Sterling Resources Ltd. (Sterling) is an energy company engaged in the acquisition of petroleum and natural gas rights, and the exploration for, and the development and production of, crude oil and natural gas. The Company operates primarily in the United Kingdom, Romania, the Netherlands and France. The Company has three key projects: Breagh, Cladhan and Ana/Doina. As of December 31, 2011, the Company drilled six wells in East Breagh and Grian, and four wells in Cladhan. The Company�s three subsidiaries include Sterling Resources (UK) Ltd., Midia Resources SRL and Sterling Resources Netherlands B.V. On March 4, 2011, the Company announced the drilling of appraisal well 42/13a-6 in the Breagh Field located in the SNS. On March 22, 2012 the Company�s wholly owned subsidiary in Romania had obtained 40% interest in the 1000 square kilometer Romanian Black Sea concession Block 27 (Muridava).