UK-based energy company Viaro Energy said Thursday that following approval from the UK North Sea Transition Authority (“NSTA”), all conditions have been met to complete the farm-in agreement with Hartshead Resources Ltd., as announced on April 5, 2023.
Viaro’s subsidiary, RockRose Energy has acquired a 60% working interest in Licence P.2607 in the Southern Gas Basin in the North Sea, in which Hartshead is undertaking a phased redevelopment of previously producing gas fields.