Statoil Gets Thumbs Up to Drill North Sea Well West of Vega

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

The consent applies to drilling of exploration well 6608/10-14 S which is part of production license 128. The well lies approximately 165 kilometers west of the island of Vega and has the following geographical coordinates: N 66° 8' 58.5", E 8° 14' 45.7". The water depth at the site is 352 meters.

According to the application for consent start-up is scheduled for the end of January 2010. The operation has an estimated duration of 47 days.

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