Endeavour's qualification makes it one of about 20 active companies qualified as operator or licensee in Norway.
"We are gratified that the Ministry of Petroleum and Energy has positively assessed our ability to enhance the value of Norway's natural resources," said John N. Seitz and William L. Transier, co-chief executive officers, responding to the announcement. "Endeavour is very excited about the exploration potential in Norway and intends to be an active participant in this sector."
Earlier this month, Endeavour was awarded nine production licenses covering 18 blocks off the coast of the United Kingdom in the North Sea. The company was restructured in early 2004 into an independent exploration and production company with a focus on the prolific energy-producing North Sea region.
Most Popular Articles