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NPD grants drilling permit to Lundin for well 16/5-4

STAVANGER -- The Norwegian Petroleum Directorate (NPD) has granted Lundin Norway AS a drilling permit for well 16/5-4, cf. Section 8 of the Resource Management Regulations.

Well 16/5-4 will be drilled from the Bredford Dolphin drilling facility.

The drilling programme for well 16/5-4 relates to drilling of an appraisal well in production licence 501. Lundin is the operator with an ownership interest of 40 per cent. The other licensees are Statoil Petroleum AS with 40 per cent and Maersk Oil Norway AS with 20 per cent.

The area in this licence consists of parts of blocks 16/2, 3, 5 and 6 that are located in the central part of the North Sea. The well was drilled southwest on Johan Sverdrup about 3.1 kilometres southeast of well 16/5-3 and approx. 4.3 kilometres southwest of well 16/5-2 S.

Production licence 501 was awarded on 23 January 2009 (APA 2008). This was the seventeenth well drilled within the licence area.

The permit is contingent upon the operator securing all other permits and consents required by other authorities prior to commencing drilling activities.



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