Rocksource ASA awarded licence on NCS
In the Norwegian APA 2006 Licensing Round announced yesterday by the Ministry of Petroleum and Energy, Rocksource ASA was awarded a 35% interest in the North Sea block 31/8, south of the giant Troll Field. The block will be operated by E.ON Ruhrgas Norge AS with Rocksource ASA and Aker Exploration ASA completing the partnership. The block ownership consists of:
E.ON Ruhrgas Norge AS (Operator) 50%
Rocksource ASA 35%
Aker Exploration ASA 15%
This block was the first priority in our application and the work commitment for the initial exploration phase is to acquire an electromagnetic survey in 2007. In addition to this award, Rocksource ASA still has joint license applications from the APA 2006 under consideration by the Norwegian Ministry of Petroleum and Energy. Please refer to the statement from the OED for further details.
Gregor Maxwell, VP Exploration of Rocksource ASA comments: “We are very pleased to receive this award and the significant owner interest in the license which we ranked at the top of our list. This is Rocksource’s first award in Norway and we are looking forward to working within the partnership later this year applying our proprietary EM technology. The award confirms that our competence is attractive for other companies and we will continue to work on building our NCS portfolio through 2007”.
Link to Award Announcement from OED:
http://odin.dep.no/oed/english/news/press_releases/026031-070491/dok-bn.html
Oslo, 30.1.2007
Rocksource ASA
Trygve Pedersen- CEO
+47 90 09 77 41
Published: 30.01.2007
Contact Information
Address:
Thormøhlensgate 53 D
Postboks 994 Sentrum
N-5808 Bergen
Norway
| Phone: | +47 05369 |
| From abroad: | +47 21 49 32 69 |
| Fax: | +47 55 36 87 98 |
Per Anders Muri
VP Corporate Communications
Phone: +47 91 11 61 21
per.anders.muri@rocksource.com