Bergen, 16 January 2024
Petrolia Noco AS (PNO) is pleased to announce that it has been awarded interests in two licenses, including one operatorship under the Norwegian Awards in Predefined Areas (APA 2023) licensing round.
License PL 1221 will be operated by PNO with a 40% working interest. License partner is Equinor with 60% working interest.
The award will strengthen the company’s position in the Frøya High area in the Norwegian Sea where it already holds interest in PL 935.
License PL 1210 will be operated by Wintershall DEA (40% working interest) with PNO and Equinor as license partners, both with 30% working interest.
The license is located in the North Sea and is a potential play opening prospect.
For more information regarding APA 2023 visit:
Sokkeldirektoratet – Awards in Predefined Areas (APA) 2023