IP - Initial Period EP - Extension Period

(1)

IP - Initial Period Licence round TFO2018

PL Block(s) Companies O

P/

Share(%)Work obligation and decisions

Phase Dura- tion (yrs)

Activity/decision

006 F 2/5 Faroe Petroleum Norge AS O 85

Aker BP ASA P 15

Work obligation as for PL 006 C

019 H 7/12 Aker BP ASA O 80

Faroe Petroleum Norge AS P 20

1 1 G&G studies

Decision: Drill or Drop 2 1 Drill exploration well (the

well can be drilled in PL 019 as long as applied prospect is drilled) Decision: Enter extension period or Drop

IP: 2 EP: PL 019

159 G 6507/2,3 Equinor Energy AS O 85

INEOS E&P Norge AS P 15

Work obligation as for PL 159 B

229 F 7121/9, 7122/5,7,8 Vår Energi AS O 65

Equinor Energy AS P 35

1 2 Reprocess 3D seismic Decision: Drill or Drop 2 2 Drill exploration well

Decision: Concretize (BoK) or Drop 3 2 Conceptual studies

Decision: Continuation (BoV) or Drop

4 1 Prepare development plan Decision: Submit PDO or Drop

IP: 7 EP: PL 229

272 B 30/11,12 Equinor Energy AS O 50

Aker BP ASA P 50

1 3.5 G&G studies

Decision: Drill or Drop

IP: 3.5 EP: PL 272

338 E 16/4 Lundin Norway AS O 50

OMV (Norge) AS P 20

Lime Petroleum AS P 30

Work obligation as for PL 338 C 338 FS 16/1 Applies to all levels

deeper than 100m below base Jurassic.

Lundin Norway AS O 65

OMV (Norge) AS P 20

Wintershall Norge AS P 15

1 2 G&G studies Decision: Enter extension period or Drop

IP: 2 EP: PL 338

(2)

418 B 35/9 Wintershall Norge AS O 35

Capricorn Norge AS P 20

Edison Norge AS P 15

DEA Norge AS P 10

Spirit Energy Norge AS P 20

Work obligation as for PL 418

636 B 36/7 Neptune Energy Norge AS O 30

Idemitsu Petroleum Norge

AS P 30

Wellesley Petroleum AS P 20

Pandion Energy AS P 20

644 C 6506/10 OMV (Norge) AS O 30

Faroe Petroleum Norge AS P 20 Spirit Energy Norge AS P 10

Work obligation as for PL 644 767 B 7120/3, 7121/1,2,3,

7122/1 Lundin Norway AS O 50

INPEX Norge AS P 40

DNO Norge AS P 10

1 2 G&G studies

Decision: Drill or Drop 2 2 Drill exploration well

Decision: Enter extension period or Drop

IP: 4 EP: PL 767

782 SD 25/4,7 Applies to all

stratigraphical levels ConocoPhillips Skandinavia

AS O 40

DEA Norge AS P 20

Aker BP ASA P 20

1 1 G&G studies

Decision: Drill or Drop 2 3 Drill exploration well (the

well can be drilled in PL 782 S as long as the applied prospect is drilled)

Decision: Enter extension period or Drop

IP: 4 EP: PL 782 S

796 B 6407/2,3,6 Equinor Energy AS O 60

Edison Norge AS P 20

Vår Energi AS P 20

838 B 6507/3 PGNiG Upstream Norway

AS O 40

DEA Norge AS P 30

Aker BP ASA P 30

1 2 G&G studies

(3)

IP - Initial Period Licence round TFO2018

IP: 7 EP: PL 838

902 B 7120/1,2 Lundin Norway AS O 40

Petoro AS P 20

Aker BP ASA P 30

DNO Norge AS P 10

913 B 24/11,12 OMV (Norge) AS O 50

Repsol Norge AS P 50

937 B 6406/12 INEOS E&P Norge AS O 40

DEA Norge AS P 30

Petrolia NOCO AS P 30

Work obligation as for PL 937 959 B 6404/1,2, 6503/9 Equinor Energy AS O 50

Petoro AS P 20

M Vest Energy AS P 10

967 3/4,5,7,8 DNO Norge AS O 60

1 2 Acquire modern broadband 3D seismic Decision: Drill or Drop 2 2 Drill exploration well

