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| Share Name | Share Symbol | Market | Type |
|---|---|---|---|
| Parker Hannifin Corp | TG:PAR | Tradegate | Ordinary Share |
| Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
|---|---|---|---|---|---|---|---|---|---|---|
| 8.00 | 1.59% | 510.80 | 509.00 | 512.60 | 516.00 | 502.40 | 505.60 | 255 | 22:50:18 |
From Jul 2019 to Jul 2024
By Dominic Chopping
STOCKHOLM--Swedish oil and gas company PA Resources AB (PAR.SK) said Thursday it has been successful in the U.K.'s 28th Seaward Licensing Round and has been provisionally awarded Blocks 22/18c and 22/19d as part of a group comprising of PA Resources (25%), E.On (40%), Cairn Energy's wholly-owned subsidiary Nautical Petroleum (25%) and First Oil and Gas (10%).
The awarded blocks lie adjacent to PA Resources' Block 22/19a which contains an undeveloped gas and condensate discovery.
Whilst PA Resources operated the UK 28th Round licence evaluation and application, E.On will assume operatorship on award.
Blocks 22/18c and 22/19d contain the large Ekland prospect on which the group has bid a firm exploration well in the initial four year licence term.
At 0907 GMT shares traded 3.3% higher at SEK2.50.
-Write to Dominic Chopping at dominic.chopping@wsj.com; Twitter: @WSJNordics
Subscribe to WSJ: http://online.wsj.com?mod=djnwires
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