Det norske swaps interest in exploration portfolio
June 23, 2008
The Ministry of Petroleum and Energy has approved the swap agreement between Det norske oljeselskap ASA and Concedo ASA.
Offshore staff
TRONDHEIM -- The Ministry of Petroleum and Energy has approved the swap agreement between Det norske oljeselskap ASA and Concedo ASA. Det norske has farmed down 15% of its 100% license interest in PL 383 (Struten), planned to drilled in 2Q 2009, against a 15% interest in PL 485.