Lundin Petroleum granted drilling permit for North Sea appraisal well

STAVANGER -- The Norwegian Petroleum Directorate has granted Lundin Norway AS a drilling permit for wellbore 7219/12-2 A S, cf. Section 8 of the Resource Management Regulations.

Wellbore 7219/12-2 A will be drilled from the Leiv Eiriksson drilling facility, at position 72o5' 12.63" north and 19o59' 10.08" east.

The drilling program for wellbore 7219/12-2 A relates to the drilling of an appraisal well in production licence 533. Lundin Norway AS is the operator with an ownership interest of 35% and the licensees are Aker BP AS with 35% and DEA Norge AS with 30%. The area in this licence consists of blocks 7219/12 and 7220/10. The well will be drilled about 20 km west of the discovery well 7220/11-1 (Alta) in production license 609.

Production license 533 was awarded in the 20th licensing round in 2009.

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

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