June 2023 Company News, Industry News

Concedo enters into strategic partnership with Attica Exploration

Shareholders in Concedo AS representing 99 % of the shares have accepted an offer by Attica Exploration AS to buy their shares with settlement in cash and/or shares in Attica Exploration AS. Attica Exploration AS is a newly formed private entity backed by Lundin family members, created in order to make an entry on the Norwegian Continental Shelf (NCS). When the transaction is completed, Concedo will become a 100 % owned subsidiary of Attica Exploration AS, where the Lundin family through Attica Exploration S.à r.l. (Luxembourg) will own the majority of the shares. Concedo shareholders representing 37 % of the Concedo share capital will participate in the new company by accepting settlement in the form of shares. The transaction is subject to necessary government approval.

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Concedo acquires a 25% interest in the Fenja and Vidsyn assets from Vår Energi

Concedo acquires a 25% interest in the Fenja and Vidsyn assets from Vår Energi

Concedo is pleased to announce the acquisition of a 25% interest in the Fenja and Vidsyn assets (PL 586 and PL 586 B) from Vår Energi. This transaction marks a major milestone for the company, increasing Concedo’s pro forma daily production in Q2 2026 from 1 200 to 3 200 boepd.

Concedo awarded two licences in the APA 2025

Concedo awarded two licences in the APA 2025

Including our 1st operated license!

Operator pre-qualification

Operator pre-qualification

Concedo received the operator pre-qualification letter from the Ministry of Energy on Thursday 16th October 2025. Final approval of Concedo as operator will be when Concedo obtains a production license as operator.