Det norske Sells Stake in North Sea
Det norske has sold a 15% interest in Production License 450 to North Energy. The license is located in Block 7/12 in the Norwegian sector of the North Sea, southwest of the Ula field.
The consortium plans to drill a prospect in the block, Storebjorn, in the fourth quarter of 2011 with the Maersk Guardian jackup. Det norske is the operator of the license, holding a 60% interest. Partners on the license include North Energy (15%) and Dana Petroleum (25%).SubseaIQ provides focused, in-depth coverage of offshore field development activities around the world, with daily updates on hundreds of offshore fields and facilities. Click here to sign up for the free weekly email newsletter.
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