OilVoice - Sussex Energy Awarded Three Exploration Licenses in the UKCS 25th Licensing Round

Sussex Energy Awarded Three Exploration Licenses in the UKCS 25th Licensing Round

Monday, November 17, 2008

Enovation Resources, an oil & gas exploration, development and production Company, announces that its wholly owned subsidiary, Sussex Energy Ltd, was awarded three exploration licenses covering four Blocks in the UKCS 25th Licensing Round.

The awards include 2 licenses in the West of Shetland and one in the Central North Sea:

1) 204/18a: 50% Sussex Energy, 50% Valiant Exploration (Operator)
Traditional Licence, 1 firm well commitment

2) 206/5b & 207/1b: 50% Sussex Energy, 50% Valiant Exploration (Operator)
Traditional Licence, 2D seismic commitment

3) 30/18c: 100% Sussex Energy (Operator)
Promote Licence

Commenting, Richard Morgan, Exploration Director of Enovation Resources, said:
“We are extremely pleased to have been awarded all of the licenses we applied for in the 25th UKCS round. These licenses are a key part of the future growth of the business”.

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