IP: 7 EP: 20

968 2/2,5,6,8 Faroe Petroleum Norge AS O 40

Petoro AS P 20

MOL Norge AS P 20

Aker BP ASA P 20

IP: 7 EP: 25

(4)

969 1/6,9 Faroe Petroleum Norge AS O 45

A/S Norske Shell P 40

1 2 G&G studies

IP: 7 EP: 20

970 1/3 OMV (Norge) AS O 50

Petoro AS P 20

Neptune Energy Norge AS P 30

IP: 7 EP: 20

971 8/3,6, 9/1,4 Equinor Energy AS O 70

1 2 Acquire 3D seismic Decision: Drill or Drop 2 2 Drill exploration well

IP: 7 EP: 20

972 9/1, 17/11,12, 18/10 Repsol Norge AS O 40

Dyas Norge AS P 30

1 2 Conceptual studies Decision: Continuation (BoV) or Drop

IP: 3 EP: 20

(5)

IP - Initial Period Licence round TFO2018

973 15/12 OKEA AS O 30

Petoro AS P 20

Chrysaor Norge AS P 50

1 2 Acquire and reprocess 3D seismic

IP: 7 EP: 20

974 15/12 OKEA AS O 78.57

Chrysaor Norge AS P 21.43

1 2 G&G studies (perform seismic inversion, conceptual studies and prepare PDO)

Decision: Submit PDO or Drop

IP: 2 EP: 15

975 15/8,9,11,12 DNO Norge AS O 60

Source Energy AS P 40

IP: 7 EP: 15

976 17/4,5,6,7,8,9 Lundin Norway AS O 50

Petoro AS P 20

Repsol Norge AS P 30

1 2 G&G studies

IP: 7 EP: 25

(6)

977 15/5 Aker BP ASA O 60

Vår Energi AS P 40

1 2 G&G studies

IP: 7 EP: 20

978 15/5 Aker BP ASA O 60

Vår Energi AS P 40

1 2 G&G studies

IP: 7 EP: 20

979 15/6, 16/1,4 Aker BP ASA O 60

1 2 G&G studies

IP: 7 EP: 25

980 16/4 Vår Energi AS O 60

Suncor Energy Norge AS P 40

1 2 Acquire 3D seismic over prospective area Decision: Drill or Drop 2 2 Drill exploration well

IP: 7 EP: 20

(7)

IP - Initial Period Licence round TFO2018

981 16/4 Lundin Norway AS O 60

Aker BP ASA P 40

1 1 G&G studies

IP: 6 EP: 20

982 16/3 Total E&P Norge AS O 60

Aker BP ASA P 40

IP: 7 EP: 20

983 16/3, 17/1,2, 25/12,

26/8,10,11 Equinor Energy AS O 40

Petoro AS P 20

Total E&P Norge AS P 20 Faroe Petroleum Norge AS P 20

1 2 Acquire broadband 3D seismic

IP: 7 EP: 20

984 25/7 DNO Norge AS O 40

Source Energy AS P 30

Vår Energi AS P 30

IP: 7 EP: 25

(8)

985 25/5,6,8,9 Vår Energi AS O 40

Petoro AS P 20

Aker BP ASA P 20

Pandion Energy AS P 20

1 2 Aquire new broadband 3D seismic and EM feasibility study

IP: 7 EP: 25

986 25/2,3, 30/11,12 Aker BP ASA O 30

Petoro AS P 30

DNO Norge AS P 20

1 2 Drill one firm exploration well

IP: 5 EP: 25

987 30/7,8,10,11 Suncor Energy Norge AS O 40

Lundin Norway AS P 20

DNO Norge AS P 20

Vår Energi AS P 20

IP: 7 EP: 25

988 30/5 Lundin Norway AS O 40

DNO Norge AS P 30

Vår Energi AS P 30

IP: 7 EP: 20

(9)

IP - Initial Period Licence round TFO2018

989 36/7 DEA Norge AS O 40

Concedo ASA P 30

IP: 7 EP: 20

990 34/9, 35/7,10 Equinor Energy AS O 40

DNO Norge AS P 30

1 1 G&G studies

IP: 6 EP: 20

991 34/7,8 DNO Norge AS O 60

IP: 7 EP: 20

992 33/6,9 Neptune Energy Norge AS O 40

Concedo ASA P 30

IP: 7 EP: 20

(10)

