Project Profile
Value: Undisclosed
Location: Central North Sea, UK
Relinquishment date: 26th February 2016
License P.1948 covers blocks 29/7c, 12, 13 and 14 in the UK Central North Sea and includes the Shipley and Forwood Prospects. The P.1948 licence is operated by Endeavour Energy UK, with partners Faroe Petroleum, First Oil and Gas and Oyster Petroleum. A number of leads have been identified at both Palaeocene and Jurassic levels. The licence work programme involves obtaining and reprocessing 2D seismic data and additional geotechnical studies, prior to making a drill or drop decision.
Operators:
Endeavour Energy UK: Operator with 25% interest
Faroe Petroleum UK: Operator with 25% interest
First Oil and Gas Ltd: Operator with 25% interest
Oyster Petroleum: Operator with 25% interest