Project Profile
Location: Haltenbanken area, approximately 15 km west of the Åsgard field, Norwegian North Sea, Norway
Area: 120.960 km2
Exploration start-up: 2014
Licence expiry date: 4th August 2015
Spike Exploration Holding AS (Spike) signed an agreement with North Energy ASA (North) to acquire a 10% interest in PL590. PL590 is located in the Haltenbanken area, approximately 15km west of the Åsgard field. Two firm wells were planned in the license; in addition to the Frode well. A decision to drill in PL590 was made before February 2014.
Operators:
North Energy ASA: Operator with 30% interest
Faroe Petroleum Norge AS: 30% interest
Wintershall Norge AS: 30% interest
Spike Exploration Holding AS (Spike): 10% interest