The 7220/10-1 well situated 54km to the south west of the Skrugard and Havis discoveries is on the same geological trend. Lundin Norway is drilling the well to confirm the presence of hydrocarbons in the reservoir.
The license PL533 is owned 20% each by Lundin Petroleum, Det norske oljeselskap, and RWE Dea Norge where as Eni Norge owns 40% share who is also the operator.
Sweden based Lundin Petroleum is an independent oil and gas exploration and production company.