STAVANGER -- The Norwegian Petroleum Directorate (NPD) has granted Eni Norge AS a drilling permit for well 7122/10-1 S, cf. Section 8 of the Resource Management Regulations.

Well 7122/10-1 S will be drilled from the Scarabeo 8 drilling facility at position 71°10'17.39" north and 22°12'28.57" east.

The drilling program for well 7122/10-1 S concerns the drilling of a wildcat well in production licence 697. Eni Norge AS is the operator with an ownership interest of 70%. The other licensees are Edison Norge AS (20%) and Concedo ASA (10%).

The area in this licence consists of the north-western half of block 7122/10. The well will be drilled about 10 km southwest of Goliat field.

Production licence 697 was awarded on 8 February 2013 in APA 2012. This is the first well to be drilled in the licence.

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