Fortis Petroleum U.K operates as a United Kingdom oil and gas upstream company that provides oil and gas exploration services. The parent company holds working positions in various exploration licenses across offshore Norway and South America, including the Central and Viking Grabens, the Stord Basin, and the Nordland Ridge. The company was founded in 2010 and is based in Asker, Norway. From the beginning of Fortis Petroleum’s activities, the emphasis has been to build significant investment value in the United Kingdom region, combined with its experienced and proven exploration team and access to well and seismic as well as geological database. These factors allow Fortis Petroleum to generate and monetize significant exploration targets to a highly attractive point in the value creation curve.
The company always uses cost effective and leading edge technology to identify and de-risk underexplored and mature prospects and in production hydrocarbon fields to invite partners to share the costs during the more capital intensive exploration and or drilling phases.
Fortis Petroleum manages a significant and active licensed portfolio across onshore and offshore United Kingdom basins. Through the utilization of its data access and qualified experienced team, Fortis Petroleum continues to mature exploration concepts into both, underexplored to drillable prospects, which will attract the motivated partners to share its licenses.
The company has a diversified portfolio of offshore and onshore acreage in United Kingdom (47,057 km²), Norway (72,000 km²), Uruguay (1,745 km²), Bolivia (119 km²), Suriname (2,370 km²) and Belize (10,800 km²).
Fortis is primarily funded by the Seacrest Capital Group Ltd.
Seacrest Capital Group is a leading independent energy investor specialising in offshore oil & gas investments, leveraging its proprietary assets, relationships, operational and technical capabilities to build a diversified, global portfolio of regionally focused oil & gas companies.
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