EnQuest plc has completed its acquisition from Whalsay Energy Holdings Ltd of P1078 licence containing the proven Bentley heavy oil discovery in the North Sea.
Bentley is one of the largest undeveloped oil fields in the UK Continental Shelf with estimated stock-tank oil initially in place of 900 MMbbls.
The discovery lies within 15km of the group’s existing Kraken and Bressay operated interests and is expected to offer further long-term potential development opportunities.