EnCore farms out North Sea block interest
EnCore Oil has farmed out a 20% interest in central North Sea blocks 28/9 and 28/10c to Revus Energy (UK North Sea).
Sep 29th, 2008
Offshore staff
LONDON -- EnCore Oil has farmed out a 20% interest in central North Sea blocks 28/9 and 28/10c to Revus Energy (UK North Sea). EnCore will retain a 15% interest in the license.
Under the terms of the farm-out agreement, Revus will contribute to the costs of drilling the Catcher exploration well on a promote basis with drilling likely in early 2009.
09/29/2008