Sissel-1 Exploration Well Completed

DONG has completed drilling of the exploration well Sissel-1 (5605/13-06) in the North Sea. The well was drilled with the jackup ENSCO 70 approximately 15 kilometers northeast of the Siri production platform. The well was spudded March 14, 2005 in 58 meters of water.

Sissel-1 was drilled as a vertical well and reached total depth at 2057 meters below mean sea level in chalk of Danian age. Reservoir sandstones of Paleogene age was penetrated, but no conclusive shows of hydrocarbons were observed. The results of Sissel-1 will now be further evaluated. The well has been plugged and abandoned.

The participants in License 6/95 are DONG as operator with 50%; Paladin with 30% and Denerco Oil with 20%.

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