Statoil awarded four licenses off Newfoundland
By OGJ editors
HOUSTON, Dec. 3 -- The Canada-Newfoundland and Labrador Offshore Petroleum Board has awarded Statoil interests in four new licenses off eastern Canada.
The board awarded a Significant Discovery Licenses in an extension area of Statoil’s Mizzen discovery in the Flemish Pass basin to Statoil as operator with 65% interest and Husky Energy Inc. 35%.
The board awarded two exploration licenses in the Flemish Pass basin/Central Ridge area 500 km off Newfoundland. One near the Mizzen license went to Statoil and Husky at the same interests as the SDL extension license. The other license, in the northern part of the basin, went to Statoil 75% and operator and Repsol E&P Canada Ltd. 25%.
The fourth license, in the Jeanne d’Arc basin 250 km off Newfoundland, went to Husky Energy operator with 50% interest and Statoil 50%.
Statoil is partner in the ongoing drilling of the Suncor Energy operated Ballicatters M-96Z exploratory well in the Jeanne d’Arc basin. Statoil plans to drill one well on its Mizzen discovery and another on its Fiddlehead license in the Jeanne d’Arc basin in 2011-12.
Statoil is a partner in Terra Nova and Hibernia producing fields and in the pending Hibernia Southern Extension and Hebron field developments.