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Exploration Drilling Result: Well 6507/2-5 S

Posted: 17 September 2019

Stavanger (17.09.2019). Wellesley Petroleum AS refers to the NPD announcement of the 6507/2-5 S gas discovery in the Norwegian Sea. The well was drilled in production licence 942 where Wellesley participates with a 30% working interest.

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PGNiG Upstream Norway AS signs SPA with Wellesley Petroleum AS to acquire 20% participating interest in Duva development

Posted: 12 July 2019

Warsaw (12.07.2019). PGNiG Upstream Norway AS has signed an SPA with Wellesley Petroleum AS to acquire 20% participating interest in licences PL636 and PL636B, effective 01.01.2019.

20190712_Duva_press_release.pdf

 

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Exploration Drilling Result: Well 25/1-13

Posted: 13 March 2019

Stavanger (13.03.19).Wellesley Petroleum AS, operator of production licence 871, is in the process of completing the drilling of wildcat well 25/1-13 in the North Sea. The well was dry

http://www.npd.no/en/news/Exploration-drilling-results/2019/251-13/

 

/>Wellesley Petroleum is an independent oil company focused on exploration on the Norwegian Continental Shelf (NCS). Wellesley is qualified as an operator on the NCS and has built an attractive acreage position to enable the Company to be an active participant in exploration drilling in the coming years. Wellesley is funded by Bluewater Energy LLP and associates, specialist investors in the energy sector.
wellesley.no

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Submission of the Duva PDO

Posted: 21 February 2019

Wellesley Petroleum AS («Wellesley») notes the Press Release issued today by the Ministry of Petroleum (MPE) announcing the submission of the Duva (PL636) PDO. Wellesley holds a 20% interest in the PL636.

Chris Elliott, CEO of the Wellesley Group of

companies, commented: “This is a milestone for our company, and a large step towards Wellesley first oil. We are very pleased to see the PDO of Duva submitted.”

The press release from the MPE can be found at the link below:

https://www.regjeringen.no/no/aktuelt/ny-side2/id2630012/

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