NEO Energy: Completion of JX Nippon acquisition

NEO Energy has today announced the completion of its previously announced acquisition of 100% of the share capital of JX Nippon Exploration and Production (U.K.) Limited.

JX Nippon UK holds non-operated interests in multiple producing fields and associated infrastructure in the UK North Sea, including a 20% interest in the Mariner field and an 18% interest in the Culzean field. The transaction excludes JX UK’s interests in the Andrew Area.