Cluff Natural Resources
Cluff Natural Resources (CLNR) is a London-based and AIM-listed natural resources investing company. Its main focus is oil and gas exploration in the Southern North Sea. CLNR has assembled a high quality portfolio comprising a 100% equity interest in two licences in the Southern North Sea Gas Basin. CLNR has an independently assessed resource base that comprises a total P50 prospective resource of 2.4TCF (c. 440mmboe), with 6 drillable prospects over 3 proven and producing stratigraphic intervals.
An active farm-out process is being pursued to attract a suitable funding partner and leverage CLNRs 100% equity position.
In addition CLNR has applied for further licences in the OGAs 30th Licensing Round (expected to be announced in Q2 2018) which has the potential to materially expand CLNR’s portfolio in the region.