Sterling Says Sheryl Well Spuds in North Sea

Sterling Resources

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.