Regulatory Filings • Jun 26, 2019
Regulatory Filings
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OKEA ASA - Development plan for Gjøa P1 project approved
Gjøa P1 (PL153) project have been approved by Norwegian authorities
Gjøa P1 project, where OKEA is a partner with 12% ownership, was today approved
by Norwegian authorities. P1's recoverable resources are estimated to be 3.8
million boe (net to OKEA) and it is expected to yield around 2 900 boe per
day (net to OKEA) at maximum production. Production start is expected late 2020.
More information about the project can be found in the operator's (Neptune
Energy Norge AS) press release:
https://www.neptuneenergy.com/en/news/green-light-for-neptune-energys-duva-and
-gjoa-p1-projects/
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