In late April 2020, Houston Energy transferred operatorship in the undrilled Green Canyon Block GC 939 to Beacon Energy, via its local subsidiary, BOE Exploration & Production. The block was originally offered as part of OCS Lease Sale 250, held in March 2018 and is sited 10km due south from Chevron's oil and gas Anchor development project. Houston Energy was awarded Green Canyon Block GC 939 (G36308) on 1 June 2018. In December 2018, Houston Energy divested operatorship and the large majority of its 100% WI stake in GC 939 to Murphy Exploration & Production â USA, Red Willow Offshore and Deep Gulf Energy III (Kosmos subsidiary). Equity in GC 939 is presently shared between Houston Energy (52.22222%), Murphy Exploration & Production â USA (20%), Red Willow Offshore (22.77778%) and CL&F Offshore (5%). BOE Exploration & Production (Beacon) now operates the lease.
Houston Energy transferred operatorship in the undrilled Green Canyon Block GC 939 to Beacon Energy, via its local subsidiary, BOE Exploration & Production. 