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Track Drilling (Rigs by operator) | Completions (Frac Spreads)

One-Page Deal Sheet

Bridge Farms-in with Cairn and JX Nippon in Aragon Prospect

Bridge Energy Cairn Energy Plc, JX Nippon Exploration and Production
AnnouncedJan 7, 2013
TypeProperty
LocationNorth Sea
Announced Date
January 07,2013
Close Date
January 07,2013
Transaction Type
Property




Snapshot
Asset/Basin:
{"Northern North Sea"}
TargetZones:
{"Upper Jurassic Hea
Location
Region
North Sea

Country
United Kingdom

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Bridge, the Oslo Børs and AIM listed oil and gas exploration and production company has through its wholly owned subsidiary, Bridge Energy (CNS) Limited, completed the agreement (“Transaction”) with Agora Oil & Gas (UK) Limited (“Agora”) (100% owned by Cairn Energy PLC) and JX Nippon Exploration & Production (UK) Limited (“JX Nippon”) for the farm-down of a 16.5% working interest in the P1763 Aragon prospect in the UK Northern North Sea.

As a result of the Transaction, all parties have agreed to participate in drilling a well to test the Aragon prospect prior to Q1 2015.

Subject to Transaction…



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