Maersk Oil Lands New Exploration Licenses in Norway

Maersk Oil in Norway has been preliminarily awarded 2 new exploration licences PL472 (Blocks 6406/2 & 6406/3) and PL474 (Blocks 6406/1 & 6406/2).

Wintershall is operator in both licences (40% equity). Maersk Oil holds an equity interest of 35% and 30% in the 2 licences respectively.

"The commitment work programs for the new licences comprise of the re-processing of existing 3D seismic data and technical evaluation work," said a Maersk representative. "Potential exploration drilling will be determined at a later date."

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