Friday, October 26, 2012

North Sea Energy Awarded New Blocks in the UK North Sea


North Sea Energy Inc. is pleased to announce that the UK Department of Energy and Climate Change (DECC) has published the initial tranche of offers for licences in the 27th Seaward Licensing Round in the UK North Sea. NSE, together with its partner, EnCounter Oil Limited (“EnCounter Oil”), has been offered two new promote licences in the UK North Sea in the 27th Seaward Licensing Round, namely – blocks 13/24c and 13/25 (NSE - 40% interest), and block 14/29b (NSE - 40% interest). NSE holds its interest in these prospects through its wholly-owned subsidiary, North Sea Energy (UK NO2) Limited.





Friday, October 5, 2012

North Sea Energy Receives Formal Notice of Option Exercise by Premier Oil on Block 12/30 'Badger Prospect'


North Sea Energy Inc. is pleased to announce that its wholly owned subsidiary, Echo Exploration Limited, was awarded UK Licence P1920, as part of the 26th licensing round. This licence covers UKCS Block 12/30 and contains the Badger Prospect.





Thursday, September 6, 2012

North Sea Energy Chairman Acquires 668,805 shares


North Sea Energy Inc. has been notified that on September 6, 2012, Hubert-Lance Huet, Chairman of the Board, acquired 668,805 common shares of the Company, at a price of $0.16 per common share.





Wednesday, September 5, 2012

Independent Economic Evaluation Complete on 3 Prospects


North Sea Energy Inc.  announced today the results of an Independent Economic Evaluation ("IEE") for three of its UK North Sea blocks. These include its 50% owned Badger prospect (block 12/30), its 50% owned Bobcat prospect (block 13/28b) and its 20% owned Norfolk prospect (blocks 12/16b and 12/17b), all located in the UK North Sea.





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