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Member News10th May 2017

Parkmead acquisition doubles its stake in key North Sea gas area

Parkmead, the UK and Netherlands focused independent oil and gas group, is delighted to announce that it has signed a Sale and Purchase Agreement with Verus Petroleum (SNS) Limited to acquire a 50% interest in UK North Sea Licence P.2209 which contains the Farne Extension prospect and a further four prospective leads. Read more…