Well 26/10-1 will be drilled from the Island Innovator drilling facility at position 59°00’01.86” north and 03°04’14.69” east in the central part of the North Sea.

The drilling programme for well 26/10-1 relates to drilling of a wildcat well in production licence 674 BS. Lundin is the operator with an ownership interest of 35 per cent. The other licensees are Petrolia Norway AS with 35 per cent and E.ON E&P Norway AS with 30 per cent.

The area in this licence consists of the southwestern part of block 26/10 and northwestern part of block 17/1. The well will be drilled about 32.8 kilometres northeast of the 16/2-6 discovery well on the Johan Sverdrup field and about 112 kilometres from Stavanger.

Production licence 674 BS was carved out of PL 674, which was awarded on 8 February 2013 (APA 2012). This is the first well to be drilled within the licence area.

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