Lundin, Aker BP get PL 492 ok

The Norwegian Petroleum Directorate has granted Lundin Norway a drilling permit for wellbore 7120/1-5, to be drilled from the Leiv Eiriksson drilling facility.

The drilling program for wellbore 7120/1-5 relates to the drilling of an appraisal well in production license 492. The area in this license consists of the blocks 7120/1 and 7120/2.

The well will be drilled about 4km north of the 7120/1-3 discovery well in production license 492.

Production license 492 was awarded on 29 February 2008 in APA 2007.

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

Lundin Norway is the operator with 40% stake. The other licensee is Aker BP with 60%.

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