Gita (Gita and Maja licenses)

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In 2007 Noreco entered into an agreement with Chevron Denmark to farm into licenses 9/06 and 9/95 – the Gita/Maja licences operated by Maersk OIl & Gas AS.

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At the Gita discovery in Denmark (Noreco 12 percent), the seismic re-processing work that started in 2010 was completed in the first half of 2011. The reintrepreta­ton in 2011 confirmed the interpretation of the Middle Jurassic discovery, but has led to a better definition of the Upper Jurassic prospectivity. This work on the Upper Jurassic prospectivity will continue into 2012. After an extension to the Maja licence was granted by the Danish authorities, both licences now have a drill or drop date in May 2012. Noreco’s primary goal is to make a drill decision on appraising the Middle Jurassic discovery.

Last updated 13. April 2012