Petrolia NOCO was awarded two licenses by the Norwegian Ministry of Petroleum and Energy. The licenses (PL1150 S 30% and PL 882 B 20% are located in the northern North Sea.
The award builds on the already strong position in the company’s core area of the Tampen Hub where it holds interest in the Dugong discovery and in several adjacent prospective licenses. In addition, the award introduces the company to a new exciting area in Horda, where it is looking forward to explore together with new license partners Spirit (Sval) and OKEA.
