04:05 PM EST - Sterling Resources Ltd. : on behalf of its wholly-owned subsidiary Sterling Resources Netherlands BV, is pleased to announce that today operations commenced on the appraisal well on Block F17a in the Netherlands North Sea. The jack-up rig Maersk Resolute was put on contract on December 21, following weather related delays on the previous contract. Results of the well are expected around the end of January 2012. Sterling Resources Ltd.
shares V.SLG are trading even at $1.68.
