License 7/16 spans 306.4 sq km (118 sq mi) in waters adjacent to the German median line to the south. Hansa says it will target an extension of a late Miocene oil play that delivered the Lille John discovery which contained 34-35° light API crude.
Last year Dana Petroleum drilled a successful appraisal well and side track.
According to Hansa, numerous large seismic anomalies in similar-age sandstones on its acreage could also be oil-filled.
Hansa’s firm work program involves reprocessing existing 3D seismic, combined with AVO and inversion studies, to de-risk prospectivity.
License 14/16, spanning 284.9 sq km (110 sq mi) in the southern Permian basin, is at the westernmost Danish offshore point, close to the UK and German median lines. Geological studies and analysis of 3D data suggest prospectivity in Jurassic oil-prone stratigraphic traps on the flanks of the Mid North Sea High.
Firm commitments include reprocessing existing 3D seismic to improve structural definition.
Both licenses run for six years with a mandatory drill-or-drop decision at the end of year two. In both cases, Edison and Nordsofonden are the partners. The awards remain subject to ratification by Denmark’s Parliament.
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