Cluff Natural Resources says that further to the provisional award of promote licences in the UK’s 28th Offshore Licencing Round on 7 November 2014, it has now been formally awarded the five promote licences covering a total of eleven blocks by the Department of Energy and Climate Change (‘DECC’).

The selected blocks are located in an under-explored, emerging gas province of the Southern North Sea, with diverse, high-potential play fairways and trap types in the Carboniferous. Significant interest in the area has recently been rejuvenated by breakthroughs in broadband 3-D seismic surveying technology, which acquires high resolution images below the Permian overburden.

Tags: Cluff Natural Resources