Gas discovery in Culzean prospect in UK North Sea

abarrelfullabarrelfull wrote on 04 Jun 2014 06:30

January 30, 2009

Nippon Oil Corporation (Mr. Shinji Nishio, Representative Director, President) announces today that MOC Exploration (U.K.) Limited ("MOEX", Mr. Makoto Koseki, President and CEO), 100% owned by Nippon Oil Exploration Limited ("NOEX", Mr. Makoto Koseki, President and CEO), which is the upstream arm of Nippon Oil Corporation, has made a promising gas discovery in the Culzean prospect in Block 22/25a in the UK North Sea.

The Culzean prospect is located in the UK North Sea about 240km north-east of Aberdeen. MOEX and its partners, Maersk Oil (Operator) and Eni, carried out drilling operations in the Culzean prospect from May to November 2008. We plan to appraise this gas find and evaluate commerciality and potential development options.

Nippon Oil Group has been conducting exploration, development and production activities for oil and gas in the North Sea and is committed to expanding its business activities in the North Sea, which is one of the core areas of Nippon Oil Group’s worldwide upstream business.

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