Paladin Completes Acquisition of North Sea Blocks

Paladin Resources' subsidiary, Paladin Expro Limited, has completed the acquisitions of Elf Exploration UK plc's 19.2366 percent non-operated interest in License P.357 (Block 22/19a) in the UK Central North Sea and a 32.59317 percent interest in the Licence from Nippon Oil Exploration and Production U.K. Limited.

Block 22/19a contains the Fiddich gas and condensate discovery, which lies approximately 20 km to the south east of the Paladin-operated MonArb Fields.

Partner interests in the License are: Paladin Expro Limited (operator) 51.82975 percent, NOEPUK 38.17025 percent and Noble Energy (Europe) Limited 10 percent.


Our Privacy Pledge

Most Popular Articles

From the Career Center
Jobs that may interest you
Technical Coordinator
Expertise: Client Representative|Process Management|Technical Writing
Location: Houston, TX
Executive Assistant
Expertise: Executive|Secretarial or Administrative
Location: United States
Regional Manager - Saybolt
Expertise: Executive|Operations Management
Location: Linden, NJ
search for more jobs

Brent Crude Oil : $51.78/BBL 0.77%
Light Crude Oil : $50.85/BBL 0.83%
Natural Gas : $2.99/MMBtu 4.77%
Updated in last 24 hours