Petroleum Africa
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Tuesday, May 10, 2016
Sterling Energy, following its previous announcement that its wholly owned subsidiary Sterling Energy (UK) was withdrawing from an asset in Madagascar, has now completed its withdrawal.
The company exited the PSC for the Ambilobe Block, leaving Pura Vida Mauritius holding the block with a 100% interest.
Eskil Jersing, the company’s CEO said: “We would like to record our sincere thanks to Pura Vida and Office des Mines Nationales et des Industries Stratégiques (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.”
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