Mol Grabs North Sea Stakes From Premier Oil

摘要

Hungary’s Mol added to its rapidly growing basket of upstream assets by purchasing stakes in six licensing areas in the North Sea from UK-based independent Premier Oil for $130 million. Mol said in a Jun. 30 statement that the central North Sea licenses contain a mix of new and existing production hydrocarbon assets. The deal gives Mol 21.8% in the Scott field, 1.6% in Telford and 15% in Rochelle, which together will boost the company’s 2P reserves by 14.3 million boe. “Building on our already existing assets in the UK North Sea, this acquisition represents a significant step forward in growing a solid sizable North Sea portfolio,” said Alexander Dodds, Mol’s vice president for upstream development (NC Jun.5’14; NC May8’14).