UK 27th Offshore Licensing Round
26 October 2012
Fairfield Energy is pleased to announce that the UK Department of Energy and Climate Change have offered the Company licences in the initial tranche of awards in the UKCS 27th Offshore Licensing Round, announced on 25th October. The licences offered are over Blocks 3/2b, 211/23e, 211/23f in the Northern North Sea and Block 43/28 in the Southern North Sea.
Commenting on today’s announcement, Chris Wright, CEO, said:
“We are very pleased to be awarded these four Blocks in the initial tranche of the 27th licensing round. Block 3/2b is adjacent to our Darwin project where we are currently drilling well 211/27e-13 on our 25th Round Acreage. The award of Blocks 211/23e and 211/23f will deepen our portfolio around our core Dunlin field area, allowing us to further develop these proven plays. The award of Block 43/28 is also a significant development for the Company as it allows us to broaden our exploration portfolio into the Carboniferous play in the Southern Gas Basin.”
Operations
Fairfield's strategy is to focus on the creation of value in selected blocks which we call Core Areas.
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Fairfield operates a socially responsible and safety conscious business with the highest regard for the environment.
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Fairfield was launched in November 2005 as one of the best-funded UK start-up companies in the North Sea.
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