Bayerngas Norge was today awarded 7 new licenses of which 1 as operator.
Bayerngas Norge strengthens its position on the Norwegian Continental Shelf
(Oslo January 15th, 2013) Bayerngas Norge has today been awarded 7 licenses in the Awards in Pre-defined Areas (APA). The awards support the ambitions of the company.
Bayerngas Norge was today awarded 7 new licenses of which 1 as operator. The company is very satisfied with the awards. The company is currently expanding its activities heavily with five fields in production, three under development and several discoveries under planning.
Bayerngas Norge is in the process of building a substantial portfolio of attractive exploration licenses and today’s award is an important step in the right direction. The company is particularly satisfied with the award of 1 license as operator and aim for operatorships in the exploration, development and production phase.
Before today’s awards the company had 54 licenses of which 35 in Norway, 13 in the UK and 6 in Denmark. With today’s awards the company has 61 licenses of which 1 as operator in the UK and 2 as operator in Norway.
-The awards today fit well into our portfolio and are important for our strategy. The long term ambition of our shareholders is to strengthen the position on the Norwegian Continental Shelf and secure access to gas. In addition we are happy to see the competent and ambitious group of companies we will work with in the various licenses. This is promising for our future, says Arne Westeng, managing director of Bayerngas Norge.
For more information, please contact:
Bayerngas Norge AS
Tlf: +47 404 49 102
Bayerngas Norge AS is active in Norway, Denmark and the UK. In 2012 the company produced from five fields, with a turn-over of 370 mill€. The company has 80 employees and is wholly owned by financially strong, municipal energy companies in Germany, Switzerland and Austria. The shareholding companies invest in Norway to secure energy supplies to customers in Europe. For more information see: www.bayerngasnorge.com