PL 629

PL629 was awarded Concedo in February 2012, following the application for the APA 2011. The license lies on a prolific area of the Central North Sea, about 20 km north of the Heimdal Field and is operated by Bridge Energy. Concedo holds a 20% share interest. Other partners are Centrica Resources and Faroe Petroleum. The work program includes geological/geophysical studies and acquisition of 3D seismic before a drill-or-drop decision within two years from award.

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