Finder Energy has been awarded a 100% interest in P2530 in the 32nd UK Offshore Licensing Round.

P2530 is located in the Central North Sea and covers an area of 576 square kilometres and is located 140km ENE of Aberdeen in water depths of around 90 metres (see Location Map). P2530 is surrounded by oil fields including the Greater Kittiwake Area and the prolific Forties Oil Field. Finder has identified stacked play potential with key objectives being the Lower Cretaceous and Upper Jurassic sandstone reservoirs.

“The North Sea is a prolific oil and gas province both in terms of resources and infrastructure. The North Sea’s exceptional data coverage and quality makes it a natural extension of Finder’s technically-driven exploration strategy. P2530 is our first step in building a meaningful presence as a North Sea explorer”, said Damon Neaves, CEO of Finder.

KeyFacts Energy: Finder Energy UK country profile