The Neiden prospect is located in the northern part of PL609, some 60 km northeast of the Alta discovery and approximately 200 km from the Norwegian coastline.
Lundin Petroleum estimates the Neiden prospect to have the potential to contain unrisked, gross prospective resources of 204 million boe.
The planned total depth is approximately 1350 m below mean sea level and the well is being drilled using the drilling rig Island Innovator. Drilling is expected to take approximately 40 days.
Lundin Norway holds 40% working interest in PL609. Partners are DEA Norge AS and Idemitsu Petroleum Norge AS with 30% working interest each.
Adapted from a press release by Louise Mulhall