Faroe focuses on Lowlander/Perth hub in North Sea ABERDEEN, UK – Faroe Petroleum has agreed to acquire from North Sea Ventures a 50% interest in the Lowlander oil discovery in UK central North Sea block 14/20c.
Nov. 14, 2013 - Offshore Magazine
Faroe Buys 50% Stake in Lowlander Ahead of Development UK and Norway-focused Faroe Petroleum reported Thursday that it has bought the remaining 50-percent interest in the Lowlander oil discovery in the UK zone of the central North Sea. The acquisition means that Faroe now owns the undeveloped oilfield in its entirety.
Nov. 14, 2013 - Rigzone