Exploration drilling on the Tasta prospect in Norway has commenced today. Noreco has a 40 percent ownership share and is the operator.
The Tasta prospect is situated 15 km East of the Jotun field in the Norwegian part of the North Sea, in a very interesting license (PL 412) in a prolific hydrocarbon province with infrastructure in place. Noreco's resource estimate for Tasta is 34-91 million barrels hydrocarbons gross.
The well is being drilled by the West Alpha semisub. Results are expected in October.
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