StatoilHydro Gets Go-Ahead to Drill Well 25/2-17 with Ocean Vanguard

StatoilHydro ASA has been granted consent for exploration drilling in the northern part of the North Sea using the Ocean Vanguard semisub.

Well 25/2-17 is located on the Frigg field and belongs to production license 442. The well has the following geographic coordinates: N 59 degrees 51' 57.1", E 02 degrees 38' 50.4". The water depth at the site is 120 meters.

The start-up of the drilling activities is planned for August 2009 as soon as Ocean Vanguard has completed drilling on exploration well 6507/3-7. The activity is expected to last approximately 44 days.