
Concedo completes acquisition of Fenja and Vidsyn
We are pleased to announce the completion of our acquisition of a 25% interest in licenses PL 586 and PL 586 B. The transaction has received all necessary approvals from Norwegian authorities.


We are pleased to announce the completion of our acquisition of a 25% interest in licenses PL 586 and PL 586 B. The transaction has received all necessary approvals from Norwegian authorities.

Joining OFFB (The Operator’s Association for Emergency Response) gives our team access to an experienced emergency response network as we prepare for future operations. We look forward to working closely with the team at OFFB and the rest of the operator community.

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.
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.

Concedo is now a member of OFFB
Joining OFFB (The Operator’s Association for Emergency Response) gives our team access to an experienced emergency response network as we prepare for future operations. We look forward to working closely with the team at OFFB and the rest of the operator community.

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.
