PL 680

Awarded February 2013 and applied for in APA 2012, lies adjacent to the Troll Field, a prolific hydrocarbon province in the Northern North Sea. Concedo holds a 40% share interest. The main target is located to the east of the Troll East Field. The work program contemplates a decision of acquiring 3D seismic or dropping the Licence after one year of G&G evaluation. In a second stage, a two-year drill-or-drop decision is contemplated.

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