Excelsior Energy says that through it’s 75% owned subsidiary, ENS Energy (ENS), it has been awarded two blocks in the UK 25th Offshore Licensing Round. The awards were announced on November 12, 2008 by the UK Department of Energy and Climate Change.

The blocks awarded are 16/1b and 16/2c which are contiguous to ENS’s existing blocks. ENS will hold a 100% working interest in the two blocks. The award is for a Promote Licence with an initial term of two years and requires the reprocessing of existing 3D seismic data.

ENS has completed the reprocessing of over 300 square kilometres of 3D seismic data in its existing, Blocks 16/1a and 16/6c. The reprocessing has confirmed the blocks prospectivity in Tertiary aged reservoirs similar to those in the adjacent, producing West Brae oil field located approximately 5 kilometers south of ENS’s Block 16/6c.

Tags: Excelsior Energy Limited