OK Energy is looking for an additional partner to farm-in to licence P2104 with a view to appraise and develop the Bedevere discovery in block 48/18c. It was confirmed in October 2019 that 50% interest in the licence was farmed down to Blue Dragon Energy for 100% funding of the appraisal / development well costs but it has been confirmed that further equity is still available in the licence.   OK Energy was also awarded neighbouring blocks 48/16, 48/17d, 48/18b and 48/19b in the 30th Licensing Round. The latter two blocks, 48/18b and 48/19b were awarded under the classification of âstraight to the second termâ with a view to develop the asset. The well is planned to be drilled in Q1 2020. Bedevere was discovered in 1985 by Mobil North Sea. The discovery has a Leman Sandstone Formation reservoir. The structure is located immediately next to a discovery known as 48/18c-5 âHâ Structure. This discovery was appraised with 48/18c-7 which proved an extension to the north west while, a second appraisal well 48/18c-12 to the south of the discovery only encountered minor gas. Immediately to the east lies the Anglia field. Anglia was discovered in 1972 before being brought onstream in 1991. The field produced gas until 2015.  Pending completion of a deal between OK Energy and Blue Dragon Energy interest in P2104 will be held by OK Energy (North Sea) (50% + operator) and Blue Dragon Energy (50%).   For further information, please contact:  Paul Barrett â paul.barrett@ok-energy.uk.com
OK Energy is looking for an additional partner to farm-in to licence P2104 with a view to appraise and develop the Bedevere discovery in block 48/18c.