VNG Norge has secured drilling permit from the Norwegian Petroleum Directorate (NPD) for well 6406/12-4 A in production licence 586.

Well 6406/12-4 A will be drilled from the Transocean Arctic drilling facility in position 64°1’7.48" north and 6°46’31.29" east after drilling wildcat well 6406/12-4 S in production licence 586.

The drilling programme for well 6406/12-4 A relates to the drilling of a wildcat well in production licence 586. VNG Norge AS is the operator with an ownership interest of 30 per cent. The other licensees are Spike Exploration Holding AS (30 per cent), Faroe Petroleum Norge AS (25 per cent) and Rocksource Exploration Norway AS (15 per cent).

The area in this permit consists of part of block 6406/11 and part of block 6406/12. The well will be drilled about 33 km south-west of the Njord field.

Production licence 586 was awarded on 4 February 2011 (APA 2010). This is the fifth exploration well to be drilled in the licence.

The permit is contingent on the operator securing all other permits and consents required by other authorities prior to commencing the drilling activity.