Petrolia Norway AS, a 100% subsidiary of Petrolia SE, has completed drilling of wildcat well 26/10-1. The well investigated the hydrocarbon potential of the Zulu prospect in PL674BS, which is located 100 km west of Stavanger on the Norwegian west coast and approximately 30 km northeast of the Johan Sverdrup discovery.
The main objective of well 26/10-1 was to test the hydrocarbon potential in the Miocene Utsira Formation sand.
The well encountered Utsira Formation sand with very good reservoir quality. The well encountered gas in an upper 24 m sand sequence. Pressure measurements imply a gas column of 36 m at the well. Thorough logging and sampling has been performed. Fluid data will be analysed and detailed mapping performed for resource potential evaluation. The well is being plugged and abandoned as a gas discovery.