Petrolia Norway Wins New Licence in 2012 APA

Petrolia Norway AS, a subsidiary of Petrolia E&P Holdings SE, has been awarded a new licence in the 2012 Awards in Predefined Areas (APA) in Norway.

“Petrolia Norway is pleased with having been awarded a 50 per cent share in the promising PL674 licence, close to the Johan Sverdrup field. We are looking forward to working with the operator E.ON E&P Norge, holding 50 per cent of the licence, to develop PL674”, says Managing Director Vidar Bergo Larsen in Petrolia Norway.

The awarded licence is PL 674 in blocks 16/3, 16/6, 17/1, 17/2, 17/4, 25/12 and 26/10. E.ON E&P Norge AS is the operator with a 50 per cent share, Petrolia Norway hold the remaining 50 per cent of the licence.

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Press Release, January 16, 2013