Tuesday 6 September 2016

The Norwegian Petroleum Directorate has granted Det norske oljeselskap ASA a drilling permit for well 25/2-18 A, cf. Section 8 of the Resource Management Regulations.

Well 25/2-18 A will be drilled from the Maersk Interceptor drilling facility, at position 59°49'30.11"N and 2°37'54.1"E in production licence 442.

The drilling programme for well 25/2-18 A relates to the drilling of an appraisal well. Det norske oljeselskap ASA is the operator with an ownership interest of 90 per cent and LOTOS Exploration and Production Norge AS is a licensee with a 10 per cent ownership interest.

The area in this licence constitutes a part of block 25/2 and 25/3. Production licence 442 was awarded in APA 2006, on 15 June 2007. This is the second well to be drilled within the licence.

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