Significant discoveries - Hades & Iris prospects
4 April 2018 Faroe Petroleum plc ("Faroe", "Faroe Petroleum", the "Company") Significant gas/condensate discoveries in Hades and Iris prospects, Norway Faroe Petroleum, the independent oil and gas Company focusing principally on exploration, appraisal and production opportunities in Norway and the UK, is pleased to announce significant discoveries in both the Hades and Iris prospects in licence PL 644 B (Faroe 20%), located in the Norwegian Sea. The exploration well 6506/11-10 targeted two formations: the Cretaceous Hades prospect and the Jurassic Iris prospect located