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As of May 26, 2016, Pure E&P AS was acquired by Point Resources As. Pure E&P AS, an oil and gas company, focuses on exploration activities on the Norwegian Continental Shelf (NCS), the UK Continental Shelf, and the US Gulf of Mexico (GoM). It operates through two segments, Offshore Oil and Gas, and Geo-Technical Activities. The company is also engaged in the development and employment of technology for the integrated interpretation of geological, seismic, and electromagnetic data for the identification of hydrocarbon reserves. It primarily holds 24 licenses on the NCS and 9 leases in the GoM. The company’s exploration projects portfolio includes the Norvarg gas discovery in the Barents Sea and the Trident oil discovery in the GoM. Pure E&P AS was formerly known as Rocksource AS and changed its name to Pure E&P AS in July, 2015. The company is headquartered in Oslo, Norway.
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