One-Page Deal Sheet
Noble Energy to Acquire Falkand Islands License
Noble Energy, Inc. Argos Resources Ltd
Announced Date
April 13,2015
Transaction Type
Property
Location
Region
South America
Country
United Kingdom
Transaction Details: Subscribe to see
Noble Energy, Inc. has announced that it has acquired a 75 percent interest and operatorship of the PL001 License in the North Falkland Basin from Argos Resources Limited.
The PL001 License covers an area of nearly 285,000 gross acres and is located to the northwest of the PL032 License, which includes the Sea Lion oil discovery. Edison International SpA has obtained the remaining 25 percent interest in the PL001 License. Noble Energy and Edison will provide to Argos a 5 percent royalty override from all hydrocarbon development on the license.
Noble Energy has identified the Rhea prospect as…
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