Orcadian Energy, the developer of the Pilot heavy oilfield in the UK North Sea (79 million barrels of proven and probable reserves as ascribed by Sproule), announced that the North Sea Transition Authority has extended the Second Phase of its licence by one year such that it is now ending in November 2023.

15 Nov 2022
WH Ireland: Orcadian Energy (ORCA) - Extension of Pilot Licence

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WH Ireland: Orcadian Energy (ORCA) - Extension of Pilot Licence
Orcadian Energy Plc (ORCA:LON) | 12.8 -0.1 (-5.6%) | Mkt Cap: 9.25m
- Published:
15 Nov 2022 -
Author:
Brendan Long -
Pages:
5 -
Orcadian Energy, the developer of the Pilot heavy oilfield in the UK North Sea (79 million barrels of proven and probable reserves as ascribed by Sproule), announced that the North Sea Transition Authority has extended the Second Phase of its licence by one year such that it is now ending in November 2023.