Netherlands: Offshore exploratory licenses awarded

March 5, 2012
Wintershall AG’s Noord Zee unit and the Netherlands unit of Sterling Resources Ltd., Calgary, have been awarded the E3 and F1 exploration licenses in the Dutch North Sea.

Wintershall AG’s Noord Zee unit and the Netherlands unit of Sterling Resources Ltd., Calgary, have been awarded the E3 and F1 exploration licenses in the Dutch North Sea.

The licenses, which total 792 sq km, are awarded for 4 years with a commitment to shoot 600 sq km of 3D seismic.