StatoilHydro granted drilling permit

NPD has granted StatoilHydro ASA a drilling permit for wellbore 7123/4-1 S.

Offshore staff

STAVANGER -- NPD has granted StatoilHydro ASA a drilling permit for wellbore 7123/4-1 S. Polar Pioneer will drill the well.

The drilling program for wellbore 7123/4-1 S relates to the drilling of an appraisal well in production license 110 C. StatoilHydro ASA is the operator with 33.53% interest, Petoro AS (30%), Total E&P Norge AS (18%), Gaz de France Norge AS (12%), Hess Norge (3.26%) and RWE Dea Norge AS (2.81%).

The acreage in the production license is located 109 km (67.7 mi) northwest of Hammerfest and consists of block 7123/4.

Production license 110 C was awarded in 2006 in the 19th licensing round with Statoil ASA as operator. Appraisal well 7123/4-1 S is the first well in production license 110 C.

03/10/2008

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