P2427 Licence Award.

Comtrack's subsidiary Simwell Resources announces the award of Block 43/2 (part) licence (P2427) in the UK 30th Licensing Round. Simwell’s stake in the block is 50%, together with Ardent Oil Ltd and Horizon Energy Partners Ltd, both of whom hold a 25% stake.

This licence was awarded under the Innovate Licensing regime introduced by the UK's Oil and Gas Authority (OGA).