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3 years ago
BRIEF-Sterling Energy updates on Premier Oil's interests offshore Mauritania
February 9, 2015 / 12:51 PM / 3 years ago

BRIEF-Sterling Energy updates on Premier Oil's interests offshore Mauritania

Feb 9 (Reuters) - Sterling Energy Plc :

* Disappointing that Sterling will not benefit from a royalty linked to Premier's participation in a development of Banda, TIOF and/or Tevet-chairman

* Premier's exit does not affect entry into phase 2 of psc c-10 by Tullow Oil, Société Mauritanienne Des Hydrocarbures Et Du Patrimoine Minier

* Other than Chinguetti, co doesn't expect royalty pacts to apply to other discoveries,developments related to psc a, psc b or psc c-10 Source text for Eikon: Further company coverage: (Bengaluru Newsroom: +91 80 6749 1136)

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