PSA Norway Gives StatoilHydro Thumbs Up to Drill New North Sea Well

StatoilHydro has received consent to conduct exploration drilling in the northern part of the North Sea using the semisubmersible drilling rig Transocean Winner.

Well 30/9-23 is part of Production License 104 and is located about six kilometers east of Oseberg A. The well has the following geographical coordinates: N 60 degrees 27' 32.76", E 2 degrees 59' 07.64". Water depth at the site is 114 meters.

According to the application for consent, start-up of drilling is planned for the beginning of May 2009. Drilling operations have an estimated duration of 45 days.


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