StatoilHydro to Drill New North Sea Well with Ocean Vanguard

StatoilHydro has received consent for exploration drilling in the Norwegian Sea with Diamond Offshore's Ocean Vanguard semisub.

The well is located 7.6 km southeast of 6608/10-4 (Norne), 12.7 km south-southwest of 6608/11-6 (Hauk) and 160 km west-northwest of the island Vega.

The well is part of production license 437 and has the following geographical coordinates: N 66 degrees 00' 25,4", E 08 degrees 18' 10.2". The water depth at the site is 387 meters.

Drilling is planned to start in late September 2009. The operation is expected to last for 32 days.

Ocean Vanguard (formerly West Vanguard) is a semisubmersible, third-generation drilling facility of the type Bingo 3000, built in 1982. It is operated by Diamond Offshore which has an operations office in Stavanger, receiving technical and operational support from the company's office in Aberdeen.