SPUD OF THE PL 506S STORBARDEN WELL
Reference is made to the Stock Exchange Notice from Rocksource ASA (Rocksource), regarding the drilling of the Storbarden well in PL 506S in the North Sea. Storbarden has been evaluated by Rocksource as a high risk/high reward prospect in the Stord basin, an under-explored part of the North Sea. The exploration well will test a new charge and retention model. The main Storbarden target is a stratigraphic trap in the Tertiary Balder formation, while the Langenuen prospect in the Utsira formation is defined as a secondary target. Rocksource is the operator of the PL 506S licence with a