E.ON in Norwegian farm-out:
E.ON is getting rid of a sizeable portion of its stake in a Norwegian offshore play after reaching a farm-out deal with local player Explora Petroleum.
The Norwegian junior is picking up a 20% slice in production licence 484 in the Norwegian Sea, leaving E.ON on just 10%.
The licence is operated by Noreco on 40% with Dana Petroleum in for 30%.
http://www.upstreamonline.com/live/article1318524.ece
