McDade launches Afentra with eye on African acquisitions
Former Tullow Oil executives have launched their Afentra venture, focused on production up and down West Africa.
Sterling Energy
Sterling installs ex-Tullow execs as CEO, COO
Sterling Energy has appointed two ex-Tullow Oil executives to its board as executive directors.
Sterling eyes opportunistic deals
Given the current state of the oil market, Sterling Energy is becoming more confident in executing a deal with an onshore low-cost operator.
Sterling Energy granted extension on Odewayne PSA
Sterling Energy said it has been granted a further two-year extension to the current period of the Odewayne Production Sharing Agreement (PSA).
Sterling Energy granted extension for Odewayne agreement
Sterling Energy said it has been granted a two-year extension on the Odewayne Production Sharing Agreement.
Sterling Energy issues surrender notice from Ntem concession
Sterling Energy said its subsidiary has issued a notice of surrender in relation to the Ntem concession offshore Cameroon.
Sterling finalises withdrawl from Madagascar block
Sterling Energy has completed its withdrawal from the Ambilobe block offshore Madagascar.
Sterling Energy pulls plug on Madagascar project
Sterling Energy has confirmed it plans to pull out of the Ambilobe block in Madagascan waters by July.
Sterling losses widen after Chinguetti production dip
Sterling Energy said its loss widened in the first quarter of 2016, as production from its Chinguetti field in Mauritania fell due to temporary flow assurance issues.
Sterling says drilling work on Breagh gas field could be delayed
Infill drilling work at the Breagh gas field could be delayed as further investments in its first phase are put under review. Sterling Resources said the production at the gas field in the North Sea is continuing slightly ahead of schedule. Production last month averaged 28.1million standard feet of sales gas per day.
Sterling Energy in war of words over disputed block claim
Sterling Energy has disputed claims made by Cameroon's state oil company that the Ntem concession in an "open block".
Sterling takes a stake offshore Mauritania
Sterling Energy has confirmed a 13.5% working interest in the deepwater C-10 block offshore Mauritania.
Sterling Energy director to leave later this week
Africa-focused Sterling Energy today announced the departure date for Phil Frank, who it had previously said was to step down from the board. He will leave the alternative investment market-listed firm's boardroom team on Friday.