Friday, February 03, 2012 12:30:45 PM
Sterling Energy Resources came out of bankruptcy last year, November 2011. The company paid off all of its debts (bank loan and A/P) by selling off some of its property. There are financial statements available for 2009 and 2010 if you write to the company. I got a copy and hope that financial statements for 2011 are available soon.
The old web site for sterling at http://www.sterlingenergyresources.com/ is not active at the moment but hopefully, now that the bankruptcy is over it will be put back up again.
There was no change to the old shares and the stock symbol is SGER again. (While the company was in bankruptcy the stock symbol was SGERQ, but if you held onto shares throughout the bankruptcy you should see them in your account as SGER again.)
I wrote to them asking if there was going to be a program put in place to drill on all of the possible well locations with the existing properties. I hope that with oil at $100 per barrel that it would make sense.
Louis.
Bantec Reports an Over 50 Percent Increase in Sales and Profits in Q1 2024 from Q1 2023 • BANT • Apr 25, 2024 10:00 AM
Cannabix's Breath Logix Alcohol Device Delivers Positive Impact to Private Monitoring Agency in Montana, USA • BLO • Apr 25, 2024 8:52 AM
Kona Gold Beverages, Inc. Announces Name Change to NuVibe, Inc. and Initiation of Ticker Symbol Application Process • KGKG • Apr 25, 2024 8:30 AM
Axis Technologies Group and Carbonis Forge Ahead with New Digital Carbon Credit Technology • AXTG • Apr 24, 2024 3:00 AM
North Bay Resources Announces Successful Equipment Test at Bishop Gold Mill, Inyo County, California • NBRI • Apr 23, 2024 9:41 AM
Epazz, Inc.: CryObo, Inc. solar Bitcoin operations will issue tokens • EPAZ • Apr 23, 2024 9:20 AM