Norske Shell to Drill North Sea Exploration Well with Leiv Eriksson

A/S Norske Shell has been granted consent to conduct exploration drilling of well 6603/12-1 with the semisub Leiv Eriksson.

The well is part of production license 326 and is located in the Norwegian Sea approximately 370 kilometers west of Sandnessjoen.

According to the consent application, the estimated start-up of the drilling activity will be mid-December 2008, at the earliest. The planned duration of the activity is approximately 100 days.

Leiv Eriksson is owned and operated by Ocean Rig AS. The facility received a new Acknowledgement of Compliance on July 11, 2008.

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