North Energy Strengthens Norwegian Licence Portfolio

Tuesday, August 04, 2009

North Energy AS have signed an agreement with Centrica Resources AS, where North Energy acquire a 12% stake in PL 433, located on the Halten Terrace. The licence is located immediately north of the Åsgard Unit and with a plan to drill one firm well in 2010. Centrica Resources AS is the Operator and PL 433 was awarded in the APA 2006.

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