Thursday, August 22, 2013

Premier Oil plc Farm-In Announced


North Sea Energy Inc. noted that Premier Oil plc. today announced the following, “In August 2013, Premier successfully farmed in for a 37.5 per cent interest in Blocks 13/24c and 13/25, which contain the Bagpuss and Blofeld prospects. The prospects, which Premier evaluates to be heavy oil targets, are located on the Halibut Horst which is a well-defined basement high within the Moray Firth. Analysis of the 1981 discovery well result suggests that the Bagpuss and Blofeld prospect together could contain up to 2 billion barrels of oil in place. It is envisaged that an initial well on one of these features will spud in late 2014.”





Thursday, August 16, 2013

North Sea Energy Secures Farm-in Agreement with Maersk Oil North Sea UK Limited on the Bagpuss and Blofeld Prospects


North Sea Energy Inc.  is pleased to announce that through its wholly owned subsidiary, North Sea Energy (UK NO2) Limited (“NSE UK2”), it has entered into a farm-in agreement with Maersk Oil North Sea UK Limited (“Maersk Oil”) to participate in the initial exploration and appraisal of the Company’s UK North Sea blocks 13/24c and 13/25 (“Bagpuss Prospect”).





Thursday, June 27, 2013

North Sea Energy Announces an Independent Prospective Resource Assessment Completed on the Bagpuss and Blofeld Prospects


North Sea Energy Inc. is pleased to announce that it has recently received an independent Prospective Resource Assessment of UK North Sea Blocks 13/24c and 13/25, “Bagpuss and Blofeld Prospects”, issued by Senergy (GB) Limited (“Senergy”) on June 25, 2013 in accordance with NI 51-101 (the “Report”) with an effective date of May 30, 2013. North Sea Energy (UK NO2) Limited, the Company’s wholly-owned subsidiary, is the licence holder of these blocks.





Monday, June 17, 2013

North Sea Energy Announces an Update on the Norfolk Prospect


North Sea Energy Inc. announces that the Norfolk joint-venture partners met recently for a Technical Committee Meeting in Aberdeen, hosted by the operator, First Oil Expro Limited.





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