Rocksource: Storbarden Well Comes Up Dry (Norway)

Rocksource-operated Storbarden exploration well on PL 506S in Norway has not encountered hydrocarbons and the well is to be plugged and abandoned.

The drilling rig “Borgland Dolphin” has completed drilling of the main reservoir and the secondary target at the high risk Storbarden prospect in PL 506S in the North Sea. The well has not encountered hydrocarbons. Final data acquisition and analysis is currently on-going after which the well will be plugged and abandoned.

Rocksource is the operator of the PL 506S licence with a 25 per cent working interest. The partners in PL 506S are Petoro (20 per cent), Petrolia (30 per cent) and Valiant (25 per cent).