On 26 October 2018 it was announced that Talon Petroleum Limited has farmed into licence P2396 (block 29/7b). The company has taken 10% in the licence from Corallian Energy Limited. The acreage contains the 29/7-1 (Curlew A) discovery made in 1977. Talon stated the Curlew-A contains an independently certified gross 2C (Contingent Resource) volume of 45 MMboe. The companies are looking to appraise Curlew-A in Q3 2019. The deal is subject to regulatory approval.   The Curlew-A discovery was made by Shell and is a 4-way dip closed oil bearing structure. The discovery well encountered net oil sands (Cromarty and Odin Members of the Sele and Balder Fm) of 10.5 m and recovered multiple oil samples of 36Â° API. The licence was previously held by Shell until it relinquished the acreage in 2016 prior to Corallian picking up the acreage in the 30th Licensing Round and is currently in its first phase. If a confirmed decision is made the companies will progress the licence the second phase for the drilling of the well.   Following completion of the deal interest in the licence will be held by Corrallian Energy Limited (90% + operator) and Talon Petroleum Limited (10%).
United Kingdom, P2396