10:04 AM EST - Sterling Resources Ltd. : announced that it has signed farm-in agreement with Wintershall (E&P) Limited to buy 25% working interest in U.K. Central North Sea Blocks 21/21, 21/22 and 21/27b. The agreement is based on Sterling's participation in the ongoing exploration program for these blocks. The company said that the initial focus will be the drilling of the Blakeney prospect on Block 21/27b, scheduled for July of this year. Sterling Resources Ltd.
shares V.SLG are trading up $0.02 at $2.18.
