document: On 19 December 2018 the NPD confirmed that Wintershall has transferred its 20% interest in PL 777, PL 777 B, PL 777 C and PL 777 D to OMV (effective 14 December 2018). The Hornet exploration well is due to be drilled in PL 777 in 2019. PL 777 B, C and D cover the Glitne field which was abandoned in 2013 after coming onstream in August 2001.   The Hornet exploration well was originally due to be drilled in Q4 2018 but Aker BP confirmed in May 2018, in its Q1 2018 results, that it has delayed the well and it will now be drilled in 2019. The company believes that the prospect contains recoverable reserves ranging from 17-166 MMboe and that, if successful, it could be developed as a tie-back to Ivar Aasen.   Following completion of the deal interest in PL 777, PL 777 B, PL 777 C and PL 777 D is now divided between Aker BP ASA (40% + operator), Petoro AS (20%), Var Energi AS (20%) and OMV (Norge) AS (20%).
summary: Wintershall has transferred its 20% interest in PL 777, PL 777 B, PL 777 C and PL 777 D to OMV.  Following completion of the deal interest is now divided between Aker BP ASA (40% + operator), Petoro AS (20%), Var Energi AS (20%) and OMV (Norge) AS (20%).