Lundin Norway has taken over operatorship from EnQuest PLC.
In its latest half year report dated August 19th 2015, EnQuest announced publicly that they on July 15th had agreed to assign their 35% shares in PL758 and PL800 to Lundin Norway AS. PL758 contains the Lynghaug prospect which is located 6 km South-East of the Norne field in the Nordland II area in the Norwegian Sea. PL800 lies in the neighboring block and contains i.a. the Varhaug prospect which is expected to lie within the same structure as Lynghaug.
Besides Lundin's 35%, Capricorn Norway holds 35% and Skagen44 30% in the two production licenses that were awarded in February 2013 and February 2014 respectively.