CMS Data Package

<p style='color: rgb(76, 76, 76); font-family: &amp;quot;Avenir Next W01&amp;quot;,&amp;quot;Avenir Next W00&amp;quot;,&amp;quot;Avenir Next&amp;quot;,&amp;quot;Avenir&amp;quot;,&amp;quot;Helvetica Neue&amp;quot;,sans-serif; font-size: 16px; font-style: normal; font-variant: normal; font-weight: 400; letter-spacing: normal; margin-bottom: 1.5rem; margin-top: 0px; orphans: 2; text-align: left; text-decoration: none; text-indent: 0px; text-transform: none; -webkit-text-stroke-width: 0px; white-space: normal; word-spacing: 0px;'><span style='font-family: inherit;'><span style='font-family: &amp;quot;Arial&amp;quot;,sans-serif;'>The
North Sea Transition Authority (NSTA) launched the 32nd Offshore Licensing
Round on 11th July 2019. This included 16 blocks covering 15
Carboniferous and Bunter Fields that have reached CoP in the Southern North Sea
</span></span><span style='font-family: inherit;'><span style='font-family: &amp;quot;Arial&amp;quot;,sans-serif;'>Caister</span></span><span style='font-family: inherit;'><span style='font-family: &amp;quot;Arial&amp;quot;,sans-serif;'> Murdoch
System (CMS) area and estimated to contain over 800 bcf of stranded gas in
place </span></span><span style='font-family: inherit;'><span style='font-family: &amp;quot;Arial&amp;quot;,sans-serif;'>within existing fields, infill opportunities and
undeveloped discoveries.</span></span><span style='font-family: inherit;'><span style='font-family: &amp;quot;Arial&amp;quot;,sans-serif;'> </span></span></p><span style='display: inline !important; float: none; background-color: rgb(255, 255, 255); color: rgb(76, 76, 76); font-family: &quot;Avenir Next W01&quot;,&quot;Avenir Next W00&quot;,&quot;Avenir Next&quot;,&quot;Avenir&quot;,&quot;Helvetica Neue&quot;,sans-serif; font-size: 16px; font-style: normal; font-variant: normal; font-weight: 400; letter-spacing: normal; orphans: 2; overflow-wrap: break-word; text-align: left; text-decoration: none; text-indent: 0px; text-transform: none; -webkit-text-stroke-width: 0px; white-space: normal; word-spacing: 0px;'>

</span><p style='color: rgb(76, 76, 76); font-family: &amp;quot;Avenir Next W01&amp;quot;,&amp;quot;Avenir Next W00&amp;quot;,&amp;quot;Avenir Next&amp;quot;,&amp;quot;Avenir&amp;quot;,&amp;quot;Helvetica Neue&amp;quot;,sans-serif; font-size: 16px; font-style: normal; font-variant: normal; font-weight: 400; letter-spacing: normal; margin-bottom: 1.5rem; margin-top: 0px; orphans: 2; text-align: left; text-decoration: none; text-indent: 0px; text-transform: none; -webkit-text-stroke-width: 0px; white-space: normal; word-spacing: 0px;'><span style='font-family: inherit;'><span style='font-family: &amp;quot;Arial&amp;quot;,sans-serif;'>In
support of this Round a comprehensive data package has been put together over
the CMS area to help applicants evaluate this opportunity and </span></span><span style='font-family: &amp;quot;Arial&amp;quot;,sans-serif;'>progress the material re-development and
exploration of this area. This data release includes Cessation of Production
Reports, Relinquishment Reports and independent technical evaluations. </span></p>

Tags: Exploration, NSTA, Petroleum Licensing Round, SNS
Organization: North Sea Transition Authority