Jordbær Prospect proves oil

A significant oil discovery has been made on the Jordbær prospect in the North Sea, according to Revus Energy

Offshore staff

STAVANGER, Norway -- A significant oil discovery has been made on the Jordbær prospect in the North Sea, according to Revus Energy. The well has been tested with an average oil rate of approximately 7,500 b/d.

The Jordbær prospect consists of two main segments: Jordbær Central and Jordbær East.

Exploration well 34/3-1S tested the Jordbær Central segment. The company now intends to drill a sidetrack to better determine the resource potential of the Jordbær Central fault compartment.

Revus Energy holds a 20% interest in production license 373 S, where the Jordbær prospect is located. BG Norge AS is the operator.

The semisubmersibleBredford Dolphin drilled the well to 4,057 m (13,310 ft) TVD below the sea bed. It was completed in the Triassic age Statfjord formation.

The well will be permanently plugged and abandoned following the sidetrack operation. The Bredford Dolphin will move to PL 338 and drill an appraisal well on the Luno discovery where Revus Energy has a 30% interest.

Revus Energy also holds interests in several adjacent licenses to PL 373S. Exploration well 34/3-1S, located northeast of the Snorre field in the northern North Sea, on the extension of the Tampen Spur, proved an oil accumulation in reservoir of Jurassic age. A comprehensive data acquisition program has been carried out in addition to the production test, the company says.

08/11/2008

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