NPD Approves Lundin’s Drilling Plans

The Norwegian Petroleum Directorate has granted Lundin Norway AS a drilling permit for well 16/4-7, in the Norwegian part of the North Sea.

Well 16/4-7 will be drilled from the Bredford Dolphin drilling rig.

The drilling programme for well 16/4-7 concerns the drilling of a wildcat well in production licence 544. Lundin is the operator with an ownership interest of 40 per cent. The other licensees are Bayerngas Norge AS and Explora Petroleum AS, both with 30 per cent.

The area in this licence consists of the southern part of block 16/4. The well will be drilled about 0.5 kilometres north of well 16/4-4 in the central part of the North Sea.

Production licence 544 was awarded on 19 February 2010 (APA 2009). This is the first well to be drilled in the licence and the second within the licence area.

The permit is contingent upon the operator having secured all other permits and consents required by other authorities before the drilling starts.