Lundin gets go-ahead for North Sea wildcat

The Norwegian Petroleum Directorate (NPD) has granted Lundin Norway AS a drilling permit for well 16/4-10, in the North Sea, offshore Norway. 

The well 16/4-10 will be drilled from the Island Innovator drilling rig.

The drilling programme for well 16/4-10 relates to drilling of a wildcat well in production licence 544. 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 awarded on February 19, 2010 (APA 2009) and this is the second exploration well to be drilled within the licence area.

Lundin is the operator with an ownership interest of 40 per cent. The other licensees are Bayerngas Norge AS and Lime Petroleum Norway AS, each with 30 per cent.

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