993 33/5,6 Suncor Energy Norge AS O 50

Petoro AS P 20

IP: 7 EP: 25

994 34/1,2,4,5 Neptune Energy Norge AS O 40

DNO Norge AS P 30

IP: 7 EP: 20

995 6304/4,5,7,8,9,10,11,12,

6305/7,10 DNO Norge AS O 60

1 1 G&G studies Decision: Acquire broadband 3D seismic or Drop

IP: 7 EP: 20

996 6304/6,9, 6305/1,4,7 A/S Norske Shell O 50

4 1 Prepare development plan

(11)

IP - Initial Period Licence round TFO2018

IP: 7 EP: 15

997 6305/5,6,8,9,11,12,

6306/7 A/S Norske Shell O 35

1 2 Reprocess 2D seismic Decision: 3D seismic acquisition or drill or Drop

2 (2) Acquire new 3D seismic Decision: Drill or Drop 3 2 Drill exploration well

IP: 7 (9) EP: 15

998 6306/7,8 Spirit Energy Norge AS O 40

1 2 Aquire newly reprocessed 3D seismic

IP: 7 EP: 30

999 6406/12, 6407/10 Equinor Energy AS O 70

IP: 7 EP: 25

(12)

1000 6406/9,12, 6407/7,10 Neptune Energy Norge AS O 40 Suncor Energy Norge AS P 30

DEA Norge AS P 30

IP: 7 EP: 25

1001 6407/6,9 ConocoPhillips Skandinavia

AS O 60

OKEA AS P 20

Vår Energi AS P 20

1 2 Acquire and reprocess broadband 3D seismic Decision: Drill or Drop 2 2 Drill exploration well

IP: 7 EP: 20

1002 6407/4,5 Edison Norge AS O 60

1 2 Acquire and reprocess new 3D seismic

IP: 7 EP: 25

1003 6406/3,6 OKEA AS O 60

Decision: Drill or Drop 2 2 Drill exploration well (not

deeper than 3800 meters) Decision: Concretize (BoK) or Drop 3 2 Conceptual studies

(13)

IP - Initial Period Licence round TFO2018

IP: 6 EP: 20

1004 6507/11 OMV (Norge) AS O 70

1 2 Acquire and reprocess geophysical data Decision: Drill or Drop 2 2 Drill exploration well

IP: 7 EP: 20

1005 6404/9,12, 6405/4,7,10 Aker BP ASA O 60

Vår Energi AS P 40

1 1 G&G studies

IP: 7 EP: 30

1006 6405/3, 6406/1,

6505/12, 6506/10 Equinor Energy AS O 70 Faroe Petroleum Norge AS P 30

IP: 7 EP: 20

1007 6506/7,8,10 Faroe Petroleum Norge AS O 40

OMV (Norge) AS P 20

(14)

IP: 7 EP: 20 1008 6506/2,3,5,6,8,

6507/1,4 Aker BP ASA O 60

IP: 5 EP: 25

1009 6506/6, 6507/4 ConocoPhillips Skandinavia

AS O 65

PGNiG Upstream Norway

AS P 35

IP: 5 EP: 25

1010 6506/3, 6507/1,

6606/12, 6607/10 DEA Norge AS O 60

Vår Energi AS P 40

1 2 Reprocess 3D seismic Decision: Acquire 3D seismic or Drop 2 2 Acquire 3D seismic

IP: 9 EP: 15

1011 6509/11,12, 6510/10 Equinor Energy AS O 60

1 1 G&G studies

Decision: 3D seismic acquisition or Drop 2 2 Acquire new 3D seismic

(15)

IP - Initial Period Licence round TFO2018

IP: 9 EP: 20

1012 6507/6,

6508/2,3,4,5,6,9 Equinor Energy AS O 40

A/S Norske Shell P 35

1 1 G&G studies

Decision: 3D seismic acquisition or drill or Drop

IP: 6 (8) EP: 25

1013 6608/10,11 Petrolia NOCO AS O 60

IP: 7 EP: 15

1014 6610/7,8,9,10,11,12,

6611/7,10 Equinor Energy AS O 70

1 1 G&G studies

Decision: Reprocess 3D seismic or Drop

IP: 8 EP: 20

(16)

