Business
Sangaw North Update
Sangaw North Update.
About this update from Afentra Plc
[{"type":"text","content":"\n RNS Number : 6822Q Sterling Energy PLC 06 August 2010 \n \n\n \n6 August 2010\n \nKurdistan - Sangaw North PSC\nSterling Energy Plc (\"Sterling\" or \"Company\"), the AIM listed independent oil & gas, exploration & production, company with interests in the Middle East and Africa, provides the following update on its activities:\nSangaw North Exploration Well \n \nOperations at the Sangaw North #1 exploration well have been halted following a failure of drilling rig equipment. The extent of the repair work is being assessed, however an initial assessment indicates the requirement for replacement parts to be imported and mobilisation of specialist engineers to complete the repairs. Sterling estimates that repairs may take up to 21 days to complete.\n \nFollowing the satisfactory completion of repairs, Sterling will resume the drill stem testing of the prospective zones identified from the well data.\n \n \nEnquiries\nSterling Energy Plc (+44 20 7405 4133) \nAlastair Beardsall, Executive Chairman\nAndrew Grosse, Exploration & Technical Director\nEvolution Securities (+44 20 7071 4300)\nRob Collins & Chris Sim\nAndrew Grosse, B.Sc. (Hons) Geology & Geophysics (1980), Exploration & Technical Director of Sterling Energy Plc, who has been involved in the oil industry for over 29 years, is the qualified person that has reviewed the technical information contained in this press release.\n\nThis information is provided by RNSThe company news service from the London Stock Exchange END MSCUGUUURUPUGGQ \n ","length":2658,"tagName":"div"}]