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Fairfield Energy completes Dunlin area acquisition


Published May 19, 2008
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Fairfield Energy acquires Clipper South from Shell and Exxonmobil

Fairfield Energy Ltd reports the completion of its acquisition of interests in the Dunlin, Dunlin Southwest, Osprey and Merlin fields.

Under terms of the transaction Fairfield Energy and partner Mitsubishi Corporation Exploration, have acquired all the equity in the greater Dunlin area from the previous owners.

Fairfield (70% and Operator) and Mitsubishi (30%) plan an extensive programme of investment in the assets which provide the opportunity to grow production, add reserves and provide a host production and transportation facility for third party business.

Tags: Fairfield Energy Ltd




   

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