Thursday, December 6, 2012

North Sea Energy 'High Grades' North Sea Portfolio


North Sea Energy Inc. announces that it is in the process of high grading its portfolio of North Sea licenses. To best utilize the Company’s exploration and development funds, our on-going review prioritizes prospects based on prospective resources, technical and risk analysis of the potential for each block in our portfolio. Based on this, certain new blocks are deemed by our qualitative review to have superior potential compared to some current blocks requiring immediate drilling decisions.





Thursday, November 22, 2012

North Sea Energy  Announces Closing of Convertible Debenture Financing


North Sea Energy Inc. is pleased to announce that it has closed the first tranche of a non-brokered private placement (the “Private Placement”) of unsecured convertible debentures (the “Debentures”) for gross proceeds of $3,800,000. If there is additional interest, a second and final tranche of the private placement will close on or before December 17, 2012 (or there about) for gross proceeds up to $10,000,000.





Thursday, November 22, 2012

North Sea Energy Announces Third Quarter 2012 Results


North Sea Energy Inc. announces its unaudited financial results for the period ended September 30, 2012. The summary of the selected financial information should be read in conjunction with the Company's Condensed Interim Consolidated Financial Statements (Unaudited) and the related Management Discussion and Analysis for the quarter ended September 30, 2012 dated November 22, 2012, which have been filed on SEDAR (





Monday, November 19, 2012

Completion of 2D High Resolution Seismic on Norfolk Prospect


North Sea Energy Inc.  is pleased to announce that a 2D hi-resolution seismic program on the Norfolk Prospect (block 12/16b) (20% NSE interest) has been completed after receiving approval from DECC (UK Department of Energy and Climate Change).





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