May 21st 2012 - Edison Investment Research today published a report on North Sea Energy entitled "Resource Upgrade". In summary, the report says:
As a result of the work of independent petroleum consultant, Senergy, on 15 May 2012 North Sea Energy (NSE) was able to announce a 48% increase in its P50 prospective resources. This was driven by a 291% increase in the Badger prospect’s resources. This increases the potential upside available if, and when, an exploration well is drilled and commerciality is proved.
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