Deals - Licenses and Concessions | Offshore
Cluff Touts Upswing in Resource Potential at North Sea License
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Cluff Natural Resources (CLNR) reported a significant increase in P50 Prospective Resources on its 100% owned Licence P2252 from 162 BCF to 636 BCF following technical work focussing on the Zechstein prospects located in the Southern North Sea.
This increase is primarily due to the newly named Pensacola Prospect, which the Company estimates to have P50 Prospective Resources of 424 BCF, providing significant exploration upside potential on the licence.
Key Highlights: Significant increase from 162 BCF to 636 BCF in P50 Prospective Resources on Licence P2252 following receipt of recently reprocessed 3-D seismic data Acquisition of recently reprocessed 3-D has provided an enhanced level of confidence in the mapping of prospects on this licence Revised interpretation of the St. Annes…- ✓ Full news archive — U.S., Canada & international coverage
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