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Announcements

33rd Licensing Round Offer of Awards

By Announcements, Company & Media news

Orcadian Energy is delighted to report that NSTA has announced the offer of a further tranche of licence awards in the 33rd Round. NSTA has confirmed, in an announcement dated 31 January 2024, that Orcadian Energy will be offered two licences in the Central North Sea (“CNS”) one in partnership with Parkmead Group, and the other in partnership with Triangle Energy. Orcadian anticipates that these licences will be formally issued within the next three months.

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Publication of Circular

By Announcements

Further to the announcement of 7 December 2023, Orcadian is pleased to confirm it has now dispatched a circular, to convene a general meeting of the Company, in order to seek shareholders’ approval for the proposed disposal of a 81.25% interest in Licence P2244 to Ping Petroleum UK plc, (the “Disposal”) (the “Circular”).

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