Total buys in to UK shale permits

DART Energy and its joint venture partners in the UK's Bowland shale in Lincolnshire have entered into a farm-out agreement with French supermajor Total SA for the PEDL 139 and 140 permits.

Total buys in to UK shale permits Total buys in to UK shale permits Total buys in to UK shale permits Total buys in to UK shale permits Total buys in to UK shale permits

Total will assume a 40% interest in the licences, which the other JV members agreed to facilitate through the shuffling of their own interests.

The acquired interest will see Total pay $US1.

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