Cluff Natural Resources has been attempting to farm out prospects in its portfolio for some time and has been granted extensions on a number of licences by the Oil & Gas Authority, writes Rob Watts.
The UK junior announced in November it was in exclusive talks with a major oil and gas company.
Alyson Harding, technical manager of consultancy Westwood Global Energy, said: “Cluff will be pleased to have achieved its goal on one and perhaps two licences.”
