In August 2013, Hansa acquired interests in various non-operated mature gas fields from Noble Energy in the UK Southern North Sea. The deal was completed on 25th November 2013.
The Malory, Guinevere and Lancelot fields are largely located in Blocks 48/12d and 48/17b of the UK Southern North Sea some 60 kilometers north of the Norfolk coastline. Production commenced from Lancelot and Guinevere in 1993 and from Malory in 1998. The fields form part of the Lancelot Area Pipeline System (LAPS) catchment area where production is delivered through a dedicated pipeline and onshore compression facility to the Perenco Bacton gas processing facilities in Norfolk. For 2012, combined production of the three fields was 21 million cubic feet per day gross or 3 million cubic feet per day net to the Noble interests.
Hansa holds a 24% interest in Malory, a 25% interest in Guinevere and a 2% interest in the Lancelot field and associated pipeline and compression facilities. The remaining equity is held by Perenco who also acts as operator.