Sterling Resources

Thursday, March 22, 2012 Melrose has agreed to farm-out a proportion of its equity in its Romanian concession to Sterling Resources Ltd.

Monday, March 19, 2012 Sterling Resources Ltd. announced that drilling operations have commenced on the South Cladhan exploration prospect using semisub Sedco 704.

Wednesday, May 18, 2011 EnCore announced that the Cladhan appraisal well 210/30a-4y, the third well of a four well program located in UK North Sea Blocks 210/29a & 210/30a has reached Total Measured Depth of 12,615 feet.

Thursday, April 28, 2011 Sterling has declared Force Majeure on its Midia and Pelican Blocks in the Black Sea after the Company has been unable to undertake Petroleum operations for reasons outside of its control.

Friday, March 04, 2011 Sterling announced the successful drilling of appraisal well 42/13a-6 in the Breagh Field located in the North Sea. The well is currently being suspended for future use as a production well for the Breagh field.

Tuesday, March 01, 2011 Using semisub Transocean Prospect, Sterling has spudded the Cladhan appraisal well 210/30a-4 located in Northern North Sea Block 210/30a.

Thursday, February 17, 2011 Sterling is expecting to commence drilling within the next few days at Cladhan, as the semisub Transocean Prospect is currently being towed to the site.

Friday, November 26, 2010 Sterling announced that approval has been received from the Dutch authorities to transfer to Sterling interests in five licenses within the F-Quad and L-Quad areas offshore Netherlands.

Monday, November 01, 2010 Sterling announced that following the immediate cessation of the Farm-in Agreement with Melrose Resources for its blocks offshore Romania.

Wednesday, October 20, 2010 Sterling announced that Mark Beacom has joined the Company as Vice President and General Manager, Romania and Stephen Birrell has been appointed as Vice President and General Manager, Netherlands and France.

Tuesday, October 19, 2010 Sterling announced the resource evaluation on the gross contingent and prospective oil in place estimated to exist in the Cladhan discovery.

Monday, October 04, 2010 Sterling encountered a 258 feet gross hydrocarbon bearing reservoir interval with 108 feet net pay at its Cladhan discovery with sidetrack well 210/29a-4Y.

Monday, September 13, 2010 Encore is pleased with well test results at Cladhan and says its is very likely that a commercial accumulation has already been established.

Monday, August 30, 2010 Sterling Resources has encountered hydrocarbon bearing sandstones in the Cladhan sidetrack well located on Block 210/29a in UK North Sea.

Monday, August 02, 2010 Sterling Resources announced that David Blewden has joined the Company as Chief Financial Officer.

Thursday, July 22, 2010 Sterling Resources has entered into a bought deal financing agreement with a syndicate of underwriters led by Wellington West Capital Markets (the "Underwriters") to issue 15,790,000 common shares.

Wednesday, July 21, 2010 Sterling Resources provided an operational update regarding its current drilling activities in the United Kingdom North Sea.

Thursday, July 15, 2010 Sterling announced the appointment of David Blewden to the position of Chief Financial Officer (CFO).

Monday, June 14, 2010 Sterling Resources announced that the Airidh well 42/19a-1 drilled in the UK Southern North Sea was unsuccessful in finding a targeted natural gas presence.

Tuesday, May 18, 2010 Sterling announced interim operating and financial results for the quarter ended March 31, 2010.