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Sterling Energy PLC Ord 10P (SEY)

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18-Sep-2020 07:44 AM

Sterling Energy books loss; eyes acquisition opportunities

Oil company Sterling Energy booked a first-half loss as it continued to develop prospects in Africa and the Middle East. Pre-tax losses for the six months through June amounted to $0.87m, compared to losses of $0.60m on-year. Sterling said it continued
15-Apr-2020 09:32 AM

Sterling Energy books annual loss; eyeing acquisition opportunities

Oil company Sterling Energy booked a full-year loss as it continued to assist in the development of an exploration prospect in Somaliland. Pre-tax losses for the year through December amounted to $1.60m, compared to losses of $1.96m on-year. Cash resour
25-Mar-2019 09:04 AM

Sterling Energy posts annual loss as Mauritania asset winds down

Sterling Energy booked a narrower annual loss as it cut costs amid a fall in revenue at a key asset in Mauritania. Net losses for the year through December amounted to $2.0m, compared to losses of $9.0m on-year. During 2018, there was just one lift from
27-Jul-2018 07:47 AM

Sterling Energy books first-half loss after Mauritania exit

Oil and gas explorer Sterling Energy posted a first-half loss after its exit from the Chinguetti project in Mauritania sent revenue lower. Pre-tax losses for the six months through June amounted to $1,1m, narrowing from a loss of $2.2m as expenses were a
21-May-2018 09:10 AM

Broker Forecast - Peel Hunt issues a broker note on Sterling Energy PLC

Peel Hunt today reaffirms its add investment rating on Sterling Energy PLC (LON:SEY) and raised its price target to 16p (from 15.50p). Story provided by StockMarketWire.com Broker Forecasts data provided by www.sharesmagazine.co.uk...
26-Mar-2018 09:30 AM

Broker Forecast - Peel Hunt issues a broker note on Sterling Energy PLC

Peel Hunt today downgrades its investment rating on Sterling Energy PLC (LON:SEY) to add (from buy) and cut its price target to 15.50p (from 16p). Story provided by StockMarketWire.com Broker Forecasts data provided by www.sharesmagazine.co.uk...
22-Mar-2018 04:20 PM

Broker Forecast - Peel Hunt issues a broker note on Sterling Energy PLC

Peel Hunt today reaffirms its buy investment rating on Sterling Energy PLC (LON:SEY) and set its price target at 16p. Story provided by StockMarketWire.com Broker Forecasts data provided by www.sharesmagazine.co.uk...
08-Jan-2018 11:10 AM

Broker Forecast - Peel Hunt issues a broker note on Sterling Energy PLC

Peel Hunt today reaffirms its buy investment rating on Sterling Energy PLC (LON:SEY) and cut its price target to 18p (from 21p). Story provided by StockMarketWire.com...
06-Nov-2017 07:57 AM

Sterling Energy loss widens

Sterling Energy said third-quarter losses deepened as the Chinguetti oil field in Mauritania neared the end of its life. A net loss of $4.3m compared to a $420k loss in the 2016 third quarter. Production from Chinguetti, net to the company, averaged 18
02-Nov-2017 02:23 PM

Sterling Energy to exit Block C-10 offshore Mauritania

Sterling Energy has confirmed that the Operator, Tullow and Sterling through its wholly owned subsidiary Sterling Energy Mauritania, have submitted a notice to not enter the Third Renewal Period in relation to Block C-10, offshore Mauritania and exit the
28-Jul-2017 09:39 AM

Sterling Energy narrows loss

Sterling Energy (SEY), an upstream oil and gas company, narrowed its loss after tax to $2.2 million in the first half from $8.2 million a year earlier. Turnover rose from $1.3 million to $2.2 million. The company said the depressed oil price continues t
21-Jul-2017 10:10 AM

Broker Forecast - Peel Hunt issues a broker note on Sterling Energy PLC

Peel Hunt today reaffirms its buy investment rating on Sterling Energy PLC (LON:SEY) and raised its price target to 21p (from 19p). Story provided by StockMarketWire.com...
09-Jun-2017 01:09 PM

