Statoil Receives Consent to Drill North Sea Well

Petroleum Safety Authority Norway has granted Statoil consent to drill exploration well 30/11-11, located in the North Sea.

Statoil has allocated 36 days for the activity, which will start in mid-January 2016. The well, which is situated around 17 miles south of the Oseberg field at a water depth of approximately 350 feet, will be drilled by the Songa Delta (mid-water semisub).

Statoil is the operator of production licenses 272 and 035.

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