19. January 2022
OKEA ASA has been offered interests in four new production licences on the Norwegian Continental Shelf, three of which as operator, through the Awards in Pre-Defined Areas (APA) for 2021.
The awards announced today by the Ministry of Petroleum and Energy further strengthen OKEA’s portfolio of near-field exploration opportunities around its Draugen and Gjøa production hubs. The company now has interests in over 15 exploration-focussed licences.
The three new OKEA-operated licences are located in the Norwegian Sea. The fourth licence, to be operated by Spirit Energy, is located in the North Sea, north-east of the Aurora discovery.
‘’These new awards give OKEA a great opportunity to build further on the near-field exploration activities we have around Draugen, where we are drilling two wells this year, and the Gjøa area where we also operate the Aurora discovery’’, comments SVP Subsurface & Wells, Andrew McCann. ‘In addition, we have added acreage in the Norwegian Sea near our Mistral and Fagn exploration licences’’.
|Licence||Block(s)||Operator||Other partners||OKEA WI|
|PL1161||6407/6||OKEA ASA||M Vest||60%|
|PL1156||6407/11||OKEA ASA||Equinor, M Vest||40%|
|PL1150 S||35/8||Spirit Energy||Petrolia||30%|
For further information please contact
SVP Subsurface & Wells, Andrew McCann, + 47 415 07 726
VP Investor Relations, Trond Omdal, +47 915 32 578
OKEA ASA is a leading mid-to-late-life operator on the Norwegian continental shelf (NCS) with a current target production of 18 000 – 19 000 boe per day in 2022. OKEA finds value where others divest and has an ambitious growth strategy built on accretive M&A activities, value creation and capital discipline.
OKEA is listed on the Oslo Stock Exchange (OSE: OKEA).
More information is available at http://www.okea.no
OKEA webcast Q3 2022
OKEA ASA will release its third quarter 2022 results tomorrow Wednesday 26 October 2022 at 06:00 CET. A presentation of the results will be held the same day through…
Notification from shareholder BCPR
Announcement to the OSE. Please issue the following notification to the Oslo Stock exchange (“OSE”).