EnQuest closes acquisition of Whalsay’s Bentley field in UK North Sea
EnQuest closes acquisition of Whalsay’s Bentley field in UK North Sea
UK oil and gas company EnQuest has completed the buy of a 100 per cent equity interest in the P.1078 license containing the proven Bentley heavy-oil discovery from Whalsay Energy.
The transaction was conducted through the acquisition of Whalsay’s subsidiary, Whalsay Energy Limited, which holds the license as its only asset, on a cash, liability, and debt-free basis.
As for the financial details,...