Project Profile
Value: Undisclosed
Location: Norway
Reserves: unknown
Area: 21,956 square kilometres
Start-up Year: -
PL 143 was awarded on 08.07.1988 with expiration date of 08.07.2027. The license covers 21,956 square kilometres and is operated by ConocoPhillips. Current focus is on the Pelikan Triassic prospect. StatoilHydro Petroleum AS transferred its 15 per cent stake in the permit to ConocoPhillips Skandinavia AS on 1.7. 2008 while BG Group reached on an agreement with Paladin Resources plc to acquire its 30 per cent in PL 143. ConocoPhillips became the operator, holding 50 per cent, with other participants including Talisman and BG Group.
Operators:
ConocoPhillips Skandinavia AS: Operator with 50% interest
BG Norge AS: 40% interest
Talisman Energy Norge AS: 10% interest