No estimates yet on how much might be available in area
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Husky Energy has a 35 per cent interest in Harpoon, but Statoil is the operator, with a 65 per cent stake.
“We will continue to build this area as a core exploration region for Statoil,” said Finnstrom.
The semi-submersible drill rig West Aquarius was used for the exploration well that led to the Harpoon discovery. The well was drilled in 1,100 metres of water.
Statoil has plans for three exploration wells in 2013. It is now working on its Federation prospect in the Jeanne d’Arc Basin, near producing offshore operations like Hibernia and Terra Nova.
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The company plans to return to the Flemish Pass to drill the Bay du Nord prospect, southwest of Harpoon and Mizzen, later this year.
Finnstrom, meanwhile, is scheduled to address Noia conference attendees at a close-out luncheon on Thursday.