Rocksource Farms In to License in Norwegian Sea

Source: www.gulfoilandgas.com 9/12/2012, Location: Europe

Rocksource ASA announces that the Company has entered into a farm-in agreement for a 15 per cent stake in a Production License in the Norwegian Sea. The license partnership is expected to take a drill or drop decision later this fall. If a positive drill decision is reached, an exploration well could be drilled in 2013.

The license includes low to medium risked prospectivity, mapped by Rocksource as oil prospects. A potential discovery could be tied back to existing, nearby infrastructure.

More details on the specific license and prospect details will be announced in due course. A final agreement is pending government approval.


Ivory Coast (Cote D'Ivoire) >>  2/27/2024 - The Board of Directors of VAALCO Energy, Inc. notes the recent media speculation in Africa Intelligence and confirms that the Company is in discussion...
United Kingdom >>  2/27/2024 - Orcadian Energy (AIM: ORCA), the North Sea focused oil and gas development company, is pleased to announce its unaudited results for the six months en...

United States >>  2/27/2024 - RB Global, Inc. (NYSE: RBA) (TSX: RBA), the trusted global marketplace for insights, services and transaction solutions for commercial assets and vehi...
Canada >>  2/26/2024 - Denison Mines Corp. ("Denison") (TSX: DML) (NYSE American: DNN) is pleased to announce that it has completed an acquisition of fixed and mobile MaxPER...

United Kingdom >>  2/26/2024 - Further to the RNS issued on 23 November 2023, Serica Energy plc (AIM: SQZ) announces the completion of the acquisition by its wholly owned subsidiary...
United Kingdom >>  2/26/2024 - Jersey Oil & Gas plc (AIM: JOG), an independent upstream oil and gas company ?focused on the UK Continental Shelf region of the North Sea, is pleased ...

Related Categories: Accounting, Statistics  Acquisitions and Divestitures  Asset Portfolio Management  Economics/Financial Analysis  General  Industrial Development  Insurance  Investment  Mergers and Acquisitions  Risk Management 

Related Articles: Accounting, Statistics  Acquisitions and Divestitures  Asset Portfolio Management  Economics/Financial Analysis  General  Industrial Development  Insurance  Investment  Mergers and Acquisitions  Risk Management 


Gulf Oil and Gas
Copyright 2023 ICT All rights reserved. - Terms of Service - Privacy Policy.