Petrolia Norway AS has been awarded a new license in the 2013 Award in Predefined Areas (APA) in Norway. Petrolia Norway have been awarded 20% of license PL 739S in APA 2013. The license is stratigraphic divided and valid for post Jurassic strata.

The PL 739S license is located south of the Oseberg South field and encompass- parts of the blocks 26/1, 31/10 and 31/11. Statoil Petroleum AS is the operator with a 50% share and Petoro AS holds the remaining 30% of the license. The work program is to acquire a 3D seismic survey before a drill or drop decision within the next 3 years.