Sterling Resources announces rig activity status in the North Sea and Romania



    CALGARY, Aug. 11 /CNW/ - Sterling Resources Ltd. ("Sterling") (TSX-V:SLG)
is pleased to report that it expects to receive the ENSCO 70 jack-up rig from
the previous operator during the week of August 11th to commence the three
well program in the Sterling operated Quad 42 area of the United Kingdom
Southern North Sea. Sterling is also pleased to announce that it has converted
its option for a second well using the Prometeu rig in the Romanian Black Sea
to a firm well commitment.

    United Kingdom

    Drilling activity is anticipated to begin in the Breagh Field area, which
Sterling operates with a 45-percent working interest, with a vertical well at
East Breagh (42/13-4). This well is designed to confirm reservoir extent and
potential significant upside to natural gas discovered and appraised in the
West Breagh area in conjunction with the recent 42/13-3 well completed by
Sterling during the 4th quarter of 2007. Following drilling of the East Breagh
well, a high angle/horizontal well is planned for West Breagh (42/13-5) to
further evaluate this part of the field. Once these two appraisal wells are
completed, the rig will move to Block 42/19 and drill the Airidh prospect
which is an undrilled shallower structure targeting the Triassic Bunter
formation.
    "These two appraisal wells will provide key information towards assessing
the economic viability of a major Breagh development program in terms of
hydrocarbon resource base and well performance. They will also add to our
understanding of further potential in the greater Breagh area. We are pleased
that Advanced Drilling Technology International (ADTI) will be providing
turnkey well management services on the ENSCO 70 rig, starting with East
Breagh", stated John Rapach, Vice President of Operations for Sterling.

    Romania

    Offshore drilling in the Black Sea using the Prometeu jack-up rig on the
Doina-4 appraisal well continues as previously announced. The second well
option has now been converted to firm status and this will lead to the
drilling of a second well on the Ana discovery (formerly known as Doina
Sister) which was drilled and tested by Sterling earlier this year.
    "These are exciting programs of appraisal and exploration drilling for
Sterling and we are pleased to be back drilling on both of our significant
discoveries in the UK and Romania. With the drilling of the Cladhan (Block
210/29a) well in the Northern North Sea also planned for the fourth quarter
using the Sedco 704 rig, it is by far the busiest period for the Company to
date", stated Stewart Gibson, Chief Executive Officer of Sterling. These plans
are based on completion of certain farmout or alternative arrangements and are
subject to change.

    Sterling Resources Ltd. is a Canadian listed international oil and gas
company headquartered in Calgary, Alberta, Canada with assets located in the
United Kingdom, Romania, and France. The shares are listed and posted for
trading on the TSX Venture Exchange under the symbol "SLG".

    The TSX Venture Exchange has not reviewed and does not accept
    responsibility for the adequacy or accuracy of this release.

    Forward-Looking Statements

    This disclosure contains certain forward-looking statements that involve
substantial known and unknown risks and uncertainties, certain of which are
beyond Sterling's control, including: the impact of general economic
conditions in the areas in which Sterling operates, civil unrest, industry
conditions, changes in laws and regulations including the adoption of new
environmental laws and regulations and changes in how they are interpreted and
enforced, increased competition, the lack of availability of qualified
personnel or management, fluctuations in commodity prices, foreign exchange or
interest rates, stock market volatility and obtaining required approvals of
regulatory authorities. In addition there are risks and uncertainties
associated with oil and gas operations, therefore Sterling's actual results,
performance or achievement could differ materially from those expressed in, or
implied by, these forward-looking statements. All statements included in this
press release that address activities, events or developments that Sterling
expects, believes or anticipates will or may occur in the future are
forward-looking statements. These statements include future production rates,
completion and production timetables and costs to complete wells, and
production facilities. These statements are based on assumptions made by
Sterling based on its experience perception of historical trends, current
conditions, expected future developments and other factors it believes are
appropriate in the circumstances.

    %SEDAR: 00002072E




For further information:

For further information: visit www.sterling-resources.com or contact:
George Kesteven, Manager, Investor Relations, Phone: (403) 215-9265, Fax:
(403) 215-9279, george@sterling-resources.com; Ian Hornby-Smith, Chief
Financial Officer, Phone: (403) 215-9264, Fax: (403) 215-9279,
ian@sterling-resources.com; Stewart G. Gibson, Chief Executive Officer, Phone:
44-133082-6717, Mobile: 44-7768-042219, stewart@sterling-resources.co.uk


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