NCS Exploration
Rocksource currently holds 9 licenses offshore Norway consisting 18 blocks or part blocks. The company was awarded Norwegian licenses for the first time in APA 2006 where it was awarded two licenses, PL 416 and PL 441. A further 3 licenses were awarded in 2008 following the APA 2007 (PL 451, PL 456 & PL 480). This includes Rocksource’s first NCS operatorship (PL456) which was awarded after the company pre-qualified as a production operator in December 2007. Following APA 2008 a further two licenses were awarded in December 2008. These are PL506S and PL515, which are both operated by Rocksource.
On the 30th April 2009, Rocksource was awarded 3 further licences on the NCS. These licenses were all tested with CSEM in 2007, in preparation for the round and represent the high graded blocks resulting from that screening process. Each block contain low risk, high value prospectivity and each contain robust CSEM anomalies associated with the prospectivity.
Rocksource has now tested the prospectivity in both APA 2006 licenses and the APA 2007 award PL 456 with EM data. PL 416 was found positive and has progressed to the next exploration phase. PL 441 and PL 456 were found negative and have been relinquished. EM data will also form part of the evaluation of the APA 2008 acreage, awarded earlier in 2009.
Offshore Norway has significant resources yet to be found (~30Bboe, NPD recent estimate) and Rocksource is actively exploring for opportunities to test with its proprietary CSEM technology. The current exploration strategy is to continue to participate in licensing rounds on the NCS and add blocks to be tested with CSEM. The exploration strategy also includes pre-investing in CSEM acquisition by testing prospects in open acreage in order to prioritize areas for the rounds.
Map showing Rocksource's licenses in the North Sea
Map showing Rocksource's licenses in the Norwegian Sea
Map showing Rocksource's licenses in the Barents Sea
Last update May 2009
Contact Information
Address:
Thormøhlensgate 53 D
Postboks 994 Sentrum
N-5808 Bergen
Norway
| Phone: | +47 05369 |
| Fax: | +47 55 36 87 98 |