Operator Lundin assigned 15% in PL758 and PL800 to partner Cairn Energy, effective 31 January 2018. PL758 covers 135 sq km in blocks 6508/1, 6608/10 & 6608/11, including the Lynghaug Prospect, and lies 3-10 km S & SE of Norne and Urd fields. It was awarded in APA2013, effective from 7 February 2014, with a commitment to acquire 3D seismic. The partners executed the drill-or-drop option in September 2017 and a well is due by August 2019. PL800 lies 10-20 km S & SE of Norne and Urd, and covers 185 sq km in 6508/1 and 6508/2, including the Varhaug prospect which is thought to lie within the Lynghaug structure. It was issued under APA2014, commencing 6 February 2015, with a drill decision due 6 August 2019. EnQuest exited 30 October 2015 with 35% operated share acquired by Lundin. Revised PL758 and PL800 licensees are Lundin Norway AS (20% + Op), Cairn Energy via Capricorn Norge AS (50%), and Skagen44 AS (30%).
Lundin assigned 15% in PL758 and PL800 to partner Cairn Energy