Pandion acquires exploration acreage offshore Mid-NorwayPandion Energy has taken its name from this bird. Photo: Peter Massas/Wikimedia Commons

Pandion acquires exploration acreage offshore Mid-Norway

Pandion Energy AS  has entered into an agreement with Equinor  to acquire a 20 percent interest in licenses PL 263 D and PL 263 E, containing the Appolonia prospect.

The operator is currently maturing the Appolonia prospect, which in case of a positive drill decision by the partnership may be added to the operator’s exploration drilling program for 2020.

The acreage acquired by Pandion lies in between the fields Midgard and Maria on the Halten Terrace.

The licenses are located in the prolific Haltenbanken area of the Norwegian Sea in blocks 6407/1 and 6507/10, respectively.

PL 263 D was awarded in the 2017 APA round.

PL 263 E is a new license to be carved out from PL 263, which was awarded in the 16th licensing round in the year 2000.

Both licenses are operated by Equinor (70% before farm-down) with Spirit Energy Norway AS (30%) as a partner.

 

X