#ampasindava block

[oilnewskenya]

ExxonMobil, Sterling Energy relinquish Madagascar’s Ampasindava Block

ExxonMobil, Sterling Energy relinquish Madagascar’s Ampasindava Block

Joint Venture partners ExxonMobil and Sterling Energy have announced that they have signed the relevant documentation with Office des Mines Nationales et des Industries Stratégique OMNIS to relinquish the Ampasindava Block.

According to the JV partners this follows a detailed subsurface re-assessment of the prospectivity of the Ampasindava Block by the joint venture and after discussions with…

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[oilnewskenya]

Sterling Energy receives license extension for Madagascar’s Ambilobe, Ampasindava Blocks

Sterling Energy receives license extension for Madagascar’s Ambilobe, Ampasindava Blocks

The AIM listed oil & gas exploration company Sterling Energy Plc has announced it has received a Ministerial and Presidential approval was granted in October 2014 to extend the current phase of both the Ampasindava and Ambilobe PSCs to July 2016.

These approvals have now been formally published in the Official Gazette of Madagascar, which is the final step in the approval process.

The Ambilobe…

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