Despite being highly prospective, the Scottish government has placed a moratorium on the exploration and development of any acreage. Consequently, we have an Outlook Negative.
August 17, 2023
Europe - North West
Onshore & Offshore
The MVFB is a northeast/southwest trending basin, bounded to the north by the Highland Boundary Fault and the south by the Southern Uplands Fault. The principal sediments were deposited in alluvial environments in the Mid-Devonian onwards.
There has been a significant amount of activity in the Basin to date, especially in the offshore area of the Basin, but prospectivity remains both onshore and offshore.
Source: ESRI, BGS, USGS & OGA data
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