Revus Wins Block in 19th



Revus Energy announced that it won a license in the Norwegian Ministry of Petroleum and Energy's 19th licensing round on Friday.

The awarded license includes part of block 6202/12, in which Revus has 30 percent interest and operator BG has 70 percent. The block is adjacent to North Sea License PL 372S with the same partnership group and interests.

"Revus applied only for one license in this round, the majority of the areas on offer being outside of our primary business focus areas," said Tim Sullivan, Revus' CEO. "Revus has been awarded licenses in every round that it has participated in since it was formed in 2002, and now participates in 29 licenses on the Norwegian Continental Shelf."

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