Madagascar : Ampasindava
Location: Offshore NW Madagascar, Indian Ocean
Area: 9,860 km2
Sterling Equity: 30%
Partners: Exxon 70% (Operator)
The production sharing contract (PSC) for Ampasindava is in its third phase of the exploration period with a minimum
work commitment of one exploration well. ExxonMobil (WI 70%, operator) and Sterling are unwilling to commit to
drilling an exploration well on the Sifaka prospect until political stability has been established. It is unlikely that an
exploration well will commence drilling before 2011.
