Noreco starts first operated well in Norway
2009.08.30 -
Field Development
Norwegian Energy Company ASA (Noreco, OSE:NOR), Exploration drilling on the Tasta prospect in Norway starts today. Noreco has a 40 per cent ownership share and is the operator.
- This is our first well as operator in Norway, and marks an important milestone in our efforts to build a leading, independent oil and gas company in the North Sea region, says Scott Kerr, Noreco CEO.
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 (PL412) in a prolific hydrocarbon province with infrastructure in place. Noreco's resource estimate for Tasta is 34-91 million barrels hydrocarbons gross. More information is attached.
The well is being drilled by the rig West Alpha. Results are expected in October.
PA Resources AB has signed an agreement with the shareholders to acquire the entire share capital of the British oil exploration company Scotsdale Ltd. The company is focusing on low risk exploration in North West Europe. The acquisition means that PA Resources increases its presence in the North Sea with licenses in the United Kingdom and Denmark, and potentially also in the Netherlands.
Aker Exploration has entered into agreements with the international oil company Eni Norge to acquire ownership interests in two licenses in the vicinity of the Åsgard field. The agreements further strengthen Aker Exploration’s position in the Norwegian Sea.
SCAN Geophysical ASA (SCAN) today announced that the company is
remobilising its seismic vessel, M/V Geo Searcher, to re-commence a previously-suspended
2D project offshore Pakistan for BP.
The Norwegian Petroleum Directorate (NPD) has granted ENI Norge AS a drilling permit for wellbore 34/12-1 in the North Sea.
Eni has successfully drilled the last appraisal well, encountered approximately 127 metres (419 ft) of net pay in multiple sands. The initial analysis indicates good reservoir quality.
