PL 528

This license is located on the Nyk High in the Vøring Basin (Norwegian Sea), immediately east and northeast of the Luva, Haklang and Snefrid discoveries. Several prospects have been identified within the license, with prospectivity present at multiple reservoir levels. Three of these prospects were tested by acquiring CSEM data, prior to application. After processing of the data Rocksource has concluded that resistivity anomalies are associated with the prospects, and the observed anomalies are likely to be caused by hydrocarbons.

The license group consists of:
Petro-Canada Norge AS (Operator): 40%
Centrica Resources Norge AS: 30%
Rocksource ASA: 30%

Work programme

• Acquire 800 sq.km. 3D seismic
• Within 3 years (April 30th. 2012): Drill or drop decision
• Within 5 years (April 30th. 2014): Fulfill drilling exploration well and decide PDO or drop
• Within 6 years (April 30th. 2015): Submit PDO
• Extension period: 30 years

Current status

3D seismic was acquired and processed in 2010 and has been interpreted ahead of a drill or drop decision in Q4 2011.

Map showing PL 528 and the surroundings

Last update: December 2010