The well assessed Zulu prospect’s hydrocarbon potential in PL674BS, which is located 100km west of Stavanger on the Norwegian west coast and approximately 30km northeast of the Johan Sverdrup discovery.

Additionally, the well has been drilled with an aim to assess the hydrocarbon potential in the Miocene Utsira Formation sand.

The company discovered Utsira Formation sand with very good reservoir quality as well as gas in an upper 24m sand sequence.

Drilled to a total depth of 995m below sea level using drilling rig Island Innovator, the well was terminated in sediments of presumed Oligocene age.

Swedish independent oil and gas exploration and production company Lundin Petroleum operates the PL674BS license with 35% stake while other partners include Petrolia Norway and E.ON E&P Norge, which have 35% and 30% stakes, respectively.