North Sea Drilling Permit for Det Norske

The Norwegian Petroleum Directorate has granted Det norske oljeselskap ASA a drilling permit for well 3/4-2 S, cf. Section 8 of the Resource Management Regulations.

Well 3/4-2 S will be drilled from the Mærsk Guardian drilling facility at position 56°38’47.24’’ north and 4°5’38.18”east.

The drilling program for well 3/4-2 S relates to the drilling of a wildcat well in production licence 356. Det norske oljeselskap ASA is the operator with an ownership interest of 50 per cent. The other licensees are Repsol Exploration Norge ASA (40 per cent) and Petrolia Norway AS (10 per cent).

The area in the production licence is located north of the Trym field in the southeastern part of the North Sea and consists of parts of blocks 3/4 and 3/5. Well 3/4-2 S is the first exploration well in production licence 356, which was awarded in APA 2005.

The permit is contingent upon the operator securing all other permits and consents required by other authorities before commencing drilling activity.

[mappress]
Press Release, July 5, 2012