Share Issue/Capital Change • Jan 14, 2025
Share Issue/Capital Change
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Pandion Energy awarded new acreage in the 2024 APA licensing round
Pandion Energy has been awarded three licenses under the 2024 Norwegian APA (Awards in Predefined Areas) Licensing Round on the Norwegian Continental Shelf. The official announcement was made on Tuesday, 14 January, by the Ministry of Energy.
The awarded licenses include:
- PL 006 G in the Southern North Sea, additional acreage to the Valhall and Hod fields where Pandion Energy holds a 10 percent interest.
- PL 1151 B, located in the Greater Gjøa area in the North Sea where Pandion Energy holds several licenses including the Nova field and the Ofelia discovery. Pandion Energy has been offered a 20 percent interest in PL 1151 B.
- PL 263 H, additional acreage to the Sierra & Solberg discoveries in the Norwegian Sea, where Pandion Energy holds a 49 percent interest.
For additional details on the APA 2024 Licensing Round, please refer to the Norwegian Offshore Directorate’s website (https://www.sodir.no/en/facts/production-licences/licensing-rounds/apa-2024/).
For more information about Pandion Energy please visit: www.pandionenergy.no
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