Maersk Acquires Interest in Norwegian Sea

Asgard, Norwegian Sea
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Maersk Oil acquired a 20% interest in Production License 435 from Wintershall. The license, located between the producing Heidrun field and the Victoria discovery near the Åsgard field complex, contains one firm exploration well expected to spud in June 2010. If successful, a second exploration well is planned for drilling in 2011. Partners in the license are RWE (40%, operator), Noreco (20%) and Edison (20%).

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