Shell has completed a farm-in deal with Egdon Resources for licences P1929 and P2304 offshore the UK,which contain the Resolution and Endeavour gas discoveries.Shell signed the farm-in agreement to acquire a 70% stake of Egdon Resources'P1929 and P2304 licences in January 2020.It was agreed that Shell would also be appointed as operator.In July 2020,the UK's Oil and Gas Authority(OGA)granted extensions of the initial term of the licences to Egdon Resources to 31 May 2024 with amended work obligations.
展开▼
