Heisenberg Discovery Delineated by Appraisal Well, Sidetrack
21 Mars 2024 - 8:29AM
Heisenberg Discovery Delineated by Appraisal Well, Sidetrack
Oslo, 21 March 2024 – DNO ASA, the Norwegian oil and gas
operator, today announced completion of an appraisal well and
sidetrack that further delineated the 2023 Heisenberg oil and gas
discovery in Norwegian North Sea license PL827SB. Heisenberg, a new
shallow play in the northern part of the Norwegian North Sea, is
now estimated to hold recoverable volumes in the range of 24 to 56
million barrels of oil equivalent (MMboe) (mean of 37 MMboe).
Oil-bearing sands were encountered in a deeper secondary target,
Hummer.
The license partnership, which in addition to DNO Norge AS (49
percent) includes operator Equinor Energy AS, is planning a well in
the second quarter of this year to explore an additional deep
prospect, Angel, while delineating Heisenberg towards the west.
Surrounded by major North Sea hubs Troll B, Kvitebjørn and Gjøa
(the first two operated by Equinor), Heisenberg lies within tieback
range of these hosts. Studies are underway for fast-track
development of Heisenberg in coordination with a string of recent
discoveries in this area in which DNO has a significant presence,
including in last year’s Carmen discovery (30 percent).
“With recent exploration successes, our North Sea portfolio has
tilted towards quality discoveries which we now need to rebalance
by adding production,” said DNO’s Executive Chairman Bijan
Mossavar-Rahmani.
In 2023, the Company was the third most active exploration
driller on the Norwegian Continental Shelf and ranked second in
terms of discovered volumes with an estimated 100 MMboe net to DNO.
The Company has prioritized near-infrastructure exploration in
areas with clear routes to commercialization of discoveries and has
been an early mover in acquiring substantial acreage positions in
selected areas which have since become hotspots.
–
For further information, please contact:
Media: media@dno.no
Investors: investor.relations@dno.no
–
DNO ASA is a Norwegian oil and gas operator active in the Middle
East, the North Sea and West Africa. Founded in 1971 and listed on
the Oslo Stock Exchange, the Company holds stakes in onshore and
offshore licenses at various stages of exploration, development and
production in the Kurdistan region of Iraq, Norway, the United
Kingdom, Côte d'Ivoire, Netherlands and Yemen.
This information is subject to the disclosure requirements
pursuant to §5-12 of the Norwegian Securities Trading Act.
DNO ASA (TG:NK1A)
Graphique Historique de l'Action
De Juin 2024 à Juil 2024
DNO ASA (TG:NK1A)
Graphique Historique de l'Action
De Juil 2023 à Juil 2024