Permit resource summary : Predesti field (OMV-Petrom) immediately adjacent. Gas shows in well throughout permit Permit exploitation phase: Exploration: Tertiary Canyon 'Play' Location: 20km south and west of regional oil & gas hubs Permit Area: 6518km2 Permit: Sud Criaova Ownership: Sterling Resources (Operator) - 60%
AuDAX Resources Ltd - 20%, Kairiki Energy Limited - 20%