Sterling announces discovery at Doina Sister

    CALGARY, Dec. 31 /CNW/ - Sterling Resources Ltd. (TSX-V: SLG)

    Offshore Romania: Sterling is pleased to report that the Doina Sister
well reached the current total depth of 1,275-metres on the 30th of December
2007. The top of the main Doina reservoir was encountered at 1,139-metres,
approximately 8-metres deep to prognosis. A 12-metre core was cut in the
reservoir section before drilling to total depth and commencing logging
operations. Good indications of gas were recorded during drilling of the Doina
main interval. Initial results from the first log indicate a high quality
21.5-metre net reservoir section between 1,139 - 1,167 metres with average
porosity of 26-percent. Further gas indications are noted down to 1,200 metres
and this lower section is being evaluated by the ongoing logging program.
    Based on the results to date, the decision to test has been made and test
results are expected by mid January. The Doina Sister prospect is an analogue
to the existing Doina gas discovery which tested gas at restricted rates of
17-million standard cubic feet per day. The established Doina gas trend forms
a small part of the offshore Midia Block XV which together with the Pelican
Block XIII cover approximately 1.1-million acres and contain several other
mapped structures. Sterling obtained 100-percent of the offshore blocks in
late 2006 and subsequently reached agreement with three companies to cover its
costs for drilling and testing the Doina Sister well plus a significant
portion of a second well. Sterling retains a 65-percent working interest in
the Blocks. As previously announced, and given future production from within
the Doina trend, Gemini Oil and Gas Fund II, L.P. will be entitled to payments
equal to a share of gross revenues from such production.
    Mr Stewart Gibson, CEO, said "The results from the Doina Sister well
support Sterling's long-term belief in the Midia and Pelican Blocks. It is
particularly pleasing, since taking over as operator a year ago, to be able to
progress activity in a manner commensurate with the potential prospectivity of
the area."

    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.

    Sterling Resources Ltd. is an international oil and gas company
headquartered in Calgary, Alberta.

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

    %SEDAR: 00002072E

For further information:

For further information: Visit or contact
either Ken J. Croft, Investor Relations, Phone: (403) 215-9265, Fax: (403)
215-9279, or Stewart G. Gibson, Chief Executive
Officer, Phone: 44-133082-6717, Mobile: 44-7768-042219,

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