Licence P1242 contains the Platypus Discovery in the Southern North Sea. The Rotliegend reservoir accumulation was discovered in 2010 and appraised with a horizontal well in 2012. The discovery well encountered a 221 ft tvd column of gas. The subsequent appraisal well tested at 27 mmscf/d and demonstrated an accumulation with the potential for in excess of 100 bcf of reserves.
There is an untested Rotliegend structure, Possum, to the east of Platypus.