Sterling Energy Plc is a UK based independent oil and gas exploration company; focused primarily on material exploration and production opportunities in Africa.
Having been incorporated in 1983 as an upstream oil and gas company, Sterling Energy Plc was admitted to the AIM market in October 2002.
Sterling’s current exploration portfolio consists of the following:
- Mauritania: a 13.5% interest in C-10, an offshore block in the proven Nouakchott Basin, where the operator is Tullow Oil.
- Somaliland: a 34% carried interest in Odewayne, a high potential onshore exploration block operated by Genel Energy and partnered with Petrosoma.
Sterling also has a production royalty interest in the Chinguetti oil field, offshore Mauritania.
Sterling is led by a Board and management team with considerable international and African experience in oil and gas exploration, appraisal, development and production.
We are focused on delivering value to shareholders through a disciplined business model, via successful and sustainable exploration and production projects with the ability to be monetised during the lifecycle value chain at the appropriate time.
Sterling is committed to operating in a safe, ethical and responsible manner, respecting the environment, our staff, contractors and the communities in which we work.