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2011 sanctioned well: “Heilo”

Facts: Where: Barents Sea, Part blocks 7123/6 & 7124/4 Operator: GDF SUEZ E&P Norge AS (40%) Partners: Rocksource (20%), Front Exploration (20%), North Energy (20%)

Fluid attribute consistent with structural spill

Key attractions:

  • Multiple target levels

  • Prospect associated with both seismic and EM DHI’s

  • On trend with existing Barents Sea discoveries and on

the migration route from the Goliat field and the Nucula discovery

  • The most sought after block in the 20th licensing round

Status:

  • “Heilo” prospect sanctioned for drilling in Q3 2011

  • To be drilled by “Aker Barents”

Key prospect: “Heilo”

  • Structural trap

  • Approx. 200 mmboe mean recoverable

  • +50% CoS

  • Key risk: seal and reservoir quality

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