Sterling reached a deal with Australia's Jacka Resources last year to pick up an extra 15% interest in the block for a total cash consideration of $15 million.
On Monday, Jacka said it had received the necessary government approvals for the deal to move ahead, adding it expected the farm-in to be completed “in the coming days”.
The farm-in agreement between Sterling and Jacka followed on from an earlier deal for Sterling to gain half of Petrosoma's 20% interest in the Odewayne Block.
The
