DEA awarded two licences in the Barents Sea

DEA has been awarded a 30% share in the licences PL609C and PL851 in partnership with Lundin Norway (operator) and Idemitsu Petroleum Norge.

Exploration Manager of DEA Norge, Svend Erik Pettersson commented:

“These two licences are close to the Alta discovery and give us the opportunity to further explore in a prospective area.”

Hans-Hermann Andreae, Managing Director of DEA Norge said:

“DEA has long-term ambitions in Norway. The licences contribute to our goal, to further optimise and develop DEA’s portfolio on the Norwegian Continental Shelf”.

In Norway, DEA currently has interests in 71 licences and a daily production of more than 70 000 boe (2015). Furthermore, DEA operates the Zidane discovery, where a PDO is planned to be submitted this year. The company also participates in other promising discoveries and developments. DEA has been present on the NCS for over 40 yr.

Read the article online at: https://www.oilfieldtechnology.com/drilling-and-production/24052016/dea-awarded-two-licences-in-the-barents-sea/