Talisman Gets Green Light to Spud Grevling Appraisal

The Petroleum Safety Authority Norway granted approval to Talisman to conduct exploratory drilling on appraisal well 15/12-23 in PL 038D. Talisman will use the Transocean Winner semisub to spud the appraisal well on the Grevling discovery in April 2010. The Grevling field is located on Production Licenses 038, 038D in a water depth of 328 feet (100 meters) in the Norwegian sector of the North Sea. Talisman serves as the operator of the field with a 40% interest; partners include Det norsk oljeselskap with 30% and Petoro with 30%.

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