NR update

Welcome To the Sterling Energy HUB On AGORACOM

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Dear Agoracom Family,

I want to thank all of you for your patience with us over the past 48 hours and apologize for what was admittedly a botched launch of our new site.

As you can see, we have reverted back to the previous version of the site while we address multiple forum functionality flaws that inexplicably made their way into the launch.

To this end:

1.We have identified 8 fundamental but easily fixable flaws that will be corrected in the coming week, so that you can continue to use the forums exactly as you've been accustomed to.

2.Additionally we will also be implementing a couple of design improvements to "tighten up" the look and feel of the forums.

Have a great Sunday, especially those of you like me that are celebrating Orthodox Easter ... As well as those of you who are also like me and mourning another Maple Leafs Game 7 exit ... Ugggh!

Sincerely,

George et al

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duncanmcl

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NR update

posted on Jul 16, 2010 12:43PM

The Sangaw North #1 exploration well is currently drilling ahead at 1,505 metres.
Since the last update on 7 May 2010 two intermediate casing strings have been run; 13 5/8” casing was run and cemented with the casing shoe at 1,053 metres TVD (true vertical depth) and 9 7/8” casing was run and cemented with the casing shoe at 1,448 metres TVD.
The well bore is currently being drilled through the Shiranish horizon, the uppermost of the prospective Cretaceous aged formations in the Sangaw North prospect. While drilling this section gas shows and drill cuttings with fluorescence have been observed, both are indications of hydrocarbons being present in the well bore.
The well plan is to drill through the Shiranish and then continue drilling to evaluate the prospectivity of the Kometan and Qamchuqa horizons in the Cretaceous and the deeper potential reservoirs in the Jurassic.

Alastair Beardsall, Sterling’s Chairman said
“The gas shows while drilling are encouraging; we will continue our drilling and evaluation programme to determine the prospectivity of Sangaw North

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