Faroe Petroleum announced the commencement of the Bon exploration well 7318/12-1 (Faroe 20%) and the decision to drill an appraisal well on the Brasse discovery in the 2017 drilling programme. Licence PL716, which contains the Bone prospect (previously named Dazzler), is located in the western part of the Norwegian Barents Sea in a similar structural setting to the Johan Castberg discovery. The primary targets for the well are the Jurassic Sto- and Nordmela sandstones with a secondary target within the Triassic Fruholmen and Snadd sandstone formations.
Licence PL716 was awarded to Faroe in June 2013 in the Norwegian 22nd Licensing Round together with co-venturers Eni Norge AS (30% and operator), Bayerngas Norge AS (20%), Petoro AS (20%) and Point Resources AS (10%). The Boné well is being drilled using the Scarabeo 8 drilling rig and the results will be announced when drilling operations are complete. (Source: Faroe Petroleum)