Sterling Says Sheryl Well Spuds in North Sea

Sterling Resources reports that the appraisal drilling program at Sheryl in the UK sector of the North Sea is well underway.

The well is being drilled using the Transocean Sedco 712 on Block 21/23a in the Central North Sea. The operator, Oilexco, is drilling this program under tight-hole status until all sidetracks and testing has been completed. The program is expected to be completed before the end of September. Sterling has a 35-percent interest in this prospect.

For More Information on the Offshore Rig Fleet:
RigLogix can provide the information that you need about the offshore rig fleet, whether you need utilization and industry trends or detailed reports on future rig contracts. Subscribing to RigLogix will allow you to access dozens of prebuilt reports and build your own custom reports using hundreds of available data columns. For more information about a RigLogix subscription, visit