PL006C - SE Tor - Faroe Petroleum 10%

This licence was acquired from Noreco ASA in April 2008. PL006C contains the South East Tor discovery.

The South East Tor oil discovery (2/5-3) lies in 67 metres of water within the Upper Cretaceous Tor and Ekofisk chalk formations and near the prolific producing reservoirs Ekofisk, Valhall and Tor fields. Well 2/5-3 was drilled in 1972 on the crest of a salt induced anticline. The well encountered oil in both the Tor and Ekofisk formations and was successfully tested, with 43 degree API oil quality at 4,525 barrels of oil per day (bopd) from the Tor Formation and also 4,281 bopd from a separate test in the Ekofisk Formation. South East Tor is located within tie-back distance of a number of potential production hosts in the area.