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Longboat Energy executes a two-well farm-in agreement with OMV

The licences contain two firm wells on the Oswig and Velocette prospects anticipated to drill in the summer 2022 and 2Q23 respectively. All the licences are operated by OMV which will retain a 40% working interest post-transaction.


Green light for Hod B

Hod B in the North Sea will soon come on stream, thanks to an unmanned facility remote-controlled from the Valhall field.