Location and Status

Basin: East Shetland Basin, Northern North Sea

Area: 424 km2

Water Depth: ~150 metres

Status: Seaward Production “Innovate” Licence – Phase A with “drill-or-drop”

Interests

Finder Energy (100%, Operator)

Licence Highlights

  • Permit located on the western edge of the prolific East Shetland Basin.
  • Play opener acreage with 11 leads spread across four untested Jurassic sub-basins
  • Aggregated gross recoverable resources (unrisked) of 1.2 billion barrels
  • Seismic enhancement and G&G studies commitment to unlock the areas significant hydrocarbon potential and de-risk prospectivity.