This well has targets at three levels including Miocene, Chalk and Middle Jurassic, and the Lille John prospect is expected to contain both oil and gas.

The company drilled an exploration well at the Broder Tuck prospect on the License 12/06 in July this year and discovered gas and condensate.

Last month, a side track encountered additional hydrocarbons, and the Broder Tuck well has now been plugged and abandoned.

PA Resources UK holds a 64% interest in Licence 12/06, while Danoil Exploration, Nordsøfonden (Danish North Sea Fund) and Spyker Energy hold a 8%, 20% and 8% stake, respectively.