Lundin Given Consent to Carry Out Exploration Drilling in Block 16/1 Off Norway

Lundin Norway AS has been granted consent to carry out exploration drilling of well 16/1-15 in the North Sea.

The well will be drilled in production license 338 in the North Sea, 180 km west of Jæren. The well has the coordinates N 58° 52′ 24”, E 02° 15′ 41”. The water depth at the site is 111 metres.

The drilling is scheduled to start in the end of January 2011 and last 39 days, but up to 96 days if discoveries are made that warrant formation testing and drilling of any sidetrack wells..

The exploration drilling will be carried out with the semi-submersible drilling facility Bredford Dolphin (picture), which is owned by Fred Olsen ASA and operated by Dolphin AS. The facility was built in 1976 and received an Acknowledgement of Compliance (AoC) from the Petroleum Safety Authority Norway (PSA) in June 2007.

Lundin is the operator of production license 338 with a 50 per cent ownership interest. The other licensees are Wintershall Norge ASA and RWE Dea Norway AS.

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Source: Ptil, January  19, 2011;