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Lundin Norway Bags 12 Licences Norwegian Licensing Round

Gasoil News - Published on Tue, 21 Jan 2020

Image Source: Lundin Norway
Lundin Petroleum AB announced that its wholly owned subsidiary Lundin Norway AS has been awarded a total of 12 exploration licence interests in the 2019 Awards in Predefined Areas licensing round in Norway. The award includes 7 licences in the North Sea, 2 licences in the Norwegian Sea and 3 licences in the Southern Barents Sea, 7 of the awarded licences will be operated by Lundin Norway. The awards from this licensing round continue to build on the Company’s seven core exploration areas and increase by 15 percent the number of licences held by the Company.

The licence interests are detailed below
LicencesBlockWorking InterestArea
PL1041Block 24/1230%North Sea
PL1051*Blocks 31/3, 32/1, 35/12, 36/1040%North Sea
PL1032*Blocks 2/7, 1040%North Sea
PL1045Block 25/415%North Sea
PL987B1Block 30/820%North Sea
PL917B1Block 25/1020%North Sea
PL1048*Blocks 30/1, 2, 34/1150%North Sea
PL1069*Blocks 6505/6,9, 6506/1,4,750%Norwegian Sea
PL1057Blocks 6302/2,3, 6303/1, 2,3, 6402/11,12, 6403/10,11,1230%Norwegian Sea
PL1082*Blocks 7225/6,8,9, 7226/4,5,6,7,8,9,11,12, 7227/4,5,7,850%Southern Barents Sea
PL1083*Blocks 7228/2,3,5,6, 7229/1,2,3,4,5,6, 7230/1,2,3,4,5,6, 7231/4, 7329/10,11,12, 7330/10,11,1240%Southern Barents Sea
PL609D1*Block 7120/240%Southern Barents Sea

*Operator Lundin Norway
1 Geographical extension of the licence area

Source :

Posted By : Yogender Pancholi on Tue, 21 Jan 2020
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