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7/26/2010 - STERLING PREPARES TO SIDETRACK CLADHAN DISCOVERY WELL
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Sterling Resources advises that the JW MCLEAN rig is slated to arrive on the Cladhan field this week to conduct a sidetrack of the discovery well. Delineation of the field begins with side tracking to an up dip location in Upper Jurassic channel sands. With success at the first location, Sterling is planning a further sidetrack well targeting a down dip location to prove a deeper oil column in the structure.
Sterling currently holds a 39.9% interest in the Cladhan field and is operator in partnership with Wintershall (33.5%), Encore (16.6%) and Dyas (10%).
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