Norwegian Petroleum Directorate announces drilling permit for well 3/7-8 S in production licence 147

11/15/2012

Norwegian Petroleum Directorate announces drilling permit for well 3/7-8 S in production licence 147

The Norwegian Petroleum Directorate has granted DONG E&P Norge AS a drilling permit for well 3/7-8 S. The well will be drilled from the Mærsk Giant drilling facility at position 56°23’10.72’’ north and 4°14’0.52” east.

The drilling programme for well 3/7-8 S relates to drilling of a wildcat well in production licence 147. DONG E&P Norge is the operator with an ownership interest of 50 %. The licensee Bayerngas Norge AS also has an ownership interest of 50%. Production licence 147 was awarded in the 12th licensing round in 1988. The area in this production licence is located south of the Trym field in the southeastern part of the North Sea, and consists of block 3/7 bordering Denmark. Well 3/7-8 is the fourth exploration well in this production licence.

The permit is contingent upon the operator securing all other permits and consents required by other authorities before commencing drilling activities.

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