Year Event Result

1982

Lifting of the Sole Concession of 1962 and passing of the Subsoil Act

Danish Subsoil was opened for oil and gas exploration by new companies .

1983

After lifting of the Sole Concession, Olieselskabet Danmark (later to become OK) wished to branch out into oil exploration. Therefore the company joined forces with DLG and Sparekassen SDS, as well as oil companies Britoil and Amarada Hess in order to obtain licenses for the announced First Licensing Round, scheduled for 1984.

On June 22 Olieselskabet Danmark formed their first partnership with Britoil, Amarada Hess and DLG.

1984

In the 1st Licensing Round Olieselskabet Danmark obtained their two first licenses, as partners in the Britoil Group. One license in the North Sea and the other on shore at Sæby in Jutland.

Olieselskabet Danmark participated in their first North Sea exploration drilling, Iris-1

Licenses 8/84 and 9/84 awarded. Iris -1 showed traces of hydrocarbons, though not commercial

1985

Olieselskabet Danmark participate in the drilling of the exploration well Sæby-1, onshore, near Sæby in Jutland.

No traces of hydrocarbons in Sæby-1

1986

Formation of the company Dansk Oliesøgning with DLG a.m.b.a and Sparekassen SDS with a view to join The 2nd Licensing Round.

Dansk Oliesøgning joined up with Norsk Hydro, Texas Eastern and Amarada Hess to apply in this round.

The group was awarded four new licenses in The 2nd Licensing Round, two in the North Sea and one in the proximity of Bornholm.

The state owned company DOPAS and the privately owned company DENERCO were included in all groups when licenses were awarded.

Licenses 3/86, 4/86, 5/86 and 6/86 award

1987

Danoil established as a wholly owned subsidiary of Olieselskabet Danmark, (later to become OK).

Drilling in 5603/28, Jeppe-1 in december

Danoil Exploration A/S was established

1988

Jeppe-1 was plugged and abandoned.

Tordenskjold-1 drilling in block 5503-2 was initiated.

In Jeppe-1 only insignificant amounts of oil and gas were found, embedded in very dense sandstone formations.

1989

Tordenskjold-1 was plugged and abandoned.

Only insignificant traces of gas were found.

1989

A new well was drilled west of Bornholm, Pernille-1

No traces of oil nor gas found

1989

Danoil joined in the Norsk Hydro Group’s application in the 3rd Licensing Round. This time the companies in the group were Norsk Hydro, British Gas, Du Pont, Danoil and KFK. The group was awarded two new licenses.

DOPAS and DENERCO were included in all licenses.

Licenses 7/89 and 8/89 award.

1990

The two licenses awarded in the 1st Round, 8/84 and 9/84 and the two licenses awarded in the 2nd Round in the proximity of Bornholm were relinquished.

At this time Danoil had participating interests in two licenses from the 2nd and 3rd Licensing Rounds

1991

Baron-1. was drilled in License 7/89. Technical problems in a top hole stopped the drilling. Afterwards was drilled. Hereafter Baron-2 was drilled.

These two wells are the only ones in Denmark to be drilled by means of a floating drilling rig, the Mærsk Jutlander.

Oil and gas discovered in Upper Cretacious Chalk. The find was evaluated

1992

Drilling of the Bertel-1 exploration well in License 8/89

Bertel-1 showed Triassic sand with high oil content. The find was evaluated.

1994

Norsk Hydro sold their oil and gas activities in Denmark to Amerada Hess, who became operator of Licenses 7/89 and 8/89

1994

The two remaining licenses from the 2nd Licensing Round, Licenses 3/86 and 4/86 were relinquished.

1995

The Rigs-1exploration well was drilled in License 7/89

Rigs-1 finalized in the beginning of 1995. Oil and gas discovered in Upper Cretacious Chalk. The find was evaluated.

1995

Danoil was part of the Hess Group application in the 4th Licensing Round and was awarded one license. The group comprised Hess, DENERCO and Danoil. DOPAS was included in the group when the licenses were awarded.

License 2/95 awarded

1996

An appraisal well, Rigs-2, was drilled, based on the results from Rigs-1.

