Well Update

17 Apr 2007 15:54

Sterling Energy PLC17 April 2007 17 April 2007 STERLING ENERGY PLC ("Sterling") WELL TEST REULTS FROM GUINEA BISSAU Sterling Energy, the AIM listed (symbol: SEY) independent oil & gas explorationand production company, notes the announcement made earlier today by Premier Oilplc ("Premier Oil") about the Eirozes-1 well in Guinea Bissau, reproduced below. Extract from the Premier announcement: "The Eirozes-1 well has been drilled to a total depth of 2,252m. The wellencountered Albian sandstones as prognosed. However, wireline logging has beencompleted and indicates the well has not encountered any significanthydrocarbons. The well is now being plugged and abandoned." Sterling has a 5% interest in the Esperanca permit on which the well wasdrilled. For further information contact: Sterling Energy plc (+44 1582 462 121)Harry Wilson, Chief ExecutiveGraeme Thomson, Finance Director Citigate Dewe Rogerson (+44 207 628 9571)Media enquiries: Martin Jackson / George CazenoveAnalyst enquiries: Nina Soon www.sterlingenergyplc.com Ticker Symbol: SEY This information is provided by RNS The company news service from the London Stock Exchange