I'm trying to edit a footage video with Premiere Pro CS6. The raw file is 1920x1080 HD shot with a wide lens camera. So I created a new project in Premiere Pro and I made a custom sequence using exactly the same numbers: 1920x1080
However, the result is not what one would expect. The resultant sequence has two black stripes on both sides of the video. I verified both the properties of the video file and the sequence and they both say 1920x1080 but you can see the result on the screen shot. The sequence is on the right with the black stripes on both sides. On the left, you can see the preview raw footage window that looks just fine... Obviously if I render out the video, what goes out is the one on the right and I do not want to have the black stripes on both sides but I can't get rid of them.
So my question is why is this happening and how can I fix it?