On April 16th 1996 the Syd Arne field in License 7/89 was declared commercial with Amerada Hess as operator. Danoil’s participating interest was 1.81 %.

1997

The find Bertel in Licenses 8/89 and 2/95 was declared commercial.

1997

It was decided to extend Syd Arne with a gravity based storage tank and top sides. The facility was built in Scotland. This plan also comprised 7 production wells.

Syd Arne Phase I. Reserves at 89 mio. bbl. oil and 4.3 billion m3 of gas

1997

Due to the development plan for the Syd Arne field, and the estimated production volume, Danoil’s share of License 7/89 was reduced to 1.58 % as a result of the so-called sliding scale rule, which allows DONG to increase their share within certain limits.

Danoil’s share of License 7/89 Syd Arne was reduced to 1.58 %

1999

First oil from Syd Arne on July 25th 1999 and first gas on November 9th 1999.

Analysis to explore the prospects of water injection in the field was initiated.

First year with a positive operating result in Danoil

1999

Drilling of appraisal well Modi-1 on the eastern flank of the Syd Arne field.

Only shows of hydrocarbons in the Upper Cretacious Chalk.

2000

First test of first water injection in the Syd Arne field. The test proved that water injection would increase oil and gas extraction considerably.

2001

A development plan for complete implementation of water injection in the Syd Arne field was approved, and estimates for reserves were more than doubled compared to the original development plan.

The number of production wells was increased to 16.

Syd Arne Phase II – Reserve estimate increased to 190 mill bbl oil and 8.8 bill m3 gas.

2003

The Katherine-1 appraisal well on the eastern flank of the Syd Arne field fulfilled the expectations as to reservoir properties, but the well was never tested. This might have saved the cost of drilling the SA17 well, which produced nothing but water for a number of years and was then plugged and abandoned.

Upper Cretacious Chalk with a considerable oil and gas content was discovered on the south eastern flank of the Syd Arne field

2003

The Jette-1 exploration well drilled in License 7/89.

Jette-1 turned out a sound reservoir without any show of neither oil nor gas.

2003

The Ophelia-1 exploration well was drilled in License 8/89

Ophelia-1 showed traces of oil in tight Jurassic sandstone

2004

After long considerations the Bertel find was deemed non-commercial, after all, and Licenses 8/89 and 2/95 were relinquished

Danoil only had one license left: License 7/89 within the Syd Arne field.

2005

The Syd Arne Group applied for a license just south of the South Arne field in the 6th Licensing Round.

License 2/06 was awarded

2006

The Rigs-3 appraisal well was drilled north of the Syd Arne field to assess potential for a northern extension. The area was-riddled by faults and it proved necessary to drill 3 sidetracks

The Rigs-3 well confirmed that the Syd Arne field extended a lot further north that first assumed.

2006-10

It was decided to drill a number of in-fill wells in the Syd Arne field. First SA-17, followed by 18 and 19. After a short production period SA-17 was plugged, and SA-20 and 21 were drilled. From this point on there was no more space available for production wells on the Syd Arne platform

Syd Arne in-fill. Reserve estimate increased to 199.8 mill bbl oil and 10.7 bill m3 gas.

2008

The Rigs-4 appraisal well was drilled in License 02/06 Syd Tor, however, the results were disappointing and the well plugged

The Rigs-4 well only shows insignificant traces of oil and gas on the southern flank of the Syd Arne field.

2008

Danoil made a strategic decision to expand activities after a number of years with a slowdown in activities and relinquishing of exploration licenses.

The initial initiative was the acquisition of a 10 % share of the combined licenses Gita 9/06 and Maja 9/95 from Shell. The same year the exploration well Gita-1 was set up, this was Danoil’s first HPHT well.

Based on this decision cooperation with Spexmac A/S consultants started up.

Danoil entered into licenses 9/95 and 9/06

2009

The result from Gita-1 was very uncertain and the partners had varying opinions of the results , which lead to a number of more or less contradictory press releases from some of Danoil’s partners. In Danoil’s opinion the reservoir was probably too tight for commercial production.

Gita-1 found poor quality gas in Middle Jurassic sandstone

2010

Based on the results from the Rigs-3 well development plans for Syd Arne Northern Extension (SANE) were presented. These plans comprised the installation of two unmanned platforms, one in direct connection with the Syd Arne Platform and 11 new production and water injection wells.

