Oilers flock to UK frontiers

IN STARK contrast with a lack of interest from explorers in Australia’s offshore acreage offerings this year, the UK has enjoyed a solid uptake of acreage in frontier areas of its Continental Shelf using its new Innovate Licence.

Oilers flock to UK frontiers Oilers flock to UK frontiers Oilers flock to UK frontiers Oilers flock to UK frontiers Oilers flock to UK frontiers
The 29th Offshore Licensing Award offered frontier areas across the Rockall Basin, Mid-North Sea High, and part of the East Shetland Platform, some that have been considered moose pasture for decades,