NPD Grants Lundin Drilling Permit for Edvard Grieg Appraisal Well

The Norwegian Petroleum Directorate has granted Lundin Norway AS a drilling permit for an appraisal well on Edvard Grieg in production license 338.

Well 16/1-27 will be drilled from the Island Innovator (mid-water semisub) drilling facility, in a southwesterly extension of the Edvard Grieg field in the central part of the North Sea.

Lundin Norway AS is the operator of production license 338 with an ownership interest of 65 percent. The other licensees are OMV (Norge) AS with 20 percent and Wintershall Norge AS with 15 percent.

Production license 338 was awarded Dec. 17, 2004 (APA 2004). This is the 11th exploration well to be drilled in the license area and the 8th exploration well on the Edvard Grieg field.

The permit is contingent upon all other permits and consents required by other authorities being granted before drilling activities commence.



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