Company Profile For Sterling Energy PLC
Sterling Energy PLC (SEY.L) (London Stock Exchange)
sector: Energy ·
industry: Oil & Gas Exploration & Production ·
Overview
Sterling Energy plc (Sterling) is an oil and gas company. The principal activity of the Company is the exploration for and production of oil and gas in Africa, the Middle East and the United States. Sterling focuses on projects in Africa and the Middle East. Sterling has high potential near-term opportunities in Kurdistan, Madagascar and in Cameroon, as well as production, appraisal and exploration in the USA and production in Mauritania. During the year ended December 31, 2008, Sterling participated in 18 new wells and over 30 recompletions.
Quick Financial Synopsis
BRIEF: For the fiscal year ended 31 December 2008, Sterling Energy plc's revenues increased 7% to $103.6M. Net loss totaled increased from $2.3M, to $156.8M. Total revenue reflects a significant increase in sales from the North American region. Net loss also reflects an increased administrative expenses, finance costs as well as the presence of impairment of oil & gas asset and the absence of gain on hedging instruments.
Company Address
Sterling Energy PLC
5 Chancery Lane
Cliffords Inn
London ENG WC1A 1LG
P: +44020.74054133
F: +44020.74409059
5 Chancery Lane
Cliffords Inn
London ENG WC1A 1LG
P: +44020.74054133
F: +44020.74409059
Total Employees
69
Find Out More About SEY.L
Market Update
India
US
UK- Asia
- Most Actives
Commodities
| Commodity | Last | Pct Chg | Trade Date/Time |
|---|---|---|---|
| Oil | 77.06 | +0.78% | 11/25 12:40 IST |
| Gold | 1178.1 | +1.04% | 11/25 12:21 IST |
