ExxonMobil Gets Go-Ahead to Drill New North Sea Well in PL 027D

ExxonMobil has received consent to conduct exploration drilling of well 25/8-16 S with the Bredford Dolphin semisubmersible drilling rig.

The well is part of production license 027D and is located in the northern North Sea approximately 15 kilometers north of the Balder field. Det norske oljeselskap ASA (Det norske) will drill the well on behalf of the operator ExxonMobil.

Bredford Dolphin, which is operated by Dolphin AS, is a type Semisub Aker H-3 facility. The semisub received the Petroleum Safety Authority Norway's Acknowledgement of Compliance on June 28, 2007.

Expected start-up of the drilling activity is the middle of March 2009, but will depend on the results from drilling activities which are planned prior to this.

The activity has an estimated duration of 34 days.

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