Gas discovery at Skirne East
Det norske oljeselskap ASA, partner in PL627, announces that drilling of exploration well 25/6-5 S on the Skirne East prospect in the North Sea is about to be completed.
The well encountered a 10-metre gross gas column in the Middle Jurassic (Hugin formation) with good reservoir qualities. The well was not formation tested, but data collection and sampling were carried out. Preliminary volume estimates for the discovery are in the range of 3-10 million barrels of oil equivalent. The licensees will evaluate the discovery with regards to a potential development.
Det norske holds a 20 percent working interest in PL627. Total E&P Norge is the operator with 40 percent working interest. Faroe Petroleum Norge AS and Centrica Resources (Norge) AS each hold 20 percent as partner.
Investor contact: Jonas Gamre, VP Investor Relations, tel.: +47 971 18 292
Media contact: Rolf Jarle Brøske, SVP Communications, tel.: +47 911 12 475
About Det norske:
Det norske is a fully-fledged E&P company with exploration, development and production activities on the Norwegian Continental Shelf (NCS). We are building one of Europe’s largest independent E&P companies.
Det norske is the operator of the producing Alvheim field and for the Ivar Aasen field development. In addition, the company is partner in the Johan Sverdrup field. Det norske has an active exploration programme on the Norwegian shelf and an ambitious strategy for growth.
Det norske’s headquarters are located in Trondheim, with branch offices in Stavanger, Oslo and Harstad. Det norske is listed on Oslo Børs with ticker ‘DETNOR’. More about Det norske at www.detnor.no/en/.
This information is subject to disclosure requirements pursuant to section 5-12 of the Norwegian Securities Trading Act.