Hibiscus's July agreement to acquire licence P2366 from United O&G and Swift Exploration for up to USD 5 MM cash is now a done deal effective 4 Dec '19. Anasuria Hibiscus now holds a 100% stake in the 13.6-sq km unit (blocks 15/18d + 15/19b NE of Aberdeen) which contains the Crown discovery, 4-8 MMbbl contingent 2C. Given proximity to the company's Marigold + Sunflower oilfields a tie-back devt could be envisaged. http://www.hibiscuspetroleum.com.
United Kingdom, P2366