Sterling sells UK subsidiary and Cairn takes Irish acreage: Northwest Europe week in focus
The week in focus covers all exploration and appraisal drilling activity throughout Northwest Europe. The report also provides comprehensive coverage of deals and licensing activity. A well tracker is available for download. This weeks edition covers: In the UK, Sterling Resources announced the sale of its UK subsidiary to Oranje-Nassau Energie. In Norway, Statoil is drilling one and Lundin two appraisal wells, while Oranje-Nassau Energie announced the result of its exploration well on Bravo prospect in Netherlands. In Ireland, Cairn Energy acquired stakes in deep-water acreage.