15 Nov 2022

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

Orcadian Energy Plc (ORCA:LON) | 12.8 -0.1 (-5.6%) | Mkt Cap: 9.25m

- Brendan Long
- 5 pages

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.

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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.