Integrated interpretation and modeling improved Oilexco's reservoir model and reserves estimates for project development. Oilexco Inc. is a small independent Canadian energy company headquartered in Calgary. It entered the North Sea in 2002 with the award of three lease blocks in the 20th UK Offshore Licensing Round. This licensing round was part of a UK fallow fields initiative, designed to attract new operators with fresh perspectives and stimulate the reappraisal of mature North Sea acreage. Today, all of the Oilexco E&P activity is located in the UK Central North Sea.
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