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24/06/2013 The Norwegian Petroleum Directorate has granted Lundin Norway AS a drilling permit for well 7120/1-3, cf. Section 8 of the Resource Management Regulations.
Well 7120/1-3 will be drilled from the Transocean Arctic drilling facility at position 71 54` 10.37" north and 20 16´ 11.59" east.
The drilling program for well 7120/1-3 relates to drilling of a wildcat well in production licence 492. Lundin Norway AS is the operator with an ownership interest of 40 per cent. The other licensees are Det norske oljeselskap ASA with 40 per cent and Noreco Norway ASA with 20 per cent.
The production licence consists of parts of blocks 7120/1 and 7120/2. The licence was awarded in APA 2007.
Wildcat well 7120/1-3 is the first exploration well in production licence 492.
The permit is contingent upon the operator securing all other permits and consents required by other authorities before commencing drilling activities.
Contact in the NPD
Kristian Runestad, tel. +47 51876027