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UK: Orcadian Energy announces potential farm-in to its recently awarded SNS Licence

AIM-listed Orcadian Energy has agreed a non-binding Heads of Agreement ( HoA ) with a potential farm-in partner on its recently awarded SNS Licence. Orcadian has also agreed a proposed long-term loan of $1.4m, payable to Orcadian, from an affiliate of the farm-in partner. ....

Steve Brown , Field Development Plan , Orcadian Energy ,