Wellesley Petroleum has farmed out 10% to Equinor in PL903 effective 30 November 2018. PL903 covers 349 sq km over blocks 25/1 and 30/10. The acreage is located on the UK-Norway border and includes the now abandoned Frigg, Nordost Frigg and Odin field area, previously licenced under PL024 (relinquished end 2014). PL903 was awarded in APA2016 on 10 February 2017 having work obligations to reprocess and acquire 3D seismic ahead of a decision to continue (BoV) in February 2019. PL903 partners are now Equinor Energy AS (90% + Op) and Wellesley Petroleum AS (10%).
Wellesley Petroleum has farmed out 10% to Equinor in PL903 effective 30 November 2018. PL903 covers 349 sq km over blocks 25/1 and 30/10. The acreage is located on the UK-Norway border and includes the now abandoned Frigg, 