Orcadian Energy Announces Acquisition of HALO Offshore UK Ltd
Source: www.gulfoilandgas.com 12/3/2024, Location: Europe
Orcadian Energy (AIM:ORCA) is pleased to announce that the Company has acquired all of the ordinary shares of HALO Offshore UK Limited ("HALO") from the joint liquidators of Hague and London Oil plc (in liquidation).
HALO has held a number of licences across the Southern North Sea, including participation in wells on Pegasus and Andromeda. Most recently, HALO held a licence over the depleted Schooner field. HALO does not currently hold any licences.
