– The start of a new era for M Vest Energy

M Vest Energy hit jackpot in the Awards in Predefined Areas 2018 (APA 2018) when the Ministry of Petroleum and Energy awarded the Bergen company ownership in four new production licenses. M Vest Energy was awarded 10 per cent in PL 1019 in the Vøring Basin in the Norwegian Sea, 10 per cent in PL […]

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M Vest Energy joins OFFB

M Vest Energy has started the process of becoming prequalified as operator on the Norwegian continental shelf. This is done as a natural step in the company’s strategy. In this regard, the company has decided to become a member of the Organization of Operators Association for Emergency Planning (OFFB). OFFB is a user-controlled and non-commercial […]

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Transaction completed

The transaction between seller P/F Atlantic Petroleum and M Vest Energy AS regarding the purchase of the assets in Atlantic Petroleum Norge was completed today January 20th. M Vest Energy will take over licenses, staff, IT-systems, seismic and a cash-holding after the transaction and will progress exploration programs and residual activity in the former Atlantic […]

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M Vest Energy is increasing in PL 528

M Vest Energy has conducted a swap with Point Recourses regarding participating interest in two exploration licenses, valid from 20.01.2017 M Vest Energy´s share is 15 % in PL659 (Barents Sea) is swapped in exchange for ten – 10 % in PL528 (The Norwegian Sea), where the company´s share is now 19 %. «This transaction […]

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M Vest awarded license in the licensing round TFO 2016

One month after M Vest received its approval as a license holder on the Norwegian Continental Shelf, the company has been awarded with its first license. «This is very delightful, and it is an evidence that we are considered fully professionally and financially suitable to participate in new licenses», says COO in M Vest Energy, […]

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M Vest Energy approved as a license holder on NCS

M Vest Energy was qualified today, December 19th 2016, by the Norwegian Oil and Energy Department as a license holder on the Norwegian Continental Shelf. Highly qualified employees and owners with industrial competence form the foundation for the approval. The contract regarding the acquisition/transaction of the Norwegian part of Atlantic Petroleum was announced March 8th […]

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