Additional Pay at Vito Sets Stage for Stand-Alone Development

Anadarko announced the Shell-operated Vito appraisal well in the Gulf of Mexico encountered more than 600 net feet of high-quality oil pay in thick subsalt Miocene sands. This sidetrack appraisal well, which is located in Mississippi Canyon block 940, is more than one mile from the 2009 Vito discovery well.

"Our Gulf of Mexico appraisal program is off to a great start in 2010 with the successful Lucius and Vito appraisal wells each finding more than 600 net feet of oil pay," said Bob Daniels, Anadarko Sr. Vice President, Worldwide Exploration. "The successful Vito appraisal well is an important step in confirming our geologic models of the area and transitioning this field from exploration to a potential stand-alone development. With more than a mile separating the appraisal location and the discovery well, the initial results of the Vito appraisal well substantiate the field's large areal extent and thick, high-quality reservoirs."

The Vito appraisal well was drilled to a total depth of approximately 31,000 feet in approximately 4,050 feet of water by the Noble Jim Thompson. Another sidetrack appraisal well is planned for 2010 to further delineate the discovery.

Anadarko holds a 20-percent working interest in the block and was the initial operator of the Vito discovery. Shell Offshore Inc., operator, holds a 55-percent working interest, and Statoil USA E&P Inc. holds the remaining 25-percent working interest.


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