Thursday 9 June 2016

The Norwegian Petroleum Directorate has granted Lundin Norway AS a drilling permit for well 7220/11-3 AR, cf. Section 8 of the Resource Management Regulations.

Well 7220/11-3 AR will be drilled from the Leiv Eiriksson drilling facility at position 72°56'45,94" north and 22°19'26,18" east in production licence 609.

The drilling programme for well 7220/11-3 AR relates to the deepening of appraisal well 7220/11-3 A, which was temporarily plugged and abandoned in 2015 in production licence 609.

Lundin Norway AS is the operator with an ownership interest of 40 per cent. The other licensees are Idemitsu Petroleum Norge AS and DEA Norge AS, each with 30 per cent. The area in this licence consists of blocks/parts of blocks 7220/6, 7220/9, 7220/11, 7220/12 and 7221/4. The well will be drilled about four kilometres south of the 7220/11-1 discovery well.

Production licence 609 was awarded on 13 May 2011 in the 21st licensing round on the Norwegian shelf.

The permit is contingent on the operator securing all other permits and consents required by other authorities prior to commencing the drilling activities.