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Sterling extends 3D seismic coverage offshore Romania
Sterling Resources has completed a 3D seismic survey over a portion of the Luceafarul block in the Black Sea offshore Romania. This should lead to drilling of an exploration well on a prospect on the block toward the end of 2014.
The seismic vessel is now acquiring a 3D survey over the Ana/Doina trend in Midia, another Sterling-operated block.
Later this year the company plans to acquire more 3D seismic over the large Ioana prospect, where a well was drilled in 2012, and over the Eugenia discovery in the Pelican block. For operational reasons the current acquisition contract could not be extended for these two programs.
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I think the 3D survey is good for Romania.