Drilling begins on Norwegian license PL376

Drilling has begun on the Norwegian license PL376, which holds the Grosso exploration prospect.

Offshore staff

ABERDEEN, UK -- Drilling has begun on the Norwegian license PL376, which holds the Grosso exploration prospect.

This license is located on the northeast flank of the North Viking Graben license. Following extensive geological and geophysical assessment, multiple prospects have been identified in both structural and stratigraphic closures, with Jurassic and Lower Cretaceous reservoir objectives, according to Faroe Petroleum.

This is the first well to be drilled on the license, which is located immediately north of the Jurassic gas/oil Gjøa field and south of the undeveloped Cretaceous Agat gas discovery.

The drilling operation, using theOcean Vanguard rig, is expected to take approximately 70 days.

"The Grosso well is an exciting exploration prospect and is part of a three-well drilling program which Faroe Petroleum is currently undertaking in the Norwegian North Sea," says Graham Stewart, chief executive of Faroe Petroleum. "The other two wells to be drilled consecutively are the Hyme exploration and South East Tor appraisal wells."

02/06/2009

More in Drilling & Completion