Re: NR update 8/31/10

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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Re: NR update 8/31/10

in response to

NR update

duncanmcl

posted on Sep 02, 2010 02:36PM

Kurdistan - Sangaw North PSC

Sterling Energy Plc ("Sterling" or "Company"), the AIM listed independent oil & gas, exploration & production, company with interests in the Middle East and Africa, provides the following update on its activities:

Sangaw North Exploration Well

Further to the announcement dated 6 August 2010, the repairs to the Sakson drilling rig have now been completed and the rig has resumed operations. Sterling's plan is to continue testing the prospectivity of the Sangaw North #1 exploration well previously identified from the wire-line log data and drilling shows over the open-hole interval of 1,450m to 2,395m.

It is estimated that the testing will take approximately 10 days to complete, after which the plan is to drill ahead through the remaining Cretaceous section and then to the deeper potential reservoirs in the Jurassic. Due to the delays incurred whilst the rig was undergoing repairs, the well is now expected to reach its planned depth of 3,660m during the 4th quarter of 2010.

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