|Area||South Viking Graben|
|AZC Interest||100% (op)|
|Acquired||28th Round (Dec 2014)|
|Well Commitment||Drill-or-Drop well|
|Status||Work programme currently ongoing|
This Traditional licence sits adjacent to the UK/Norwegian median line. The main focus on the block is the ’Burnt Island’ oil prospect which comprises a Middle Jurassic Hugin Formation fault bound structure. Additional prospectivity has been identified in Palaeocene stratigraphy.
The committed work programme comprises obtaining and reprocessing seismic data and undertaking additional geotechnical studies. Once this work has been completed it is likely that the company will be seeking partners to join in the drilling of an exploration well to test the ‘Burnt Island’ prospect.