NETHERLANDS

Two licences. Gross km² 1,034
   P10c (249 km²) through 3 September, 2020
   P4-P7-P8b (785 km²) through 18 November, 2020

EBN has elected 40% working interest

Six major Dinantian prospects identified

Initial well obligation depth 4,000m DHC €12 mm gross

Reprocessed 415 km² 3D seismic (PSTM and PSDM)

Reprocessed 454 km regional 2D on P4 and P7

Resource potential multi-TCF

 

UK

Licence P2227 Blocks 12/28a and 12/29a. Gross km² 87.5

Initial term ends 30 November, 2019

1981 discovery well 12/29-1 had 66’ net pay, 38⁰ API oil

Planned 7,000 ft appraisal well 480’ high to discovery well

Resources       

        Alness 30 MMBO 
        Beatrice 15 MMBO

Appraisal well to establish proved reserves

MODPU development plan prepared by Xodus

Appraisal well cost $9.0 mm gross