Syd Arne Phase III – Reserve estimate increased to 238.6 mill bbl oil and 12.9 bill m3 gas.

2011

License 02/06 relinquished.

NORECO sold off their share of the Syd Arne field. Danoil executed their preemption right and increased their share in the field.

Danoil share of field increased to 1.69 %

2011

In May 2011 Danoil acquired an 8 % share of Spyker Energy’s license 12/06. Operator: PA Resources.

Drilling of the Broder Tuck-1 exploration well in August 2011.

As part of the same drilling campaign, the exploration well Lille John-1 was drilled in November 2011.

Danoil entered into License 12/06.

Discovery of gas/condensate in Middle Jurassic sandstone – discovery evaluation commenced.

Discovery of oil in Miocene sandstone – discovery evaluation commenced

2012

Development of SANE in progress, but delays on part of the Spanish yard , commissioned to build top sides, caused delay and increased costs.

2012

Danoil buy share of the German Licence B20 008/73.

The licence is located west of licence 12/06 and the purchase aims to investigate if the knowledge for the Danish licence can reveal new potential in the German licence. This purchase is Danoil’s first engagement in upstream activities outside Denmark.

Danoil’s first license outside Danish territory

2013

First oil from SANE in November.

As part of the 7/89 group, Danoil participate in the drilling of the Solsort-2 appraisal well. This well was drilled in an adjacent license and it was expected that any finds would extend into License 7/89.

Finds of oil in Palaoocene sandstone in Solsort-2. The find extended into Danoil License 7/89 – discovery evaluation commenced.

2014

License 9/95 Gita was relinquished.

In June 2014, Change of operator in License 12/06. Dutch based Dana Petroleum became new operator.

2014

Danoil participate in drilling of the appraisal well Lille John-2. The well is completed in February 2015.

Danoil has an 8% interest in licence 12/06 where the well is drilled.

The well confirm presence of Oil in Miocene sands. The well is tested and a sidetrack drilled to confirm extend of oil column.

2014

In December the Xana-1 exploration well is initiated. Danoil has a 10% interest in the 9/95 Maja licence, where the well is drilled

2015

Xana-1 completed in May. The well wa a HPHT well and is the deepest well that Danoil has participated in drilling of, to date. In May 2016, a discovery evaluation report was filed with the Danish Energy Agency-

 The well found Gas/Condensate in fair quality Upper Jurassic sandstones

2016

Danoil has had 3 new licences awarded in the Danish 7th round. Licence 16/16 and 5/16 are new exploration licences, whereas the licence 4/16 is an expansion of the licence acreage that holds the Brother Tuck gas discovery

Three new licences, 4/16, 5/16 and 16/16

2016

Syd Arne Phase III development is completed with the completion of the 32nd development well in the field – 11 of these has been drilled as part of the Phase III development.

2016

On the 22nd May we received the Danish Energy Agency approval of the Declaration of Commerciality for the Robin Hood Project, comprising a joint development of the Brother Tuck Gas discovery and the Lille John oil discovery in licence 12/06. The approval also comprises a 30 year extension of the licence.

Brother Tuck and Lille John discoveries declared commercial

2017

German licence has been extended to 31/12 2018

2017

Production permit for the Syd Arne field has been extended to 2047

2018

Licences 4/98 and 9/95 has expired

Relinquishment of the Xana discovery

2019

Licence 16/16 and 5/16 has been relinquished

2019

German licence extended to 31/12 2021 and has got a new name; NE3-0002-01

2020

Danoil increase interest in licence 12/06 and 4/16 to 10,43%

2021

Danoil byes Neptune Energy Danmark ApS and increase its share of the Solsort discovery to 13,8622%. Neptune Energy Danmark ApS has subsequently been renamed to Danoil II ApS

2022

The German licence NE3-0002-01 – has been relinquished

2022

A PDO for the Solsort West field has been submitted to the DEA. The plan was approved by the authorities in December of 2022.

Development of Solsort West field

2023

Drilling of production wells in Solsort West was initiated in July 2023. It is expected that the field will be on stream in Q1 2024