BNET Industries
Last Fiscal Year Sales:$81.0M
- Public
- UK
Dow Jones Description
Sterling Energy plc was formed in October 2002 by the reversal of Sterling Energy Limited into Lepco plc, following which it was renamed Sterling Energy plc. The company is listed on the Alternative Investment Market (AIM) of the London Stock Exchange (Symbol: SEY).
Number of Employees 72
Peer Companies
NAICS Code Support Activities for Oil and Gas Operations: 213112
Recent Events
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UPDATE 1-Sterling Energy H1 loss widens, to sell U.S. business
News & Analysis
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sterling energy plc. - All News and Analysis
Island rises on storage hopes
Island Oil & Gas climbed 3.7 per cent to 7??p on hopes its gas fields would be worth much more if used as storage. Island last month put the two mature Celtic Sea fields up for sale in order to focus on Moroccan exploration. The offshore developments are neighbours of...
Research and Markets: An Analysis of Sterling Energy's plc Oil and Chemicals Storage Operation: Providing Data on International Terminals & A Detailed Company Overview
DUBLIN, Ireland -- Research and Markets (http://www.researchandmarkets.com/research/25d6a9/sterling_energy_pl) has announced the addition of the "Sterling Energy plc Oil and Chemicals Storage Operation Asset Summary Report" report to their offering. Sterling Energy plc Oil and Chemicals Storage Operation Assets Summary Report is an essential source for company data and information. The...
Sterling Energy Resources Announces Acquisition of the Brown & Thorp Waterflood Unit in Pecos County, Texas
OVERLAND PARK, Kan. -- STERLING ENERGY RESOURCES, INC. (Pink Sheets:SGER) announced today the acquisition of the Brown & Thorp Waterflood Unit located in Pecos County, Texas. The 2,140 acre unit currently produces 110 BOPD from 29 producing wells and 13 injection wells. Oil production is from the Clearfork formation at...
Sterling Energy Completes Acquisition of Whittier Energy
HOUSTON -- Whittier Energy Corporation announced that Sterling Energy plc has completed the acquisition of Whittier Energy today following approval by Whittier's shareholders yesterday. As a result of the merger, Whittier shareholders are entitled to receive $11.00 in cash for each share of Whittier Energy common stock. Information regarding...
Whittier Energy Stockholders Approve Merger with Sterling Energy
HOUSTON -- Whittier Energy Corporation (NASDAQ:WHIT) announced today that the proposed merger with Sterling Energy plc was approved at the special meeting of stockholders held today in Houston, Texas. The merger is expected to close tomorrow, March 28, 2007. Whittier announced that, based upon the preliminary tally of shares...
Sterling Energy's move on whittier.
Sterling Energy is acquiring Nasdaq-traded oil and gas company Whittier Energy for $145m (GBP74m) plus the assumption of $43m (GBP22m) in liabilities. Whittier operates projects in Texas and Louisiana, and also has other minor interests elsewhere. It will add just under 8m barrels of...
Whittier Energy Agrees to be Acquired by Sterling Energy PLC.
M2 PRESSWIRE-22 January 2007-Headline Maker: Whittier Energy Agrees to be Acquired by Sterling Energy PLCC1994-2007 M2 COMMUNICATIONS LTD RDATE:22012007 Whittier Energy Corporation (NASDAQ:WHIT) is an independent oil and gas exploration and production company headquartered in Houston, Texas, with operations in Texas,...
Whittier Energy Confirms Discussions With Sterling Energy plc Regarding Possible Acquisition
HOUSTON -- Whittier Energy Corporation (NASDAQ:WHIT) confirmed today that it is engaged in discussions with Sterling Energy plc (LSE:SEY.L) regarding a potential acquisition of the Company by Sterling. The Company said that there can be no assurance that these discussions will result in any transaction. The Company said that...
Whittier Energy Agrees to be Acquired by Sterling Energy PLC for Approximately $188 Million
HOUSTON -- Whittier Energy Corporation (NASDAQ:WHIT) announced today that it has entered into a definitive merger agreement with Sterling Energy plc (LSE:SEY.L) under which Sterling will acquire all of the outstanding shares of Whittier for $11.00 per share in cash resulting in aggregate merger consideration payable to Whittier equity holders...
STERLING ENERGY (SEY).
Sterling's investors have had a rum old time of it in the past few weeks. Broadly speaking, though, according to finance director Graeme Thomson, the institutions are happy, with profits up and the company turning an GBP8m net debt into GBP5m net cash in the past six...
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