Sterling Resources Plans To Invest $500M In Black Sea Blocks

06.23.2011 By Andrei Cîrchelan

Canadian Sterling Resources needs to invest some $500 million in its Midia and Pelican blocks in the Romanian shelf of the Black Sea, and the money can be obtained without any problems, Sterling Romania's general manager Mark Beacom said Thursday.

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Keywords:
STERLING RESOURCES
, BLACK SEA
,