(Trondheim, 21 March 2022) Reference is made to the OKEA ASA (OSE: OKEA) press release of 28 February 2022.
Hydrocarbons have been observed from logs on entering the reservoir in the Hamlet exploration well (35/9-16 S) and coring will now be initiated according to plan. The reservoir operations are at an early stage and final results are not yet available.
The well is being drilled in the Gjøa licence (PL153), where OKEA has a 12% working interest (WI), 7 km north of the Gjøa field.
Neptune Energy Norge AS is operator of PL153 with 30% WI. The other licensees are Petoro AS (30% WI) and Wintershall Dea Norge AS (28% WI).
For further information, please contact
SVP Subsurface & Wells, Andrew McCann, + 47 415 07 726
CFO Birte Norheim, +47 952 933 21
OKEA ASA is a leading mid- to late-life operator on the Norwegian continental shelf (NCS) with a current target production of 18,500 – 20,000 boe per day in 2022. OKEA finds value where others divest and has an ambitious strategy built on growth, value creation and capital discipline. OKEA is listed on the Oslo Stock Exchange (OSE:OKEA).
More information is available at www.okea.no