Even before the discovery wells were completed in June, the company had set up a project organisation to move forward with Pil and Bue (Norwegian for arrow and bow).
The company is also preparing to drill two nearby wildcats from the middle of next year in the same licence, PL 586.
Depending on next year’s drilling results and the preferred development option, the company could reach a concept decision as soon as the end of next year, Lars Henrik Katteland, VNG’s director for development and operations, said at a conference in Kristiansund, Norway.
“We
