Det norske Receives NPD Approval for Barents Sea Well

The Norwegian Petroleum Directorate has granted Det norske oljeselskap ASA a drilling permit for the well 7222/11-2 A, in the Barent Sea.

Well 7222/11-2 will be drilled from the Transocean Barents semi-submersible drilling rig.

The drilling programme for the well relates to the drilling of a wildcat well in production licence 659. Det norske oljeselskap ASA is the operator with a 30 per cent ownership interest. The other licensees are Petoro AS with 30 per cent, Lundin Norway AS with 20 per cent, Tullow Oil Norge AS with 10 per cent, Rocksource Exploration Norway AS with 5 per cent and Ithaca Petroleum Norge AS with 5 per cent.

The production licence includes parts of the blocks 7121/3, 7122/1, 7122/2, 7221/10, 7221/12, 7222/11 and 7222/12. The production licence was awarded in APA 2011.

The Wildcat well 7222/11-2 is the first exploration well in production licence 659.
[mappress]
December 11, 2013