Sterling Energy names CEO

March 23, 2015

Sterling Energy Plc, an oil company with interests in exploration projects in Cameroon, Madagascar, Mauritania and Somaliland, has named Eskil Jersing as Chief Executive Officer (“CEO”) and a director of Sterling Energy Plc; the appointment is effective immediately.

Jersing, 51, has, during his 29 years long career to day, worked in Exploration, New Ventures, Strategy-Planning and Business Development roles of increasing responsibility in the world’s key Petroleum basins: North Sea, Deep Water Gulf of Mexico, Brazil, Africa, SE Asia and Australasia.

According to Sterling Energy, Jersing has led multi-disciplinary integrated teams, executed new country entries, secured major leasehold positions, in addition to discovering and monetising a number of oil and gas accumulations.

He holds a BSc in Geophysics from University College Cardiff and an MSc in Petroleum Geology from Imperial College London.

He started his career in the oil and gas industry in 1985 as a Field Seismologist with SSL in Papua New Guinea. From 1993 to 2009 he worked for Enterprise Oil (London, Aberdeen, Houston, and Brazil), and following the takeover, Shell International (Houston); initially as a Senior Geophysicist, moving on to be the Gulf of Mexico Exploration Strategy and Planning Manager and finally as the Gulf of Mexico Paleogene Exploration Manager.

In 2009 Jersing joined Marathon Oil (Houston) as their Exploration Manager (Conventional New Ventures) Worldwide and subsequently Apache Corporation (Perth) as Director Worldwide Exploration and New Ventures Asia Pacific. Most recently he was Head of New Ventures and Co-Head of Mergers & Acquisitions at Petrobras Oil & Gas BV (Rotterdam)

Alastair Beardsall, Sterling’s Chairman said: “I am very pleased to welcome Eskil as our CEO and as a member of our board; his specialist oil and gas experience, excellent business skills, and clear focused leadership will strengthen our ability to progress our existing exploration portfolio and identify new venture opportunities.”

Beardsall who has been undertaking the role of Interim CEO will continue to be Sterling’s Executive Chairman and will reduce his working time commitment accordingly.