zennon petroleum v4 copy · to britannia platform who we are zennor petroleum is an independent uk...
TRANSCRIPT
Two horizontal subsea wells
20km tieback to Britannia platform
Who we areZennor Petroleum is an independent UK based oil and gas company specialising in the appraisal, development and production of hydrocarbons on the UKCS. Zennor currently has production of circa 5,000 boepd, with plans to create a diversified UK North Sea portfolio comprising at least 10,000 boepd net production, 100 mmboe 2P/2C and 200 mmboe prospective resources.
Our core focus is to build out from our existing ETAP and Britannia production hubs with low-risk appraisal drilling and development opportunities identified via our differentiated subsurface work flow.
Zennor Petroleum 100% owned Finlaggan Field fully financed with regulatory approval to reach first production in 2020
Finlaggan Project Overview
Regulatory Status Facilities
Environmental Statement approved by regulator (BEIS)
Field Development Plan approved by the regulator (OGA)
working interest and Zennor operated
£170 million of bank debt finance secured to fully fund development
mmboe of 2P reserves
First gas production in Q4 2020
100%
£262020
Martin Rowe Managing Director
Rod CrawfordTechnical Director
David Beaghan Operations Director
James Henry Finance Director
Graham Cooper Commercial Director
Development Schedule
Acquisition of Britannia Interest
Our Management Team
Contact
Drilling 2018
Drilling 2018
Two horizontal production wells plannedNorthern well (F1) drilled first
Southern well (F2) to be drilled in Q4 2018
Pipeline & subsea installation 2019
Britannia host modifications 2019 - 2020
Hook up & commissioning 2020
First gas production Q4 2020
Strategic acquisition of 8.97% working interest in the Britannia field announced in September 2018, subject to partner and regulatory consent.
Further potential tieback options to Britannia and Finlaggan on recent 30th round licence awards.
For media enquiries:FTI Consulting Sara Powell / Ben Brewerton+44 (0)203 727 1000 | [email protected]
Two subsea wells tied back to Britannia Platform