Non-commercial discovery in Jerv exploration well (PL973) operated by Chrysaor
Reference is made to our press releases of 18 February and 17 March 2021. Chrysaor Norge AS as operator of PL973 has concluded drilling of exploration well 15/12-25. The well targeted petroleum in reservoirs of Paleocene age (Ty Formation). The well was drilled to a total depth of 2,795 m below mean sea level and terminated in limestone, also assumed to be of Paleocene age. The water depth is 86 m. The well encountered a 40 m gas condensate column in reservoir of good to very good quality. No gas-water contact was observed. The well was not formation tested but coring, sampling and