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Charlie-Mimas P2584

Charlie-Mimas

Licence Number: P2584

License Blocks: 48/09 48/14B

Operator: Tangram Energy Ltd

Partners and % interest:

60% Tangram Energy
40% Ithaca Energy

License round acquired: 32

Asset Stage: Exploration

The partners are working on defining a work program to progress towards drilling and development.

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  • The P2584 licence work programme has been completed for Initial term Phase A including PSDM seismic reprocessing
  • Significant potential in the multiple prospects, GIIP more than 1 Tcf
  • Unproduced Mimas volumes remaining
  • Commercialisation is attractive given the current macro-economic conditions with sustained high energy prices, and the proximity to infrastructure allows an economically viable tie-back to Clipper infrastructure
  • Farm out Tangram’s interest to drill a commitment well in 2024-2026.

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