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Results 1 - 13 from 13 for "sterling"

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  • Carlyle Group Buys Sterling Resources’ Romanian Oil&Gas Operations For $42.5M

    03.26.2015

    Private equity behemoth Carlyle Group will buy Sterling Resources’ Black Sea oil exploration business for a cash consideration of $42.5 million, the two companies said Thursday. more

  • OMV Petrom, Exxon, Sterling Resources Complete Transfer of Midia Block Portion

    01.29.2014

    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 more

  • Sterling Resources Plans To Halve Interests In Black Sea Licenses

    01.10.2014

    Canadian Sterling Resources plans to sell up to half of its equity interests in the Romanian Black Sea licenses, the company’s vice-president for Romania, Mark Beacom, told Mediafax. more

  • Sterling Resources To Trim Holdings Off Romania

    11.21.2013

    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. more

  • Sterling Resources Sells Portion Of Black Sea Block To ExxonMobil And Petrom

    10.19.2012

    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 Petrom more

  • Sterling Resources Begins Drilling Well In Romanian Black Sea

    10.05.2012

    Canadian Sterling Resources Friday said it has started drilling operations at its Ioana-1 deepwater well in the Romanian Black Sea. more

  • Sterling Resources, GSP Sign Drilling Agreement For Two Black Sea Wells

    05.31.2012

    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 two offshore more

  • Sterling Secures 40% In Third Black Sea Oil Block

    03.22.2012

    Midia Resources SRL, owned by Canadian Sterling, will take over 40% of an oil block in the Black Sea, currently leased by Melrose and Petromar. more

  • Romania Allows Sterling Resources To Share Stake In Black Sea Blocks

    11.18.2011

    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. more

  • Sterling Resources Strikes Deal With Authorities For Black Sea Block Exploration

    10.28.2011

    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. more

  • Sterling Resources To Invest Up To $1B In Black Sea Blocks

    10.27.2011

    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 Thursday. more

  • Sterling Resources Plans To Invest $500M In Black Sea Blocks

    06.23.2011

    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, Sterling more

  • Sterling Resources Deplores Romania’s Opaque Drilling Permission System

    04.28.2011

    Canadian oil and gas company Sterling Resources on Thursday said it cannot operate in its Black Sea perimeters at the present time, since local authorities are unable or unwilling to issue the more

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