Drilling permit for well 6507/8-10 S in production licence 889

08/01/2020 The Norwegian Petroleum Directorate has granted Neptune Energy Norge AS a drilling permit for well 6507/8-10 S, cf. Section 15 of the Resource Management Regulations.

Well 6507/8-10 S will be drilled from the West Phoenix drilling facility in position 65°18'10.40"N and 7°31'13.39"E after concluding the drilling of wildcat well 15/3-12 S for Equinor Energy AS in production licence 025.

The drilling programme for well 6507/8-10 S relates to the drilling of a wildcat well in production licence 889. Neptune Energy Norge AS is the operator with an ownership interest of 60 per cent. The other licensees are Equinor Energy AS (20 per cent) and Wellesley Petroleum AS (20 per cent).

The area in this licence consists of a part of block 6507/8. The well will be drilled about 7 kilometres east of the Heidrun field in the Norwegian Sea and 216 kilometres west of Brønnøysund.

Production licence 889 was awarded on 10 February 2017 in APA 2016 on the Norwegian shelf. This is the first well to be drilled in the licence.

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

Map of well 6507/8-10 S

Per Henning Sæle

Tel: +47 51 87 64 52

Updated: 08/01/2020