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Norwest Energy awarded five exploration licenses in the Wessex Basin, UK


Published Jan 5, 2012
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Norwest Energy NL

Norwest Energy NL reports that wholly owned subsidiary NWE-Mirrabooka (UK) Pty Ltd (Mirrabooka) has been awarded five exploration licenses: 98/6b, 98/7b, 98/8, 98/12 (part) & 98/13 (split) as part of the UK’s 26th seaward oil and gas licensing round, second tranche.

The award was made on the 30th December 2011 by UK Energy Minister Charles Hendry as part of 46 new licenses awarded for hydrocarbon exploration in the offshore UK.

Peter Munachen, Norwest’s CEO commented “We are very pleased with the offer of this highly prospective acreage that complements our current interests in the Wessex Basin. It has taken some time for these blocks to be awarded and we are eager to commence activities as soon as the award is formalized with the UK Department of Environment and Climate Change. We have high expectations that we may bring at least one of these already identified leads to a drillable status in the near future.”

Tags: Norwest Energy NL




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