The granting forms an extension to European Gas’ Poissonnière and Désirée production permits and extends to the Belgian border. The permit is valid until September 2014 and is renewable.
The company’s current reserve and resource assessments exclude the potential reserves and resources within the Valenciennois exploration permit. The company has commenced a process of reviewing its reserves and resources for Gazonor and a new statement will be released to market in due course.
