Statoil, Chevron Canada and Repsol E&P Canada have been awarded exploration rights in two areas of the Flemish Pass Basin, offshore Newfoundland and Labrador, Canada.
The land parcels are located west of Statoil’s Mizzen discovery.
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Licences were issued after a land sale by the Canada-Newfoundland and Labrador Offshore Petroleum Board.
Statoil said that it would be the operator of both licences with a 50% stake, with partners Chevron Canada and Repsol E&P Canada holding a 40% and 10%, respectively.
Statoil conducted an exploration programme at the Mizzen discovery and its Fiddlehead prospect in the Jeanne d’Arc Basin earlier this year.
