Britain’s Oil and Gas Authority has awarded Finder Energy a 100% interest in the P2528 license in the UK central North Sea, under the 32nd UK offshore licensing round.
(Courtesy Finder Energy)
Offshore staff
PERTH, Australia – Britain’s Oil and Gas Authority has awarded Finder Energy a 100% interest in the P2528 license in the UK central North Sea, under the 32nd UK offshore licensing round.
The concession covers a 454-sq km (175-sq mi) area on the southern edge of the South Halibut basin, and is a short distance southeast of the CNOOC-operated Buzzard oil field.
According to Finder, the main prospect on the license is Whitsun, targeting the same Upper Jurassic reservoir that hosts Buzzard.
There are four other prospects and leads and a small oil discovery.
