Sterling say cash flow will increase by 400% in 2006

But not too far down the road:

"In Madagascar, where Sterling has a 30% carried interest and remains as operator after farming-out to ExxonMobil, a 2,500+km 2-D seismic survey is expected to be brought forward by a year into 2006. This follows encouraging early reviews of the 34,000 sq km blocks."

Oil has been washing up on the beaches of Madagascar for years. I think this area is pretty interesting to say the least.


Plenty of other companies are interested too...