document: Formerly Faroe Petroleum, now DNO, announced on 16 January 2019 that it had been awarded of two new Norwegian licences from the APA round, blocks 1/6 and 1/9 and as a result, the company started the process of equalizing interests in two UK blocks â 30/14a and 30/14b which collectively host the cross-border Edinburgh prospect. DNO then completed the acquisition of block 30/14a from Total which completed in April 2019. DNO was then awarded 30th round licence P2401 which contains block 30/14b. In December 2019 Shell and Spirit Energy completed their farm-in to the UK acreage which now equalises interest between the UK and Norwegian licences.  Edinburgh is thought to be one of the largest remaining undrilled structures in the Central North Sea. The prospective reservoirs include the Upper Jurassic Ula age-equivalent (Freshney and Fulmar) and Triassic Skagerrak formations. The prospect sits at the south-eastern end of the prolific Josephine Ridge area. It is a large, tilted Mesozoic fault block and covers an area of 40 sq km. The acreage was previously held by Maersk and acquired by Total via the acquisition of the Danish major.   Following completion interests in the blocks is held by Shell U.K. Ltd (40% + operator), DNO North Sea (U.K.) Ltd (45%) and Spirit Energy Resources Limited (15%).
summary: Formerly Faroe Petroleum, now DNO, announced on 16 January 2019 that it had been awarded of two new Norwegian licences from the APA round, blocks 1/6 and 1/9 