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 […]
Tag: Bentley heavy oil – North Sea
EnQuest to acquire Bentley heavy oil discovery
EnQuest plc has agreed to acquire the proven North Sea Bentley heavy oil discovery from Whalsay Energy Holdings Ltd. OPPORTUNITIES The share purchase agreement (SPA) for 100% equity interest in licence P1078 is through the acquisition of Whalsay’s subsidiary, Whalsay Energy Limited (WEL) on a cash, liability and debt free basis. “This discovery is within […]