Oil & Energy - , ,
Stavanger Petroleum Ltd. were awarded 6 licenses on the United Kingdom Continental Shelf (UKCS) in the DECC 27th licensing round in late 2012. Our exceptional new entrant success rate (75%) highlighted the advantages of our unique technology led approach to host governments. We plan to use innovative applications of proven technologies to unlock the potential (including several existing discoveries) within these licenses. Our first large scale 3D CSEM survey (1,000km2) acquisition is currently being planned for August / September 2013. Stavanger Petroleum Ltd. is a wholly owned subsidiary of Stavanger Petroleum AS, registered in Norway and having both British and Norwegian shareholders.