Australia-based junior Spark Exploration is launching a farm-out process as it looks to bring in a partner to help explore and potentially develop its licences in the emerging West of Shetland fractured basement play.
Spark has engaged the London office of BMO Capital Markets to act as advisers, the company confirmed to Upstream.
Invitations are being sent to interested parties this month, with a physical data room due to open in the UK capital at the end of August.
