P1724 Pegasus

Block 43/13b

Activity Status

Asset sold to Third Energy in May 2015 for GPB 7.5MM plus another potential GBP 9MM in milestone payments subject to certain milestones being achieved

JV Partners and Interests

• Centrica North Sea Gas Limited (Operator) 55%
• Halo Offshore UK Limited 45%

Appraisal

Atlantic Petroleum entered the licence in June 2011 following the acquisition of Volantis Exploration.