Antrim Energy Inc., a Canada-based international exploration and production company, has informed that the UK Department of Energy and Climate Change (“DECC”) has agreed to amend the terms of UK Central North Sea Licence P077 Block 21/28a to allow for a Field Development Plan (“FDP”) for the Fyne Field to be submitted no later than 31 August 2014.
Antrim’s CEO Stephen Greer commented, “We are very pleased to have the continued support for DECC with the challenges of developing relatively marginal, stranded oil fields, and the support for new technology to achieve this in the North Sea.”