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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: $0.06 | Change: $0.00 | %Change: 0.00%
Volume: 55,300 | Day High/Low: 0.06/0.055 | 52 Week High/Low: 0.52/0.05
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0 stars

Do Sterling gas i UKunsucessful to sell its romanian assets

The romanian asset was supposed to be sold ,but nothing only manipilation or blocked by fraud ... Another UK bankrupties, kingdom , fraudters ???  rate and reply
1 star

Sterling gas UK disclose possible gas discovery

Losing 93 % of its value Sterling gas could annonce new gas discovery if more money to explore its very huge property in UK and Britsh virgin island offshore bank prospect where gas price still high. ...read more
3.5 stars

RE:Where is Joseph Schacter when you need him??

Recent action suggests there is some doubt about the closing of the sale of the Romanian assets. The buyer is the Carlyle Group, and it seems they have lost a lot of money in their natural resources...read more
3 stars

Where is Joseph Schacter when you need him??

He has been the biggest fan of SLG for over the last ten years at least....Hopefully he has averaged down or else he has already gone broke trying...lol....best to all....PS...he was also a big fan of...read more
3.5 stars

RE:What Now? Are we out of financial Danger?

The assets have not been sold yet - read the press release carefully. Also, when they close the sale and receive the cash, it will not be enough to pay all the debt due. Anyhow, a step on the right...read more
2 stars

What Now? Are we out of financial Danger?

The assets have been sold so I assume we can make the loan payment.  Are we in good position now?  Is this a buy? Joseph Shachter on BNN said a few months back that when the loan problem gets...read more
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