After its entry to PL 878 in late December 2019, Source Energy has acquired a further 10% in the licence from Equinor (effective from 31 March 2020). PL 878 covers a 361 sq km area over parts of blocks 30/2 and 30/3 north of Oseberg. Equinor will drill well 30/2-5 on the Atlantis prospect to the north of the abandoned Huldra field (which also lies within PL 878) in summer 2020. The deal was reported by the NPD on 3 April 2020.   The Atlantis well will be located approximately 9 km north of Huldra and will be drilled using the "West Hercules" S/S. 30/2-5 is HPHT and will be drilled to a TD of 4,381 m. The target is the Middle Jurassic Brent Group and operations are expected to last for around 79 days.   Source's first 10% in PL 878 was also acquired from Equinor.  Interest in PL 878 is now divided between Equinor Energy AS (60% + operator), Source Energy AS (20%) and Wellesley Petroleum AS (20%).
Norway (Oseberg Fault Block (Horda Platform)) Oseberg