IOG has agreed a farmout to CalEnergy Resources of a 50% interest in all of its upstream assets (except for the Harvey licences), as well as the Thames pipeline and associated Thames reception facilities for an initial GBP 40 MM downpayment.Â  CalEnergy will have the option, within 3 months of the Harvey appraisal completion, to farmin with 50% to the Harvey licences for GBP 20 MM.Â  IOG will retain operatorship. Assets also include the Goddard field and the Vulcan satellites and Blythe hubs.
United Kingdom (Indefatigable Shelf (Anglo-Dutch B.)) Thames