2009-08-15-2008-11-01

Transaction Type
Announce Date
Post Date
Estimated Price
MM
Description

Farm in to earn 35% WI in licenses covering Block 48/16b, Block 48/17d in Southern North Sea to appraise the Chablis prospect.

Hansa Hydrocarbons Ltd. plans to farm into licenses covering Block 48/16b and Block 48/17d in the Southern North Sea held by Serica Energy Plc, London (London Aim: SQZ). Serica currently has a 100% working interest in the licenses, and Hansa will earn a 35% working interest in return for contributing on a promoted basis to the cost of a well to appraise the Chablis prospect in Block 48/16b, scheduled to commence drilling in mid-October. Serica will remain operator.