Marubeni Succeeds in UK North Sea Exploration

Marubeni North Sea Ltd. successfully completed appraisal drilling on the Cayley condensate gas discovery, located in the UK Central North Sea with its partner, Talisman Energy (UK) Ltd. (operator).

The Cayley discovery was well drilled from 2007 and tested at a constrained rate of 2,846bbls/d of condensate and 29.7 mmcf/d of gas (total about 8,000boe/d). Marubeni has a 41.03% working interest in the Cayley discovery, the rest is owned by Talisman.

Marubeni owns the adjacent exploration acreage with Talisman which has the identified prospects to be explored in the near future