Stavanger (17.04.18). Wellesley Petroleum AS (“Wellesley”) notes the NPD announcement of the results of wells 34/2-5S in Production Licence PL790 (see link below). The well was dry. Wellesley participates in PL790 with a 25% working interest.
Wellesley Petroleum is an independent oil company focused on exploration on the Norwegian Continental Shelf (NCS). Wellesley is qualified as an operator on the NCS and has built an attractive acreage position to enable the Company to be an active participant in exploration drilling in the coming years. Wellesley is funded by Bluewater Energy LLP and associates, specialist investors in the energy sector.