Sussex Energy awarded UKCS blocks

Offshore staff

LONDON -- Sussex Energy has been awarded three exploration in the UKCS 25th Seaward licensing round, covering four blocks.

The awards include two licenses in the West of Shetland and one in the central North Sea.

1) 204/18a: 50% Sussex Energy, 50% Valiant Exploration (Operator)
Traditional License, one firm well commitment

2) 206/5b & 207/1b: 50% Sussex Energy, 50% Valiant Exploration (Operator)
Traditional License, 2D seismic commitment

3) 30/18c: 100% Sussex Energy (Operator)
Promote License.

According to the company, license 206/5b and 207/1b are two adjacent blocks within an existing discovery trend containing entirely new prospects of material size. License 30/18c is immediately adjacent to the company's existing 30/19b license. The two licenses together encompass a significant chalk prospect, the company says.

11/26/2008