MPX North Sea and Carrizo Oil & Gas have completed a farm-out of UK North Sea license P1659 (block 20/7) to Nexen Petroleum UK and Agora Oil & Gas (UK).
Offshore staff
GUILDFORD, UK – MPX North Sea and Carrizo Oil & Gas have completed a farm-out of UK North Sea license P1659 (block 20/7) to Nexen Petroleum UK and Agora Oil & Gas (UK).
This follows approval from Britain’s Department of Energy and Climate Change.
The partners have agreed to drill a well to test the Bardolph prospect, which should spud this summer.
Revised block interests are Nexen (51% and new operator), Agora (19%), MPX (15%), and Carrizo Bardolph UK.