Lundin to Spin Bit in North Sea

Lundin has received consent to carry out exploration drilling of well 16/2-7 in the North Sea with the Bredford Dolphin mobile facility.

The well will be drilled in production license 501, approx. 167 kilometers west of Stavanger.

The well has the coordinates N 58º 46' 47.79'', E 02º 39' 16.34''. The water depth at the site is approx. 113 meters.

The activity has an estimated duration of 53 to 67 days, depending on whether the well is dry or if a discovery is made.

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