see this for edeting this templet

Orsted Blogger Template/Theme is very professional looking blogger template that is converted from word press theme to blogger with great effort. It has all things you are looking for like Clean read more style posting, social bookmarking button, ad banner , Google navigation bar two on top and one on bottom, subscription box, and more..
Template Information
Template Type : Blogger Template
Template Name : Orsted Blogger Template
License : Free Template + Creative Common License
Wp designer- wpcorner
Features

• Fixed width, widget-ready and gravitas-ready
• Tested on Firefox, IE6, Opera, Safari.
• Beautify your blog using Post text
• Ready for Google Analytics, Adsense and Webmaster Tools
• Thumbnail posting
• Read more
• Top navigation menu
• sidebar Social Widgets
• Sidebar Advertisement Banner
• Top Ad banner
• Social widget + Sexy Bookmark Widgets
• Recent Posting
• Youtube video
• Blog name Logo Style

How to install this template

• First you have to install this template in your blogger account.
• Go to your blogger layout and click on edit html tab.
• Now just download your previous template and upload this new template to it.

How to edit navigation bar No 1.

• Just stay on html page and find these codes with ctrl + F.
• Just search for

<div id='header'>

• Exchange your link with # and title with your title .

How to edit Featured bar .

• Just stay on html page and find these codes with ctrl + F.
• Just search for
  

  <div id='featured'>

• Now edit these link like

<li><a href='Your link here><img alt='Your content here' src='Your image source here'/></a></li>
How to edit Ads

• Go to layout and click on edit html tab
• Now search for these codes
  

  <div class='ads'>

• Change your sponsors banner with image link and url.