Awarded 10% of Licence 396 in the Barents Sea

The company is very satisfied with this award, which is a good start for the work to build a portfolio on the Norwegian continental shelf. We have been awarded an area which we consider to be interesting in relation to the exploration technology we are developing.

We find it exciting to join a licence with an operator (BG Group) that have an offensive attitude to further exploration on the Norwegian continental shelf (Lars T. Bjerke, Managing Director).