Brugdan wildcat postponed

The partners of Faroese offshore license 006 have deferred drilling of a planned exploration well originally scheduled for this summer.

Offshore staff

TORSHAVN, Faroe Islands – The partners of Faroese offshore license 006 have deferred drilling of a planned exploration well originally scheduled for this summer.

Brugdan 2 now is scheduled to spud in spring 2012 rather than 3Q 2011.

The partners in the license are Statoil (50%), ExxonMobil (49%), and Atlantic Petroleum (1%).

06/06/2011

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