REG - Sterling Energy PLC - Completion of Withdrawal from Ambilobe, Madagascar <Origin Href="QuoteRef">SEY.L</Origin>

AfentraAnnouncement

09/05/2016 07:05

RNS Number : 5738X
Sterling Energy PLC
09 May 2016
09 May 2016
Completion of Withdrawal from Ambilobe, Madagascar
Sterling Energy plc (the "Company"), the AIM listed oil and gas exploration company (AIM: SEY), announces that, following its previous announcement of 28 April 2016, its wholly owned subsidiary, Sterling Energy (UK) Limited has completed its withdrawal from the Ambilobe block, offshore Madagascar. 
The holder of the production sharing contract for the Ambilobe block is now:
Pura Vida Mauritius (Operator)
100%
Comment
Eskil Jersing, the Company's Chief Executive Officer said:
"We would like to record our sincere thanks to Pura Vida and Office des Mines Nationales et des Industries Stratgiques (OMNIS) for the swift and efficient completion of the withdrawal process.
We wish Pura Vida and OMNIS all the best in their future exploration efforts in the Ambilobe Block."
Further Information
Further information can be found on the Company's website at www.sterlingenergyplc.com
Sterling Energy plc
Tel: +44 20 7405 4133 
Eskil Jersing (CEO)

Peel Hunt LLP
Tel: +44 20 7418 8900
Richard Crichton
Ross Allister 


This information is provided by RNS
The company news service from the London Stock Exchange
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