Norfolk Norfolk East Bagpuss Blofeld Cloud Golden Phoenix Del Monte Kipling

*Subject to DECC approval and Statoil's acceptance and executing of licence documents. Statoil has acquired, through the 28th UKCS Licencing Round, the acreage neighbouring the Bagpuss and Blofeld prospects (Blocks 13/24c and 13/25). Statoil acquired 100% of the acreage (that includes Blocks 13/30b(Part), 14/21,14/22, 14/26b (Split) & 14/27 (Split)) directly to the east and south of the main Bagpuss and Blofeld prospects by committing to a contingent well in addition to geoscience work. NSE views this strong commitment by Statoil as further validation of the merits of the Bagpuss and Blofeld prospects.

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Company Overview

 

North Sea Energy Inc. (NSE) (TSX-V: NUK) is an oil and gas exploration and appraisal company that holds a portfolio of high impact opportunities focused on the Moray Firth in the offshore UK North Sea. These opportunities include Bagpuss and Blofeld (blocks 13/24c and 13/25), Norfolk (blocks 12/16b and 12/17b), Cloud (block 14/29b), Del Monte (block 19/3) and Golden Phoenix (block 18/10a).

Symbol: TSX-V: NUK

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