Norwegian oil and gas company, Neptune Energy, has been issued a drilling permit in production license 586 located in the North Sea, according to a press release.

The drilling permit pertains to well 6406/12-G-1 H and will be drilled from the West Phoenix drilling facility. This is expected to happen when it completes the drilling of observation well 6406/12-H-4 for Neptune Energy in production license 586.

The drilling program for well 6406/12-G-1 H relates to the drilling of a wildcat well in production license 586. This is the seventh exploration wells to be drilled in this license.

Neptune Energy is the operator with an ownership interest of 30%. The other licensees are Vår Energi (45%), Suncor Energy (17.5%), and DNO Norge (7.5%). Production license 586 was awarded on 4 February 2011.