Sterling commences seismic campaign on Odewayne Block

Sterling Energy said that the Government sponsored 2D seismic campaign on the Odewayne Block has commenced. The campaign will satisfy the minimum work obligation for the current third period, for which Sterling is fully carried by Genel for all costs. T
25-Apr-2017 02:19 PM

All resolutions passed at AGM of Sterling

Sterling Energy has confirmed that, at today's Annual General Meeting, all shareholder resolutions were passed. At 2:19pm: (LON:SEY) Sterling Energy PLC share price was 0p at 15.25p Story provided by StockMarketWire.com...
30-Mar-2017 01:00 PM

Sterling Energy schedules AGM

Sterling Energy has confirmed that the Annual General Meeting of the Company is due to be held on 25 April 2017. At 1:00pm: (LON:SEY) Sterling Energy PLC share price was -0.12p at 15.63p Story provided by StockMarketWire.com...
22-Mar-2017 12:10 PM

Broker Forecast - Peel Hunt issues a broker note on Sterling Energy PLC

Peel Hunt today reaffirms its buy investment rating on Sterling Energy PLC (LON:SEY) and cut its price target to 19p (from 20p). Story provided by StockMarketWire.com...
20-Mar-2017 09:33 AM

Sterling Energy materially reduces FY pretax loss

Sterling Energy has materially reduced its FY pretax loss to $8.5m, from a year-ago loss of $15.9m, and flagged an intention to investigate possible acquisition or merger opportunities. "While the global oil price has seen a marked and what appears
20-Jan-2017 07:30 AM

Sterling Energy appoints chair, directors

Sterling Energy said that with immediate effect it has appointed Michael Kroupeev as non-executive chair, Leo Koot as the senior independent non-executive director and Ilya Belyaev as a non-executive director. Story provided by StockMarketWire.com..
18-Nov-2016 09:00 AM

Broker Forecast - Peel Hunt issues a broker note on Sterling Energy PLC

Peel Hunt today reaffirms its buy investment rating on Sterling Energy PLC (LON:SEY) and cut its price target to 19p (from 20p). Story provided by StockMarketWire.com...
13-Oct-2016 04:07 PM

Sterling Energy's chair, two directors quit

Sterling Energy said non-executive chair Nicholas Clayton and non-executive directors Keith Henry and Malcolm Pattinson have resigned with immediate effect due to strategic differences on the future direction of the company. CEO Eskil Jersing would assum
29-Jul-2016 09:30 AM

Broker Forecast - Peel Hunt issues a broker note on Sterling Energy PLC

Peel Hunt today reaffirms its buy investment rating on Sterling Energy PLC (LON:SEY) and cut its price target to 20p (from 22p). Story provided by StockMarketWire.com...
09-May-2016 07:36 AM

Sterling Energy completes withdrawal from Ambilobe

Sterling Energy said subsidiary Sterling Energy (UK) Ltd has completed its withdrawal from the Ambilobe block, offshore Madagascar. The holder of the production sharing contract for the Ambilobe block is now Pura Vida Mauritius (Operator). Story pro
27-Jul-2015 09:35 AM

Sterling Energy swings to H1 pretax loss

Sterling Energy has swung to a FY pretax loss of $1.45m, against a year-ago profit of $1.68m. Revenue was $3.6m, from $9.1m. At 9:35am: (LON:SEY) Sterling Energy PLC share price was -0.25p at 17.25p Story provided by StockMarketWire.com...
29-Apr-2015 12:16 PM

Sterling Energy passes AGM resolutions

Sterling Energy held its Annual General Meeting today at which all shareholder resolutions were passed. At 12:16pm: (LON:SEY) Sterling Energy PLC share price was +0.13p at 17.38p Story provided by StockMarketWire.com...
27-Apr-2015 01:03 PM

3D seismic under way at Ambilobe, says Sterling

Sterling Energy has confirmed that the planned 3D seismic survey of 1,250 sq km over a high-graded portion of the Ambilobe block, offshore Madagascar, has begun. The acquisition is being undertaken by CGG Services SA, on behalf of the Joint Venture Partn
 
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