14 Jan 2025 17:51 CET

Issuer

Pandion Energy AS

Pandion Energy has been awarded three licenses under the 2024 Norwegian APA
(Awards in Predefined Areas) Licensing Round on the Norwegian Continental Shelf.
The official announcement was made on Tuesday, 14 January, by the Ministry of
Energy.

The awarded licenses include:

- PL 006 G in the Southern North Sea, additional acreage to the Valhall and Hod
fields where Pandion Energy holds a 10 percent interest.
- PL 1151 B, located in the Greater Gjøa area in the North Sea where Pandion
Energy holds several licenses including the Nova field and the Ofelia discovery.
Pandion Energy has been offered a 20 percent interest in PL 1151 B.
- PL 263 H, additional acreage to the Sierra & Solberg discoveries in the
Norwegian Sea, where Pandion Energy holds a 49 percent interest.

For additional details on the APA 2024 Licensing Round, please refer to the
Norwegian Offshore Directorate’s website
(https://www.sodir.no/en/facts/production-licences/licensing-rounds/apa-2024/).

For more information about Pandion Energy please visit: www.pandionenergy.no


Source

Pandion Energy AS

Provider

Oslo Børs Newspoint

Company Name

Pandion Energy AS 22/26 9.75pct USD C

ISIN

NO0012535816

Market

Nordic Alternative Bond Market