Pandion Energy agreed to acquire 10% in PL820 S from Wintershall on 15 August 2018. The deal is subject to regulatory and partner approval with an effective date of 1 January 2018. Awarded in APA 2015, PL820 S commenced on 5 February 2016 and covers 48 sq km in blocks 25/7 and 8. The licence sits 1km NW of Balder and 2km SW of Eitri fields. A NW portion of PL820 S in Jette field area has a stratigraphic vertical limitation to below Base Paleocene, thus excluding the shut-in Jette oil field (Aker BP). The partners have elected to drill PL820 S and a NFW is planned for 2019. Within PL820 S, and 1.5km S of Jette, is NFW 25/8-13 (2001, ExxonMobil, 2,276m) drilled under PL027 B, which was P&A dry after reaching TD within the Early Jurassic Statfjord Group. Lundin acquired Fortis Petroleum's entire 30% interest in PL820 S on 15 February 2018. Pandion purchased Tullow Oil's six licence interests on 22 June 2017, then acquired 10% of the Valhall and Hod fields from Aker BP on 22 December 2017. Pending completion of the Wintershall-Pandion deal PL820 S licence participants are MOL Norge AS (40% + Op), Wintershall Norge AS (30%) and Lundin Norway AS (30%). 
Pandion will acquire a 10% interest in PL 820S from Wintershall (->20%, MOL 40% op. Lundin 30%).