Dana Petroleum has signed an agreement to acquire Petro-Canada UK’s interests in offshore assets for $372m.

The acquisition assets include Petro-Canada UK-operated fields around the Central North Sea Triton area, the Nexen-operated Scott / Telford Moray Firth fields and the prospective Inner Moray Firth exploration portfolio.

The acquisition provides an additional 33.5 million barrels of oil equivalent and 44.3mboe of reserves for Dana Petroleum.