APA2019 license award to Idemitsu

28. januar 2020

Following up a successful exploration year in 2019 with the 3rd largest discovery of the year in Echino Sør next to the Fram Field, Idemitsu Petroleum Norge was awarded two licenses in the APA 2019.

Both awarded licenses were additional areas to an existing license, and strengthens the IPN license portfolio.
In the Barents Sea IPN was awarded PL 609 D as part of the PL 609 B Alta discovery together with Lundin (operator) and Wintershall Dea. In the Northern North Sea PL 636 C was awarded as part of the PL 636 Duva field together with Neptune Energy (operator), PGNiG and SVAL. Work program within the additional licenses are equal to the main license work program.

Managing Director Hiroshi Arikawa is pleased with the awards; “2020 will be an exciting exploration year for Idemitsu Petroleum Norge with several high impact ILX wells near our infra structure. The APA 2019 awards will secure additional acreage near our discoveries and fields, and we hope to have exploration success in these ILX opportunities similar to our Echino Sør discovery”’