News

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NPD press release on Grosbeak oil and gas discovery

Published 29/10/2018

Results from the Grosbeak appraisal drilling (PL248I), were today published on the NPD website. The Grosbeak discovery extends into our PL925, located immediately to the east of PL248I. Concedo holds a 10% share of the licence PL925, while the operator Wellesley Petroleum AS holds the remaining 90%. Wellesley Petroleum AS... More


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Dry well near the Grosbeak oil and gas discovery in the North Sea – 35/12-7

Published 25/07/2018

Concedo holds 10% interest in PL 925. Please find below the press issue by the Norwegian Petroleum Directorate: 25.07.2018 Wellesley Petroleum AS, operator of production licence 925, is in the process of completing the drilling of wildcat well 35/12-7 in the North Sea. The well was drilled about 2 km... More


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Kallåsen – minor oil discovery

Published 04/07/2018

Concedo holds 10% interest in PL 925. Please find below the press issue by the Norwegian Petroleum Directorate: Minor oil discovery and dry appraisal well southeast of oil discovery 35/9-7 (Nova) in the North Sea – 35/12-6 S and 35/12-6 A 04.07.2018 Wellesley Petroleum AS, operator of production licence 925,... More


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Concedo’s drilling campaign for the summer is about to commence

Published 09/05/2018

Concedo’s drilling campaign for the summer is about to commence. The two wells are located in PL 925, approximately 40 km north of the Troll Field.   The first well, Kallåsen 35/12-6S, and the second well, Serin 35/12-7, both have contingent sidetracks and well tests depending on the well results.... More


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Minutes from the Annual General Meeting, 23rd March 2018

Published 23/03/2018

On the 23rd March 2018, the Annual General Meeting was held in Concedo’s offices in Torvgården, Torvveien 1, 1383 Asker. Attached are the minutes of the meeting: Concedo ASA Annual General Meeting 2018 Minutes (Norwegian & English)  


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Notice convening Annual General Meeting of Concedo ASA, 23rd March 2018

Published 09/03/2018

Shareholders are hereby invited to attend the Annual General Meeting (ordinær generalforsamling) of Concedo ASA, March 23rd 2018. Attached is the invitation agenda and form for attendance or proxy, first in the Norwegian language, followed by an English translation. Documents related to matters to be considered are included. Call for... More


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PL 925 – Two wells planned for drilling 2018

Published 18/01/2018

PL 925, recently awarded in the APA 2018 Round, is planned to be drilled with two wells this summer (2018). The licence is located north of the Troll Field, covering the southernmost part of Block 35/9 and northwestern part of Block 35/12. See map for more information.