Five licences offered for award in the UK 26th Round


Tórshavn, Faroe Islands, 2011-12-30 16:18 CET (GLOBE NEWSWIRE) -- P/F Atlantic Petroleum (OMX: FO-ATLA) today announces that Volantis Exploration Limited (a wholly owned subsidiary of Atlantic Petroleum UK Limited) has been offered for award a further five licences in the UK 26th Round. The licence details are as follows:

 

  • Blocks 44/4 (Split), 44/5 & 45/1. Centrica (Operator) 45%, GDF 45% and Atlantic Petroleum (Volantis) 10%
  • Block 44/30 (Split). Centrica (Operator) 90% and Atlantic Petroleum (Volantis) 10%
  • Blocks 47/2b (Split), 47/3g (Split), 47/7 (Split) & 47/8d (Part). Centrica (Operator) 52.5%, Serica 37.5% and Atlantic Petroleum (Volantis) 10%
  • Block 44/17e. Atlantic Petroleum (Volantis) 100%
  • Blocks 48/13c (Part), 48/14b, 48/18e & 48/19d (Part). Atlantic Petroleum (Volantis) 100%

 

 

 

Further Details:

Further details can be obtained from Ben Arabo, CEO, tel +298 350100 (ben.arabo@petroleum.fo). This announcement will be available, together with other information about Atlantic Petroleum, on the Company's website: www.petroleum.fo.

On the website, it is also possible to sign up for the Company’s e-mail newsletter.

 

Announcement no. 49/2011

Issued 30-12-2011

 

         P/F Atlantic Petroleum
         Gongin 9
         P.O. Box 1228
         FO-110 Tórshavn
         Faroe Islands
         
         Telephone +298 350 100
         Fax +298 350 101
         Website: www.petroleum.fo
         E-mail: petroleum@petroleum.fo