ConocoPhillips Gets Go Ahead to Drill New North Sea Well in March

ConocoPhillips has received consent to conduct exploration drilling of well 8/10-3 using the jackup drilling rig Maerrsk Gallant. The well is part of production license 331 and is located about 55 km north-northeast of the Ekofisk Complex.

Well 8/10-3 has the following geographical coordinates: N 57 degrees 02' 23.481", E 03 degrees 17' 01.820".

The Maersk Gallant jackup is operated by Maersk Contractors Norge A/S.

The plan is to commence drilling around mid-March 2009, after the facility has concluded a stay at the shipyard in Esbjerg. The activity has an estimated duration of about 176 days.

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