DEA made its application under Denmark’s 7th licensing round in October 2014 and was awarded licenses 8/16 and 9/16 in partnership with Dyas.
The concession area covers 530 sq km (204 sq mi) in the southern Central Graben.
The main geological target is lower Cretaceous sandstones that could be oil-prospective. Over the next few years the partners plan seismic investigations and exploration drilling.
This is DEA’s first operatorship in the Danish sector. The company is also a partner to DONG Energy in the producing Cecilie and Nini oil fields.
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