Svenska Petroleum Exploration

Svenska awarded one new license in Norway

Wed, Jan 28, 2015 09:22 CET

In the APA 2014 round Svenska Petroleum Exploration (Svenska) has been awarded 25% interest in one license. The license is located on the southern part of Haltenbanken offshore Mid-Norway.Svenska has been awarded a 25% interest in PL797 offshore Mid-Norway. The operator is Lotos with Spike and Petoro as co-partners. This area is located immediately East of the currently held acreage PL690 and offers substantial prospectivity. “This award proves Svenska’s continuing commitment and competence with regards to the Norwegian Continental Shelf. We are looking forward to exploit identified

Oil discovery in the North Sea - Krafla North

Mon, Dec 22, 2014 09:23 CET

Svenska Petroleum Exploration (Svenska), as a 25% license partner in PL035, confirms the completion of the drilling well 30/11-10 on the “Krafla North” prospect. This structure is located about 1,6 kilometres northwest of the 30/11-8 S (Krafla Main) discovery proven in 2011, and about 180 kilometres west of Bergen. The water depth at the site is 105 metres. Svenska’s current resource estimate for the license is 6-19 million barrels of oil in primary objectives.Primary exploration target of 30/11-10 was to prove petroleum in Middle Jurassic reservoir rocks of the Tarbert and Etive Formations.

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Svenska awarded one new license in Norway

Oil discovery in the North Sea - Krafla North