Vår Energi granted drilling permit for wells near Balder field

Vår Energi AS was granted a drilling permit for four wells in Production License (PL) 027 in the North Sea by the Norwegian Petroleum Directorate. The area consists of parts of Block 25/8, about 8 km north of Balder field.

Wells 25/8-20 S and 25/8-20 B will be wildcat wells, and 25/8-20 A and 25/8-20 C will be appraisals. These are the 14th, 15th, 16th, and 17th exploration wells to be drilled in the license.

The wells will be drilled from the Scarabeo 8 drilling after concluding drilling of water injection wells for Vår Energi in PL229.

Vår Energi AS is operator (90%) with partner Mime Petroleum AS (10%).