea platform over the coming period, the Economy Ministry said T...
Sterling Resources Plans To Invest $500M In Black Sea Blocks
Canadian Sterling Resources needs to invest some $500 million in its Midia and Pelican blocks in the Romanian shelf of the Black Sea, and the money can be obtained without any problems, Ster...