Hansa Hydrocarbons awarded licences in Germany and the Netherlands

Jun 30, 2015 12:00 AM

Hansa Hydrocarbons announced Wednesday that it has recently been awarded a number of licences in the Dutch and German sectors of the Southern North Sea. The awards comprise five contiguous licences, namely Blocks N04, N05, N07c & N08 in the Netherlands and the Geldsackplate licence in Germany, together termed the GEms (Gateway to the Ems) acreage.

The gross area is some 814 sq kms and the licences are situated approx. 20 km north and north east of the Dutch island of Schiermonnikoog. The water depth ranges from 10 m to 30 m. The GEms acreage is bounded to the north and north-east by the 4Quads and H&L licences where Hansa holds interests of 60% and 20% respectively.    

The exploration targets are a continuation of the basal Rotliegend play proven in the neighboring H&L acreage and recognised in the 4Quads.  The area benefits from extensive coverage of modern 3D seismic data acquired in the mid-1990s however no wells have been drilled on the licences with the benefit of this data.  Hansa’s propriety studies of the existing well data have enabled the reservoir sands to be mapped directly on 3D seismic over extensive structural closures which together hold significant resource potential. As a first stage of the work program, Hansa is reprocessing the existing 3D seismic data in order to enhance imaging.  Hansa is operator of all the licences holding a 100% in the Geldsackplate licence and a 60% interest in the Dutch licences post participation by EBN, the Dutch state entity.      

John Martin, Hansa Hydrocarbon’s CEO, said: 'These awards further extend Hansa’s unique position in the basal Rotliegend play across our adjacent 4Quads and H&L licences and add well-defined low risk prospectivity to our growing resource base. They are testimony to our ability to identify material opportunity in a mature basin through conducting significant regional work and leveraging knowledge across the basin and across borders.  With processing of the large 4Quads 3D seismic survey acquired in 2014 due to be complete in the coming months and the re-processing of the existing 3D seismic across the GEms acreage, there is some real momentum building up in pursuit of this multi-tcf conventional gas play which will lead to exploration drilling within the next eighteen months.'

Photo - see caption
Hansa Hydrocarbons awarded licences in Germany and the Netherlands - GEms acreage

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