Stork-1 is a Duster for ConocoPhillips, Partners

ConocoPhillips Petroleum International Corporation Denmark, operator for the companies in license 4/98, has completed the exploration well Stork-1 (5604/31-1) in the Danish part of the North Sea.

Stork-1 was drilled as a slightly deviated well and reached total depth in volcanic rocks at 4880 meters TVD below mean sea level. The well encountered hydrocarbons in sandstone of Jurassic age. No production testing was performed. Results from the well will now be evaluated closely.

Stork-1 was spudded 30 August 2006 with the jack-up rig ENSCO 102 at the location 5606'45.233" N; 0435'24.319" E (UTM zone 31; 6 219 884.53 N; 598 881.97 E), where the water depth is 53 meters.

Companies participating in license 4/98:

--Conoco Phillips Petroleum International Corp. Denmark (operator), 25%
--Saga Petroleum Danmark AS, 30%
--Petro-Canada Denmark GmBH, 25%
--DONG E&P A/S, 20%

Stork-1 will be plugged and abandoned. The rig ENSCO 102 will subsequently be moved to the South Arne field to drill two production wells.

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