Azimuth Group's subsidiary Azinor received a Letter of Intent (LOI) from an unconfirmed party, which may farm in for non-operated equity in P2165 (Boaz), P2317 (Goose) and P2179 (Hinson), as announced on 10 December 2018. AziNor was farming out part equity in all three licences to participate in a 2019 drilling campaign. AziNor was offering 50-75% from its 100% in P2165 which covers part-block 16/8c and contains the drill ready Boaz prospect, N of the Enoch Field. Boaz has a Triassic Skaggerak Formation (Fm) reservoir, with 37% geological chance of success (CoS) and Pmean prospective resources are 242 mmboe. Azinor was farming down from 80% of its 100% stake in P2317 over part blocks 14/13a, 14b & 15b, 12km N of the producing Claymore Field. It contains the Goose prospect, a stratigraphic trap in Lower Cretaceous Scapa sandstone with Pmean prospective resources of 75 mmboe and 36% CoS. Azinor was farming down from 49% in P2179 - 21/25c which is operated by MOL (51%), and is located S of the Gannet and Guillemot complexes and W of the Annasuria Cluster. It contains the Hinson prospect which is estimated to hold 97 MMbo and 178 Bcfg P50 recoverable resources in Late Jurassic sands within a Kimmeridge Clay stratigraphic trap. Azinor recently had success with the 2018 Agar-Plantain appraisal/discovery with estimated recoverable resources of 15-50 MMboe.<P />
United Kingdom, P2179