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Norwegian Petroleum Directorate grants drilling permit for well 16/4-10

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Oilfield Technology,

The Norwegian Petroleum Directorate (NPD) has granted Lundin Norway AS a drilling permit for well 16/4-10, cf. Section 8 of the Resource Management Regulations. The well is to be drilled from the Island Innovator drilling facility.

The drilling programme for well 16/4-10 relates to drilling of a wildcat well in production licence 544. Lundin is the operator with an ownership interest of 40%. The other licensees are Bayerngas Norge AS and Lime Petroleum Norway AS, each with 30%.

The area in this licence consists of part of block 16/4. The well will be drilled southwest of the 16/4-6 S oil discovery (Luno II) in the central part of the North Sea.

Production licence 544 was issued on 19 February 2010 (APA 2009) and is the second exploration 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.

Edited from press release by

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