StatoilHydro Gets Green Light for Barents Sea Exploration



StatoilHydro has received consent to drill exploration well 7222/6-1 with the semisub Polar Pioneer.

We have given consent on the basis of, inter alia, documentation submitted in connection with the application and documentation related to the Acknowledgement of Compliance (AoC) for Polar Pioneer, issued April 6, 2004, with the assumptions and obligations the Acknowledgement of Compliance represents for the shipowner and operator.

Well 7222/6-1 is located in production license 228 and the water depth at the site is 364 meters. Estimated drilling time is approximately 50 days.

RELATED COMPANIES
For More Information on the Offshore Rig Fleet:
RigLogix can provide the information that you need about the offshore rig fleet, whether you need utilization and industry trends or detailed reports on future rig contracts. Subscribing to RigLogix will allow you to access dozens of prebuilt reports and build your own custom reports using hundreds of available data columns. For more information about a RigLogix subscription, visit www.riglogix.com.