Partner Faroe reported on 20 June 2017 that DEA intends to withdraw from PL 433 in accordance with the licence terms for going through a new decision gate. Both Spirit Energy and Faroe had agreed to take over the DEA interest on a pro rata basis. However, on 5 January 2018 Faroe confirmed that PGNiG will enter the licence and will take a total 20% stake (15% from Spirit and 5% from Faroe). Both deals are subject to government approval. PL 433 covers part of blocks 6506/9 and 6506/12 and contains the Fogelberg field. An appraisal well was spudded in February 2018. The licence term for PL 433 was extended in February 2017 with a deadline to submit a PDO for Fogelberg by July 2019. The PDO was originally expected to be submitted in February 2017. Centrica (now Spirit Energy) received MPE approval for the Environmental Impact Assessment (EIA) for Fogelberg in early 2014. The proposed plan (given at that time) included the installation of a four-slot subsea template (with three producers to be drilled initially) tied-back to either Asgard B or Heidrun. Costs were estimated at either NOK 7 billion (USD 1.18 billion) or NOK 11 billion (USD 1.86 billion) depending on which host facility was chosen. The Fogelberg well (6506/9-2 S) was Centricaâs first as an operator on the NCS and was drilled in 2010. Gas and condensate was confirmed in the Middle Jurassic Garn and Ile formations. The field is HPHT. It lies between Victoria and Smorbukk on the Halten Terrace and has estimated recoverable reserves of approximately 64 MMboe, consisting mainly of gas. Following completion of both deals interest in PL 433 will be divided between Spirit Energy Norge AS (51.7% + operator), Faroe Petroleum Norge AS (28.3%) and PGNiG Upstream Norway AS (20%). Â  Â 
Norway (Donna and Halten Terraces (Voring B.)) Smorbukk