Sterling eyes Black Sea wells, Romania gas liberalization

Sterling Resources Ltd., Calgary, will resume exploratory drilling in the Black Sea offshore Romania in September 2012 and is encouraged by the Romanian government’s enacting of natural gas liberalization policies. The GSP Jupiter cantilever jackup will drill the Ioana gas prospect to 1,600 m in 91 m of water to target the Mid-Pontian sandstone. It will then move north to drill the Eugenia oil prospect to 2,300 m in 55 m of water ...

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