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Adriatic increases Seaward stake

UK-based explorer Adriatic Oil said it will acquire an additional 55% interest in the Seaward production licence P1921 in the Inner Moray Firth area of the UK North Sea.

North Sea: Adriatic Oil plans to become the operator and acquire up to 80% in Elixir Petroleum's Seaward production licence P1921
North Sea: Adriatic Oil plans to become the operator and acquire up to 80% in Elixir Petroleum's Seaward production licence P1921
Published 3 September 2013, 09:13Updated 3 September 2013, 09:16
Europe