Petroleum Africa
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Tuesday, June 13, 2017
The government-sponsored 2D seismic campaign on Sterling Energy’s Odewayne Block in Somaliland has commenced. The campaign will satisfy the minimum work obligation for the current third period, for which Sterling is fully carried by Genel for all costs.
Sterling Energy says it expects initial results late Q3 2017 and will thereafter undertake its own technical evaluation of the data.
Sterling Energy Plc.’s CEO, Eskil Jersing, said “We are very pleased that the 2D seismic campaign has commenced. It will provide the first detailed subsurface view in what is one of the last untested large frontier rift basins in Africa. We would like to congratulate the Ministry of Energy & Minerals for the successful start to the campaign.”
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