HitecVision is pleased to announce that Pure E&P, Spike Exploration and Core Energy have been awarded licenses in the 2015 Norwegian APA (Awards in Pre-defined Areas) Licence Round on the Norwegian Continental Shelf.

The license awards were announced by the Minister of Energy today. Pure E&P has been awarded three licenses, including two operatorships. Core Energy has been awarded five licences, and Spike Exploration three.

These three companies are preparing to merge and become Point Resources, and with eleven license awards in total, Point is the second largest recipient of new licenses in this annual license round.

About HitecVision

HitecVision is Europe’s leading private equity investor focused on the upstream offshore oil and gas industry. HitecVision is headquartered in Stavanger, the center of the Norwegian oil and gas industry, and has offices in Oslo and Houston. Since 1994, we have invested in, acquired or established more than 150 companies (including add-on acquisitions).