Project Profile
Value: US$50-150 million
Location: Blocks 2/1, 7/12, 8/10 - North Sea, Norway
This licence was awarded under the APA 2015 licensing round. The Katie Prospect is an Ula sandstone prospect. The Katie Prospect is located in the Central Graben (NO), between the Tambar and Gyda Fields to the south west, the Ula Field to the north and the Butch development to the east.
Operators:
Centrica Resources (Norge) AS: Operator with 30% interest
Faroe Petroleum: 40% interest
Wellesley Petroleum AS: 30% interest