1015 6607/8,9,11 INEOS E&P Norge AS O 70

DNO Norge AS P 30

1 1 Acquire 2D seismic Decision: 3D seismic acquisition or Drop 2 3 Acquire new 3D seismic

IP: 9 EP: 30

1016 6607/2,3,4,5,6, 6608/1 OMV (Norge) AS O 60

INPEX Norge AS P 40

1 2 Reprocess 3D seismic and EM feasibility study Decision: Drill or Drop 2 2 Drill exploration well

IP: 7 EP: 20

1017 6607/3, 6608/1 PGNiG Upstream Norway

AS O 50

1 2 Reprocess 3D seismic and EM feasibility study Decision: Drill or Drop 2 2 Drill exploration well

IP: 7 EP: 20

1018 6604/2,3, 6605/1,2,

6705/11 OMV (Norge) AS O 40

1 1 G&G studies

4 1 Prepare development plan Decision: Submit PDO

(17)

IP - Initial Period Licence round TFO2018

or Drop

IP: 6 EP: 15

1019 6704/12, 6705/10 Equinor Energy AS O 50

OMV (Norge) AS P 20

1 1 G&G studies

Decision: 3D seismic acquisition or drill or Drop

IP: 6 (9) EP: 20

1020 6707/1,2,3,5 Wintershall Norge AS O 40

OMV (Norge) AS P 25

1 2 Acquire new 2D seismic Decision: 3D seismic acquisition or Drop 2 2 Acquire new 3D seismic

IP: 9 EP: 20

1021 7019/2,3, 7020/1,

7119/12, 7120/10 DEA Norge AS O 50

DNO Norge AS P 50

1 2 Reprocess 3D seismic (consider acquisition of reprocessed 3D seismic) Decision: Drill or Drop 2 2 Drill exploration well

IP: 7 EP: 20

(18)

1022 7121/9, 7122/7 Aker BP ASA O 40

Concedo ASA P 30

DNO Norge AS P 30

IP: 7 EP: 25

1023 7123/6, 7124/1,2,4,5 Edison Norge AS O 50

1 2 Acquire 3D seismic and EM feasibility study Decision: Drill or Drop 2 2 Drill exploration well

IP: 7 EP: 20

1024 7125/2,3, 7126/1,2,

7225/12, 7226/7,10,11 Repsol Norge AS O 70

DNO Norge AS P 30

1 2 Reprocess 3D seismic Decision: 3D seismic acquisition or drill or Drop

IP: 7 (9) EP: 20

1025 S 7218/6,9,

7219/4,5,6,7,8 Partially stratigraphical -

northwestern part above top Kolmule Formation.

Vår Energi AS O 30

Petoro AS P 20

1 3 Acquire new 3D seismic Decision: Drill or Drop 2 2 Drill exploration well

(19)

IP - Initial Period Licence round TFO2018

IP: 8 EP: 25

1026 7221/6,9,

7222/4,5,6,7,8,9 Aker BP ASA O 40

Petoro AS P 30

1 1 G&G studies Decision: Acquire geophysical data or Drop

2 2 Acquire geophysical data (2D seismic and/or 3D seismic and/or EM data) Decision: Drill or Drop 3 2 Drill exploration well

IP: 8 EP: 25

1027 7220/3, 7221/1,2,4,5 Lundin Norway AS O 40

INPEX Norge AS P 20

DEA Norge AS P 20

DNO Norge AS P 20

IP: 8 EP: 20

1028 7222/2,3 Aker BP ASA O 50

Petoro AS P 20

2 2 Acquire geophysical data (acquire and/or reprocess 3D seismic and/or acquire EM data)

IP: 8 EP: 25

(20)

1029 7221/3, 7222/1,2,3,

7321/12, 7322/10,11,12 Lundin Norway AS O 40

DNO Norge AS P 40

IP: 7 EP: 30

1030 7223/2,3, 7224/1 Aker BP ASA O 50

2 2 Acquire geophysical data (2D seismic and/or 3D seismic and/or EM data) Decision: Drill or Drop 3 2 Drill exploration well

IP: 8 EP: 25

1031 7323/7,8 Spirit Energy Norge AS O 40

Petoro AS P 20

Aker BP ASA P 20

1 2 Acquire new EM data Decision: Drill or Drop 2 2 Drill exploration well

IP: 7 EP: 30