1st Feb 2024 12:18
Orcadian Energy PLC - North Sea oil and gas developer - Says it is "delighted" as North Sea Transition Authority offers it two licences in the Central North Sea. Includes a 50% working interest in the Fynn licence, which will be operated by Parkmead Group, and 50% of the Mid-North Sea High licence, for which Orcadian applied in partnership with Triangle Energy. Company expects NTSA to formally issue the licences within the next three months. Orcadian also applied for a third licence in the southern North Sea which the NTSA has not offered, but may be considered in a future tranche. Read More
