BUDAPEST--MOL Nyrt. (MOL.BU), a Hungary-based Central European
oil and gas company has been offered four "highly prospective"
licenses in the UK Continental Shelf after bidding in the UK's 28th
Seaward Licensing Round, MOL announced in a stock exchange filing
Thursday.
MAIN FACTS:
- If MOL accepts the licenses, it will become an operator in the
North Sea
- All offered licenses have Drill or Drop well obligations and
are located in the Central and Northern UK North Sea.
- MOL has focused on its strategic play knowledge and
capabilities and will be seeking to further define and de-risk
these latest license additions to its current UK portfolio of
assets through quantified and technology driven exploration.
- MOL first acquired four offshore licenses in December 2013,
followed by six further offshore license purchases in June this
year.
- MOL opened up 0.3% in Thursday's trading at HUF11,920.
Write to Veronika Gulyas at veronika.gulyas@wsj.com; Twitter:
@VeronikaGulyas1