Oranje-Nassau Energie agrees to acquire Sterling Resources (UK) Ltd.

3 March, 2017 - Amsterdam based Oil and Gas producer Oranje-Nassau Energie B.V. (“ONE”) announced today that it has signed a sale and purchase agreement with Calgary, Alberta based Sterling Resources Ltd. (“Sterling”) and its wholly-owned UK subsidiary SRUK Holdings Ltd, to acquire the entire issued share capital of Sterling Resources (UK) Ltd (“SRUK”) for a consideration of US$163 million in cash.

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