NSNR are pleased to announce that the UK Oil and Gas Authority has granted NSNR Ltd an 18 Month extension to its Licence P2321. The Drill or Drop decision is now 14th November 2022.
North Sea Natural Resources Ltd announces a major strengthening of the Executive Management team with the addition of ex Merrill Lynch, Deutsche Bank, HSBC, UBS finance expert – Philip Wolfe. Philip has significant CFO experience with Soma, Phoenix and Madagascar Oil company explorers. Philip brings substantial leadership, commercial and financial skills to help drive the
NSNR announces the completion of reprocessing of 2 modern seismic lines over DHH. 4 more lines have been started.
NSNR announces completion the reprocessing of 2 2015 OGA Western Geco 2D seismic lines by SIP over the Devil’s Hole Horst Giant Prospect. Results show brightening interpreted as a DHI in blocks 27/4 and 27/5 south east of 27/3-1 well. https://seismicimageprocessing.box.com/s/rgte5mrr2ldmxtaxou8ni7cldxhofyn9
A new Gaffney, Cline and Associates Petrophysics, Volumes and Risk report upgrades the Devil’s Hole Horst Permian Z1 Z2 Carbonate Reservoir to 531 MMBO Net Mean Prospective Resources with an improved 34% Chance of Success. Read the report here
Gaffney Cline and Associates Volumes Review Report defines – 1.7 Billion Barrels of Prospective Resources
Gaffney Cline and Associates Volumes Review Report defines - 1.7 Billion Barrels of Prospective Resources
Updated - View the Prospex Presentation NSNR had a very successful Prospex Fair on 11th and 12th December with two talks presented on the Devil’s Hole Horst and a significant level of interest in the NSNR Super Giant Oil Discovery. The two talks were on the verified volumes and the Geochemistry of the Devil’s Hole
Announcement of Global CPR Provider audit of Volumes confirmed as: Jurassic Sand – 1.2 BBO Mean Prospective Resources Upper Dolomite - 76 MMBO Mean Contingent Resources (NSNR Classification) Lower Dolomite - 412 MMBO Mean Prospective Resources Devonian Sand - 10 MMBO Mean Prospective Resources CEO – 2nd December 2019