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Asset transaction – PL 607

Published 30/06/2014

Today, Monday 30. June, Concedo  ASA and Total E&P Norge AS (Total) have completed the sale of Concedo’s 20% share in PL 607 to Total for an after tax consideration. The effective date  for the transaction is 1/1/2014, however, with the exception that Concedo has covered the cost of the... More


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The Byrkje well is dry

Published 11/04/2014

The operator, GDF SUEZ E&P Norge, has completed drilling of wildcat well 7218/8-1 (Byrkje). The well is dry. The well was drilled about 65 kilometers southwest of the oil and gas discovery 7220/8-1 Johan Castberg and 130 km northwest of the Snøhvit field in the Barents Sea. Please read the... More



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Notice convening Annual General Meeting of Concedo ASA, 28th March 2014

Published 07/03/2014

Shareholders are hereby invited to attend the Annual General Meeting (Ordinær generalforsamling) of Concedo ASA. Attached is the invitation agenda and notice of attending, first in the Norwegian language, followed by an English translation. Documents related to matters to be considered are included.   Notice Convening Annual GM 2014 Concedo... More


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The Byrkje well has spud (PL 607)

Published 03/03/2014

With reference to the PL607 Operators’ (GdF Suez) press release Concedo has the following information: On Friday 28 February the drilling rig Transocean Barents came on contract for GDF SUEZ E&P Norge AS to drill the exploration well 7218/8-1 Byrkje in PL 607. Transocean Barents has finished it’s operation at... More


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Novus well resulted in a small oil and gas discovery

Published 27/01/2014

The Novus exploration well, 6507/10-2S in the Norwegian Sea resulted in a small oil and gas discovery. The licence operator, Faroe Petroleum, has published more information on their website (http://www.fp.fo/Default.aspx?pageid=1031&NewsItemID=17816 ), of which the key information is as follows:   The Faroe-operated Novus exploration well 6507/10-2S in the Norwegian Sea... More


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Concedo ASA is awarded in the APA 2013 Round

Published 22/01/2014

Concedo ASA is pleased with the recent awards in the APA 2013 Round. Seven licences were awarded to Concedo: Four licences in the North Sea, one in the Norwegian Sea and two in the Barents Sea. The Licences awarded to Concedo are: Production Licence: 670 B Block(s): 7/11 Tullow Oil... More