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The Norwegian Petroleum Directorate grants drilling permit for well 16/4-11in PL359

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Oilfield Technology,

The Norwegian Petroleum Directorate has granted Lundin Norway AS a drilling permit for well 16/4-11, cf. Section 8 of the Resource Management Regulations.

Well Brønn 16/4-11 will be drilled from the COSLInnovator drilling facility at position 58°40’16.11’’ north, 02°14’25.30’’ east in the central part of the North Sea.

The drilling programme for well 16/4-11 relates to the drilling of an appraisal well in production licence 359, where Lundin is the operator with an ownership interest of 50%. The other licensees are OMV (Norge) AS (20%), Statoil Petroleum AS (15%) and Wintershall Norge AS (15%).

The area in this licence consists of the southwestern part of block 16/1 and the northern half of block 16/4. The well will be drilled about 2 km southeast of the discovery well 16/4-6 S (Luno II).

Production licence 359 was awarded on 6 January 2006 (APA 2005). This is the fifth well to be drilled within the licence area.

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

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