---------------------------------- 1540 **************** STERLING IN TEXAS GAS AND OIL DISCOVERY FT. LAUDERDALE, Fla, March 4 - said it successfully drilled and completed a significant development well 65 miles southwest of Houston, Texas. The well has a choke of 11/64 of an inch and is 10,097 feet deep. The well initially tested at a maximum daily flow rate of two mln cubic feet of gas and 304 barrels of condensate. Participants in the new well, along with Sterling, are Trafalgar House Ltd of the U.K. and <Texstar NOrth America Inc.>