PKN Orlen Says PGNIG Upstream Norway To Start Exploitation Of Verdande Deposit
Polski Koncern Naftowy Orlen SA 
PKN:
PGNIG UPSTREAM NORWAY, TOGETHER WITH ITS CONCESSION PARTNERS, SUBMITTED AN APPLICATION FOR APPROVAL OF THE PLAN FOR DEVELOPMENT AND EXPLOITATION OF THE VERDANDE DEPOSIT IN THE NORWEGIAN SEA
EXTRACTION TO START IN FOURTH QUARTER OF 2025
VERDANDE IS AN OIL-GAS FIELD WHICH RECOVERABLE RESERVES ARE ESTIMATED AT 36.3 MILLION BARRELS OF PETROLIUM EQUIVALENT
ACCORDING TO PLAN SUBMITTED TO THE NORWEGIAN MINISTRY OF PETROLEUM AND ENERGY, DRILLING IS TO START AT THE END OF 2024