Dana Petroleum is understood to be targeting two mature UK North Sea prospects after securing several blocks in the most recent licensing round.
32nd licensing round
Deltic Energy said the company is largely “insulated” from the impact of Covid-19 thanks to the financial benefits of Shell farm-outs last year.
The Oil and Gas Authority (OGA) has offered for award 113 licence areas over 259 blocks or part-blocks to 65 companies in the 32nd Offshore Licensing Round.
Australia’s Talon Petroleum has announced plans to boost its acreage in the UK North Sea.
The Oil and Gas Authority (OGA) has launched the UK’s 32nd offshore licensing round as the industry seeks to restore exploration activity.