Parkmead acquires EWE stake in Athena in North Sea

Parkmead has completed its acquisition of an additional 20% stake in UK North Sea license P.1293 from EWE Vertrieb.

Offshore staff

ABERDEEN, UKParkmead has completed its acquisition of an additional 20% stake in UK North Sea license P.1293 from EWE Vertrieb.

The license covers block 14/18b ALL and contains the producingAthena oil field, operated by Ithaca Energy.

Parkmead already held 10% through its earlier acquisition ofLochard Energy Group.

04/10/2014

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