Bergen, 14 January 2025
Petrolia Noco AS (PNO) is pleased to announce that it has been awarded interests in five licenses, including three operatorships in the Norwegian Awards in Predefined Areas (APA 2024) licensing round. Three of the licenses are in the North Sea and one license is in the Norwegian Sea.
The awards were announced by the Norwegian Ministry of Energy today.
“As a small and dedicated E&P company, we are pleased that the Ministry of Energy has recognised our long-term commitment to the NCS and our efforts to secure new and attractive acreage. Petrolia Noco is growing, and this award will further strengthen our foundation for sustainable growth as we continue to build a balanced portfolio of opportunities”, says CEO of Petrolia Noco AS, Morten Stenhaug.
PNO was awarded the following licenses:
PL 1252:
OKEA ASA 35.2% (Operator)
Petrolia Noco AS 30.9566%
Lime Petroleum AS 33.8434%
PL 1256:
Petrolia Noco AS 60% (Operator)
OKEA ASA 40%
PL 1258:
Petrolia Noco AS 60% (Operator)
OKEA ASA 40%
PL 1259:
Conoco Phillips Skandinavia AS 50% (Operator)
Wellesley Petroleum AS 20%
Petrolia Noco AS 30%
PL 1273:
Petrolia Noco AS 60% (Operator)
DNO Norge AS 40%