Shell has acquired DNOâs 20% interest in PL 811 under a deal reported by the NPD on 9 December 2018. The transfer is effective from 30 November 2018. PL 811 covers an area of 352 sq km over parts of blocks 7/9, 7/12 and 8/7. DNO picked up the licence as part of its acquisition of Origo Exploration Holding AS on 29 June 2017 (announced on 4 May 2017).  DNOâs acquisition of Origo in 2017 marked the companyâs return to the NCS after a six year absence. DNO took Origoâs seven NCS licences (plus four in the UK), together with all licence commitments and obligations with effect from 31 March 2017, its management and staff and the office in Stavanger. The new company was named DNO Norge AS. Origo announced in February 2017 that it was looking for new investors or buyers for either its assets or the entire company after its major investors Riverstone and GNRI were investing elsewhere. Â   Interest in PL 811 is divided between Spirit Energy Norway AS (40%), A/S Norske Shell (20%), Aker BP ASA (20%), Faroe Petroleum Norge AS (20%).
Norway, PL 811