The company, which is the UK-based subsidiary of Abu Dhabi National Energy Company, holds a 40.1% stake in the licence P1064 play after buying shares from Sterling Resources, Premier Oil and Dyas UK in three separate farm-ins over the past year.

The operatorship stemming from the last farm-in in August was activated after the submission of a field development plan to the UK authorities.

Sterling Resources remains a partner on 26.5% at the block 201/29a and 210/30a field, with Germany’s Wintershall on 33.5%.

TAQA Bratani managing director Leo Koot said that gaining operatorship of the Cladhan field was significant for the explorer as it lies only 17.5 kilometres southwest of its Tern development.

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