UK: Caithness, Trap Oil swap Moray Firth interests

A subsidiary of Caithness Petroleum Ltd., private British independent, has closed an agreement with a unit of Trap Oil Group PLC to revise the equity interests and carried work obligations that relate to the P1270 (Block 11/24) and P1286 (Block 11/23) shared licenses in the UK Inner Moray Firth.

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