The NPD reported on 17 May 2019 that Var Energi has carved out a new licence from PL 229 (valid from 30 November 2018). PL 229 E covers 28 sq km over parts of blocks 7122/9 and 7123/7. It lies immediately north of PL 229 D (parts of blocks 7122/8 and 7122/9). With effect from 29 March 2019 Var transferred 15% of its interests in both PL 229 D and PL 229 E to Equinor. A drill or drop decision is required for PL 229 D by November 2019.   The licences lie to the northeast of Goliat and south of Tornerose. Equinor has been granted an extension to the PDO submission date for Tornerose from December 2019 to December 2024, although it is likely that this will need to be extended again. Tornerose contains approximately 140-200 Bcfg but development cannot proceed until there is sufficient capacity at the Melkoya LNG facility (which is likely to be 2038).  Interests in PL 229 D and PL 229 E are divided between Var Energi AS (50% + operator) and Equinor Energy AS (50%).
Var Energi has carved out a new licence from PL 229 (valid from 30 November 2018). PL 229 E covers 28 sq km over parts of blocks 7122/9 and 7123/7. It lies immediately north of PL 229 D (parts of blocks 7122/8 and 7122/9). With effect from 29 March 2019 Var transferred 15% of its interests in both PL 229 D and PL 229 E to Equinor.