Statoil to Continue Work on Tampen with the Borgland Dolphin

Statoil has received consent to use the Borgland Dolphin in the Tampen area during the period January 1 – December 31, 2006.

Statoil has previously received consent for use of the Borgland Dolphin for the contract period up to December 31, 2005.

The company has now extended its contract with Borgland Dolphin until December 2006. The Norwegian Petroleum Safety Board has granted Statoil consent to use the rig for production drilling, completion and well interventions in the Tampen area up to December 31, 2006.

The Borgland Dolphin, which is operated by Dolphin AS, is an Aker H3 rig built in 1976. The facility received an Acknowledgement of Compliance (AoC) in September 2004.

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