Sterling Resources claims it invested 56 million dollars in exploring Black Sea resources

Sterling Resources invested some 56 million dollars in exploring the Black Sea resources, conducting mainly seismic risk analysis and drilling in the Pelican and Midia areas, said Stephen Birrell, general manager of Midia Resources on last Thursday. The officials also pointed at the fact that Sterling Resources invested in the oil exploration in Romania since 1997. In a press release, the Canadian company shows that some 130 million dollars were invested since 1992 in the Pelican ...

Developed by Codecraftsman