(Mallorca): Since start-up earlier in the year, the company has Source Energy obtained seed capital from primarily Norwegian investors, around 40 million, where the board of directors and the employees participated with 13 of these millions, writes Finansavisen.

The new company will be a pure letebasert oil companies and the Roar Tessem has already been joined by several strong names. Geologist Bjørn Martinsen, a nestor in the Norwegian petroleum industry, and former head of the MOL Norway, Lars Thorrud, is in full swing in the company’s offices at Tjuvholmen in Oslo.

– our Entire business plan has a horizon of four to five years, and require around 80 million dollars. We will be fullfinansierte in four to five years, we want that some kommiterer 80 to 100 million dollars, which we use as a credit facility if needed, ” says Tessem to Mallorca.

Tessem think there is huge potential to find more oil on the Norwegian continental shelf, and management in the Source to this week in forhandlingsmøter with the authorities. This is fixed procedure for parties who have applied for licenses in the annual “awards in Predefined Areas”, the APA 2018. This is oljelisenser that have been previously dealt and delivered back by the other actors, but that can be dealt again in the aftermath of, among other things, the technological developments and new ideèr.

– With the new ideèr and good data you can interpret up a lot of good prospektivitet. There is a good prospective area has an area with a lot of oil and gas that you later can build out, ” he says to the newspaper.

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