PA Resources has been successful in the UK's 28th Seaward Licensing Round and has been provisionally awarded Blocks 22/18c and 22/19d as part of a group comprising of PA Resources (25 percent), E.On (40 percent), Cairn Energy's wholly-owned subsidiary Nautical Petroleum (25 percent) and First Oil and Gas (10 percent).

The awarded blocks lie adjacent to PA Resources' Block 22/19a which contains an undeveloped gas and condensate discovery. Whilst PA Resources operated the UK 28th Round licence evaluation and application, E.On will assume operatorship on award.

Blocks 22/18c and 22/19d contain the large Ekland prospect on which the group has bid a firm exploration well in the initial four year licence term.

Tags: PA Resources