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Successful Awards of 16 blocks in UKCS 24th round

Rocksource UK (“Rocksource”), a subsidiary in Rocksource ASA Group has been awarded 4 licenses covering a total of 16 blocks on the United Kingdom Continental Shelf (UKCS). Gregor Maxwell, VP Exploration in Rocksource comments;” This award marks a major milestone in the development of our exploration portfolio. We have been awarded all the licences we applied for in one of the most competitive UKCS Licensing Round to date. This proves that our exploration competence is well regarded both in the industry and by the authorities.”

The award consists of a Promote license for block 208/26 which Rocksource holds on a 100% basis, two Frontier licenses (11 blocks or part blocks) where Rocksource is in partnership with OMV (Operator) and Dana and a third Frontier license (4 blocks) with Talisman (Operator). This will give Rocksource access to prospective acreage in the UK together with established operators, and give us several opportunities to test prospects by using electromagnetic (EM) technology. We very much look forward to working in our new partnerships, and to contribute our exploration competence and EM technology.

Follow this link to read more: /Default.aspx?tabid=624&subtabid=625&subsubtabid=667

Further information on the award is available at the following link:
http://www.og.dti.gov.uk/upstream/licensing/24_rnd/index.htm

 

Oslo, 1.2.2007

Rocksource ASA


Trygve Pedersen  - CEO
+ 47 90 09 77 41

Published: 01.02.2007

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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

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