STOCKHOLM, Sweden – PA Resources expects to close its North Sea farm-out transactions to Dana Petroleum this spring. These relate to Danish license 12/06 and German license B20008/73.
The company plans an appraisal well later this year on the Little John discovery offshore Denmark, having secured a rig.
It adds that select stage development studies are expected to be completed around mid-year for the Danish Broder Tuck field. Forward options include more appraisal drilling or progressing straight to development sanction.
Offshore Equatorial Guinea, where the company is in partnership with Noble Energy, a development plan should be submitted this year for the 30 MMbbl-plus Diega field.
The Carla South field, currently considered sub-commercial, will be re-evaluated following new 3D seismic acquisition planned later this year.