Atlantic Petroleum has exited P2126 from 10 December 2018, with its 10% equity split to partners Spirit Energy and Neptune Energy. P2126 covers 828 sq km over blocks 42/7, 42/9b, 42/8b, 42/2b and 42/3b in the Southern North Sea. The acreage is located adjacent to the N of the Breagh gas field and contains NFW 42/09- 1 (1997, Amerada Hess, 2,842m) which encountered gas shows only. It was awarded in the 27th Seaward Licensing Round on the 20 December 2013 and its 4 year initial term was extended to 2020. The firm commitment was to shoot 500 sq km of 3D seismic with a contingent commitment to drill a well to 3,250m or 100m into the Fell Sandstone formation. The partners have identified the Aurora prospect, a Carboniferous anticline structure, but plans to drill in 2016 were deferred. Revised P2126 partners are Spirit Energy Resources Ltd (50% + Op) and Neptune E&P UK Ltd (50%). <P />
United Kingdom, P2126