Licence P2366 / blocks 15/18d + 15/19b (Crown discovery), total 13.6 sq km SE of Marigold field in the North Sea. Hibiscus Petroleum (also operator of the Marigold + Sunflower area) has signed an initial agreement to acquire UKOGâs 95% operated stake and Swift Explorationâs 5% interest for up to USD 5 million. The Crown discovery contains an estimated 8 MMbo and 6 Bcfg.
Hibiscus Petroleum (also operator of the Marigold + Sunflower area) has signed an initial agreement to acquire UKOGâs 95% operated stake and Swift Explorationâs 5% interest in Licence P2366 / blocks 15/18d + 15/19b (Crown discovery), for up to US$5 MM.