Sterling Energy plc operates in the Crude petroleum and natural gas sector. Sterling Energy Plc (Sterling) is an upstream oil and gas company. Sterling is an operator of international licenses with a focus on projects in Africa and the Middle East. The Company has projects in Kurdistan, Madagascar and Cameroon. During the year ended December 31, 2010, Sterling's primary focus was the drilling activity at Sangaw North-1; an exploration well testing a large prospective structure in the Kurdistan autonomous region of Iraq. On February 1, 2010, the Sangaw North-1 exploration well, which is to be drilled on the Sterling operated Sangaw North Block, was spudded. The Ntem concession area is a deepwater block situated in the southern Douala/Rio Muni Basin and lies adjacent to the northern maritime border of the Rio Muni province of Equatorial Guinea. Sterling's Ambilobe and Ampasindava blocks are located in the deepwater basin offshore north-west Madagascar. On May 13, 2010, the Iris Marin Production Sharing Contract (Sterling 32% WI) expired. In our complete report available for purchase the company is compared to: Global Energy Development PLC, Faroe Petroleum PLC and Serica Energy Plc.