The Danish Energy Agency extended by two years License 12/06 operated by PA Resources with a 64% working interest and License 9/06.
The PA Resources-operated License 12/06, which contains the Broder Tuck gas/condensate discovery and Lille John oil discovery, runs through May 2014. Planning has started for a well appraising the Lille John shallow oil discovery.
The Maersk-operated licenses 9/06 and 9/95 also were extended by two years. In 2009, the Gita 1X-well encountered indications of hydrocarbons in the Middle Jurassic high-pressure, high-temperature secondary target but with low permeability.
The 9/95 license was extended with a commitment to drill a deep HPHT well targeting an Upper Jurassic gas exploration prospect, considered high risk.
