Fairfield Cinches 50% Acquisition of Southern North Sea Block
Fairfield Energy has announced that its subsidiary, Fairfield Cedrus Ltd, has completed the acquisition of 50% of Block 48/13c from GasPlus.
Mark McAllister, Fairfield's CEO, commented, "Following on so quickly after our purchase of the Clipper South Discovery Area from Shell and ExxonMobil, the acquisition of this nearby acreage is an important step in continuing to grow our core area in the Southern North Sea Gas Province. We will continue to look closely at opportunities in this area with a view to further building Fairfield's position."
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