EnCore EnCouraged by 13th UK Onshore Licensing Round Award

EnCore Oil plc has been offered a license, PEDL240, in the 13th Landward Licensing Round. EnCore's equity in the license will be 7.5%. Northern Petroleum will be the operator.

The license is located on blocks SZ38 South and SZ48 West South on the Isle of Wight. The award of this license is subject to the usual regulatory approvals.