Robin-1 Exploration Well Completed

DONG E&P, operator for the companies in license 11/98, has completed the exploration well Robin-1X (5503/08-1) located approximately 6 kilometers north of the German A6/B4 gas field in the North Sea.

Robin-1 was spudded June 7, 2006 with the jackup ENSCO 72 in 172' of water.

Robin-1 was drilled as a near vertical well and reached total depth at 3458 meters TVD below mean sea level in layers of Triassic age. The well encountered sandstone reservoir of Triassic age and porous chalk of Upper Cretaceous age. Only minor hydrocarbon shows were encountered.

License 11/98 was granted 1998 in the Danish 5th round. The participating companies are Wintershall with 35%; Petro-Canada with 20%; DONG with 20% EWE Aktiengesellschaft with 15% and Denerco Oil with 10%.

The well is being plugged and abandoned. The rig will subsequently be moved out of Danish territory.

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