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Sterling Resources Ltd V.SLG

Sector: Energy | Sub-Sector: Oil & Gas E&P
Alternate Symbol(s):  SGURF

Sterling Resources Ltd is engaged in the exploration, appraisal and development of crude oil and natural gas in the United Kingdom, Romania, the Netherlands and France.
Price: $0.18 | Change: +$0.015 | %Change: +9.09%
Volume: 802,500 | Day High/Low: 0.18/0.17 | 52 Week High/Low: 0.65/0.125
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1.5 stars

Hold on!

If they did not approve the amendments that would be a disaster. Now we need the Romainian sale to close. As far as the 14%, it is not what it seems. I am not going to try to explain it, just call...read more
1.5 stars

Paying 14% interest ????

How is paying 14% interest on the bonds a good thing? What a disaster.  rate and reply
2.5 stars

news

CALGARY, May 8, 2015 /CNW/ - Sterling Resources Ltd. (TSX-V: SLG) ("Sterling" or the "Company" together with its subsidiaries the "Group") is pleased to announce that the holders ("Bondholders") of...read more
0 stars

HALT???

Question....Halt....Good or Bad News? This could be really big news!  rate and reply
0 stars

halted

IIROC Trade Halt - Sterling Resources Ltd.   newsfile             Vancouver, British Columbia--(Newsfile Corp. - May 8, 2015) - The following issues have been halted by IIROC:       ...read more
1.5 stars

What Happens Now???

In plain English...what is the status of the debt payment to creditors?  I know they couldn't make the payment April 30th.  The recent release states that they are meeting with Bondholders to...read more
1 star

RE:The sale of Breagh by DEA

Check out Altima Resources .  V.ARH big deals in the works with Whistler. Next well to be spuded right away to kick off the 2015 drill season  coupled With 4 new holes + pads to be drilled and 3 new...read more
3.5 stars

The sale of Breagh by DEA

DEA is Sterling's majority interest partner in the Breagh gas field. DEA is a subsidiary of  RWE, a German utility, with interests in oil and gas in several countries. RWE recently closed the sale of...read more
1 star

Kosmos could be the one to takeover all this with NUK...

Sure there is need to explore more territory near Marocco with Kosmos offer much very promising discoveries in long term. Big lack of larger vision , hostile takeover possibly the only project.  rate and reply
2.5 stars

RE:APRIL 30th...

Stock seems to be trading like if there is a major deal in the works... I can't help quote the CEO on this (see press release concerning the sale of the Romanian interests): "We expect that this...read more
4.5 stars

RE:APRIL 30th...

Not sure if it will be as extreme as whether they will exist anymore.  What has happened is they sold an asset because of debt obligations (to satisfy covenants of loan/bond agreements).  The problem...read more
2.5 stars

APRIL 30th...

We will know on this date whether this will continue to be a company or not........  rate and reply
2.5 stars

I had a talk with investor relation today

Very nice people at this company in Vancouver. He told me that 80% of the stock is institutionally owned?They are trying to sell assets in Romania  to raise money.There is a debt that has to be paid...read more
1 star

New kid

I'm thinking of taking a large position in SLG after watching Josef Schacter on BNN...I'd love some positive feedback if there is any here...Thank you  rate and reply
0 stars

RE:Nope - Not headed for 2 or 3 cents

And the fact that the sale of their partner RWE-DEA to Russian interests is being met with opposition by the British government does not help a sale of a portion of Sterling's interest in the Breagh...read more
4 stars

Nope - Not headed for 2 or 3 cents

Gemini settled for less money than they could have asked for. They must know that the shares they are getting provide value. The company is in better shape having dumped Romania. Unfortunately we...read more
1.5 stars

RE:sale of Romanian assets

This company is a disgrace. Talk about governance, transparency...who knew about the arrangement with Gemini Oil & Gas fund? This is looking bad, very bad, with so many shares, shrinking assets, no...read more
3.5 stars

sale of Romanian assets

CALGARY, March 26, 2015 /CNW/ - Sterling Resources Ltd. (TSX-V: SLG) ("Sterling" or the "Company") is pleased to announce that it has entered into an agreement (the "Romanian Sale Agreement") to sell...read more
4.5 stars

Cladhan heads for summer start-up in North Sea

Cladhan heads for summer start-up in North Sea 01/15/2015   Offshore staff CALGARY, Canada – Sterling Resources says the second production well...read more
4.5 stars

RE:Dec 12 th closing fast

I do not think the issue is selling part of an asset. I think the issue is the price that they get for it. If they get a good enough price it could be a major plus. It takes capital to develop assets....read more