No new money: KNOC
KNOC has confirmed it will not put any more money on the table to try and complete its hostile £1.67 Bn (US $2.57 Bn) takeover of Dana Petroleum.
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Leader set for new Norway well
Published 25.05.2010 09:08:20 by John Bradbury
Statoil has gained a green light for a new exploration well between the Gudrun and Sigrun discoveries in the Norwegian sector of the North Sea. Permission has been granted for the Transocean Leader to drill the 15/3-9 well in Production Licence 187, located between the 15/3-1 S Gudrun discovery and the 15/3-4 Sigrun find, and 45 km (28 miles) north from Sleipner.
Statoil will operate the well, with 65% equity, partnered by Marathon and GDF Suez, which have 10% and 25% licence equity.
The Transocean Leader will commence the new wildcat once it has completed 6506/1-A2 on the Morvin field for Statoil in PL134B
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