Azinor Catalyst awarded two licenses in UK government’s 30th offshore licensing round

5/24/2018

LONDON -- Azinor Catalyst Limited, the Seacrest Capital Group-backed E&P Company focused on the UK Continental Shelf, has announced that it has been awarded two licenses in the UK government’s 30th offshore licensing round.

The company has been awarded the following licenses:

  • 14/20a (split) (partnered with Dyas UK)
  • 15/17c and 18c (partnered with Ping Petroleum)

These licenses have been awarded on a drill-or-drop basis and are located in the Outer Moray Firth, Central North Sea. Azinor Catalyst will hold Operatorship in each of the licenses.

The company is on track to drill its Agar-Plantain well later this year, and said it looks forward to progressing other opportunities on its newly-awarded acreage.

Catalyst said it is delighted to be working with two such established producers and North Sea operators as Dyas and Ping Petroleum.

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