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Minor oil discovery northwest of the Snøhvit field in the Barents Sea

Lundin Norway AS, operator of production licence 490, has completed the drilling of wildcat well 7120/6-3 S.

The well was drilled about 10 kilometres northwest of the Snøhvit field. Preliminary estimates indicate that the discovery is not profitable.

This is the first exploration well in production licence 490. The licence was awarded in APA 2007.

 

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