OilVoice - Aker Exploration Withdraws Application for Exploration Licence in Iceland

Aker Exploration Withdraws Application for Exploration Licence in Iceland

Tuesday, July 21, 2009

The National Energy Authority reports that a letter from Aker Exploration AS states that due to a change in company strategy, they have decided to withraw their application for a hydrocarbon exploration and production licence according to the the First Licensing Round 2009 on the Dreki Area.

The closing date for the First Licensing Round for the northern Dreki area was May 15th 2009. The National Energy Authority (NEA) of Iceland received applications from;

• Aker Exploration
• Sagex Petroleum and Lindir Exploration

The application from Sagex Petroleum and Lindir Exploration is still being processed.

In addition, on June 5th 2009, the NEA granted the USA company ION GX Technology prospecting license in the northen part of the Dreki area.

Review all our latest Licensing news