The well, which was drilled in a water depth of 230m, has a deviated path and was terminated in the Lower Jurassic Tilje formation at a vertical depth of 3,359m below sea surface.

According to the company, the primary Chamonix target, a Cretaceous-age stratigraphic trap, was found to be dry having encountered poorly developed sands in the drill location.

The well has made a small gas discovery in the secondary Cortina target and encountered a gross gas column of about 40m in the Upper and Middle Jurassic sandstones of the Rogn and Garn formations.

Valiant holds a 20% interest in the production license 471, and its partners in the license are OMV Norge (50%, operator) and Noreco (30%).