Fairfield Finishes Purchase of Dunlin

Following the announcement of exclusive negotiations with the sellers in June 2007, and signature of Sale and Purchase Agreements with Shell, ExxonMobil, Statoil, and OMV in December 2007, Fairfield Energy Ltd is pleased to announce the completion of its acquisition of interests in the Dunlin, Dunlin Southwest, Osprey and Merlin fields in the Northern North Sea.

Under terms of the transaction Fairfield Energy and partner Mitsubishi Corporation Exploration, have acquired all the equity in the greater Dunlin area from the previous owners.

Fairfield (70% and Operator) and Mitsubishi (30%) plan an extensive program of investment in the assets which provide the opportunity to grow production, add reserves and provide a host production and transportation facility for third party business.

Events  SUBSCRIBE TO OUR NEWSLETTER

Our Privacy Pledge
SUBSCRIBE


Most Popular Articles


From the Career Center
Jobs that may interest you
Account Manager - Levelland/Lubbock, TX Area
Expertise: Business Development|Production Operator
Location: Lubbock, tx
 
Account Manager - Levelland/Lubbock, TX Area
Expertise: Business Development|Production Operator
Location: Lubbock, tx
 
Project Coordinator, Pipeline Construction
Expertise: Project Management
Location: Spring, TX
 
search for more jobs

Brent Crude Oil : $50.56/BBL 0.15%
Light Crude Oil : $47.7/BBL 0.70%
Natural Gas : $3.05/MMBtu 1.32%
Updated in last 24 hours