MOL Extends its Upstream Portfolio in the Central North Sea

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MOL Extends its Upstream Portfolio in the Central North Sea

- MOL Group acquired offshore assets in 6 licenses from Premier Oil - MOL’s 2P reserves increased by 14.3 MMboe from three producing fields - MOL Group’s overall UK peak production is expected to reach 20-22 mboepd in 2018 - Purchase price USD 130 mn is subject to adjustments at closing
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Contacts

Stephen Ballard

Press contact Managing Director Oil and Gas +4401306882288

Ben Bladon

Press contact Account Director Energy PR +4401306882288

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