Iona Energy Inc. report that the U.K.'s Department of Energy and Climate Change (DECC) has awarded Iona's UK Subsidiary, Iona Energy Company (UK) Limited, three UK North Sea Blocks at 100% working interest, including two oil discoveries.
The three awarded Blocks, 3/7c (part), 3/8c, and 3/12 (part), are located in the Northern North Sea, to the south-west of the Ninian field and immediately adjacent to Iona's 100% Block 3/8d which includes the to-be-developed "Kells" Oil and Gas field and the "Ossian" Oil discovery.
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Iona Energy Inc.
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