Cluff announces rise in southern North Sea resources

Cluff Natural Resources (CLNR) has announced a significant increase in P50 prospective resources on its 100% owned licence P2252 in the southern North Sea, from 162bn cf to 636bn cf following technical work focusing on the Zechstein prospects. The increase is primarily due to the newly named Pensacola prospect, which the company estimates to have P50 prospective resources of 424bn cf, providing significant exploration upside potential on the licence.