Shell UK Ltd.; Esso U.K. Exploration and Production Ltd.

Transaction Type
Marketers
Post Date
Estimated Price
0MM
Description

Shell UK Ltd. and Esso Exploration and Production UK Ltd. have retained IndigoPool to sell interest in assets in the Central North Sea. The package includes a 66.67% interest the Stella Palaeocene sands and the Harrier Shallow Upper Cretaceous Chalk discoveries in License P.011, blocks 30/6 (Part), and 29/10 (NE). Gross unrisked reserves are up to 590 billion cubic feet of gas and 105 million barrels of condensate. Maersk is operator. Shell and Esso also share 66.67% of the extension into the 29/10 NE block of the undrilled Molly NE prospect with in-place estimated reserves of up to 7 million barrels of oil. For more information, contact Leyla Mamedzadeh, +31704474310.