Recent Deals...

Sale of various interests in Greater Breagh Area, Southern North Sea

(26 Aug 2009)

Client : Sterling Resources Limited

We acted for Sterling Resources (UK) Ltd in the sale to RWE Dea UK SNS Limited of a 15% interest in Blocks 42/13a and 42/12a (covering the Breagh gas discovery) and various percentage interests in surrounding exploration Blocks.  The sale and purchase documentation was signed in July 2009, with completion taking place on 26 August 2009.  Sterling Resources (UK) Ltd continues to hold a 30% interest in all of the Blocks to which the sale relates.

People involved...

E-mail: RMClarkson@paull-williamsons.co.uk
CV: Robin M Clarkson

E-mail: MMGibson@paull-williamsons.co.uk
CV: Margaret M Gibson

E-mail: JKennedy@paull-williamsons.co.uk
CV: John Kennedy

E-mail: CJAnderson@paull-williamsons.co.uk
CV: Claire Anderson

E-mail: RAMackay@paull-williamsons.co.uk