Lundin Receives Consent for Exploration Drilling in the Barents Sea

Wednesday 4 April 2018

The Petroleum Safety Authority in Norway have given Lundin consent to drill appraisal well 7220/11-5 S in production licence 609 in the Barents Sea.

The consent applies to drilling, completion and production testing of well 7220/11-5 S in production licence 609 in the Barents Sea.

The geographical coordinates are:

72° 01' 21.08" N

20° 29' 21.15" E

Water depth at the site is 386 metres.

Drilling is scheduled to begin in April and estimated to last around 134 days, including production testing.

The well is to be drilled by the Leiv Eiriksson mobile drilling facility. This is a semi-submersible drilling facility of the SS Trosvik Bingo 9000 type, owned and operated by Ocean Rig.

Leiv Eiriksson was issued with an Acknowledgement of Compliance (AoC) by the PSA in July 2008.