DONG awarded two licenses in Norwegian North Sea

April 14, 2003
The Norwegian Oil and Energy Department has awarded Dansk Olie & Naturgas AS (DONG) operatorship of two new licenses in the southernmost sector of the Norwegian North Sea. The licenses are Blocks 4/1 and 4/2, which lie north of Nini field that DONG currently is developing, and Block 3/7, east of Trym and Lulita fields.

By OGJ editors

HOUSTON, Apr. 14 -- The Norwegian Oil and Energy Department has awarded Dansk Olie & Naturgas AS (DONG) operatorship of two new licenses in the southernmost sector of the Norwegian North Sea. The licenses are Blocks 4/1 and 4/2, which lie north of Nini field that DONG currently is developing, and Block 3/7, east of Trym and Lulita fields.

DONG holds a 40% working interest in Blocks 4/1 and 42, while Statoil ASA and London-based Paladin Resources PLC each have 30%. DONG has a 70% operating interest in Block 3/7 and Paladin Resources holds the remaining 30%.