RWE Dea takes stake in Mustard in Shetlands area

Offshore staff

HAMBURG, Germany – RWE Dea has agreed to farm into offshore licenses west of Shetland currently owned outright by Chrysaor CNS.

The agreement gives RWE Dea a 25% stake in P1932 and P2074 covering blocks 202/4, 202/5, 203/1a, 205/26c, and 205/27. It should lead to drilling of a well on the Upper Jurassic Mustard prospect in the East Solan basin in 2015.

Earlier this year, the company farmed into the Handcross prospect in the same region in licenses P1631 and P1832.

12/04/2013

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