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Lundin receives consent for exploration drilling

Lundin Norway AS (Lundin) has received consent to drill exploration well 7120/1-5 in the Barents Sea.

Lundin is the operator for production licence 492, comprising blocks 7120/1 and 7120/2 in the Barents Sea.

The PSA has given Lundin consent to drill exploration well 7120/1-5 in a prospect named Gohta. The well's coordinates will be:

71o 56' 15.97" N
20o 14' 57.37" E

The drilling location is around 185 kilometres north-west of Hammerfest. Water depth at the site is 368 metres. Drilling is scheduled to begin in late December 2016 and estimated to last 73 days. There will also be a potential well test.

The well is to be drilled using the Leiv Eiriksson mobile drilling facility, which is owned and operated by Ocean Rig. The facility is a BINGO 9000 type, built in 2001. It is classified by DNV GL and registered in the Bahamas.

Ocean Rig received Acknowledgement of Compliance (AoC) for Leiv Eiriksson from the PSA in July 2008.

Eileen Brundtland, press contact
Email: eileen.brundtland@ptil.no | +47 51 87 35 12