Talisman Gets Green-Light to Drill Sidetrack Wells on Varg A

Talisman Energy Norge AS was granted consent to drill three sidetrack wells on Varg A using the Maersk Guardian jackup. According to Petroleum Safety Authority Norway, the purpose of drilling is to increase utilization and maintain the production level from the field by drilling into new reservoir areas. Drilling is expected to start soon and finish in April 2011. The Varg field is located on Block 15/15 in Production License 038 in the Norwegian sector of the North Sea. The partners of the production license are Talisman (operator, 65%), Petoro (30%), and Det norske (5%).

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