Statoil Granted Drilling Permit for Valkyrie Prospect

The Norwegian Petroleum Directorate has granted Statoil a drilling permit for well path 6608/11-5, according to Section 8 of the Resource Regulations.

Well path 6608/11-5 will be drilled from using the Ocean Vanguard semisub. The drilling program for well path 6608/11-5 applies to drilling of a wildcat well to the Valkyrie prospect in production license 128.

The permission presupposes that other permissions and consents required from other authorities have been granted before the drilling activity commences.

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