rekirkham
- 25 Apr 2012 10:08
Sterling Energy -
Madagascar Government should have elections in about May to
establish a recognised government.
SEY may then get re confirmation of large off shore license areas.
Madagascar has heavy oil already on shore.
SEY have already done the survey work for partner Exxon to start drilling.
Potential for very large oil finds in unexplored area.
Cameroon offshore - possible oil in high potential area, but long standing
boarder dispute - who knows when , or if it will ever be sorted ?
Kurdistan - possible further drilling next year, could still find oil if work
restarts
With about $115,000 million in bank SEY are looking for new ventures,
with a new technical team.
With a bit of luck this little company could hit it big time.