StatoilHydro receives consent for Barents Sea exploration

StatoilHydro has received consent for exploration drilling in the Barents Sea with the mobile rig Polar Pioneer.

Offshore staff

STAVANGER -- StatoilHydro has received consent for exploration drilling in the Barents Sea with the mobile rig Polar Pioneer.

The consent applies to drilling of exploration well 7222/11-1, Caurus, in production license 228. Water depth at the site is 357 m (1,171 ft).

The start-up of the 45-day drilling program depends on the progress ofPolar Pioneer's ongoing drilling activity at Arenaria. Spudding is scheduled for August 2008.

07/29/2008

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