NPD Grants Lundin Drilling Permit for Well 16/4-10

The Norwegian Petroleum Directorate has granted Lundin Norway AS a drilling permit for well 16/4-10, located in production license 544 offshore Norway.

Well 16/4-10, which will be drilled using the Island Innovator (mid-water semisub), is the second exploration well to be drilled within the license area. The permit is contingent upon Lundin securing all other permits and consents required by other authorities prior to commencing drilling activities.

Lundin is the operator of production license 544 with an ownership interest of 40 per cent. The other licensees are Bayerngas Norge AS and Lime Petroleum Norway AS, each of which holds a 30 percent interest.



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