Songa Dee spuds Aegis prospect well

The semisubmersible Songa Dee has spudded exploration well 25/10-9 on the Aegis prospect (Aegis-1) in block 25/10, PL304, in the North Sea sector of the Norwegian Continental Shelf (NCS).

Offshore staff

STOCKHOLM -- The semisubmersibleSonga Dee has spudded exploration well 25/10-9 on the Aegis prospect (Aegis-1) in block 25/10, PL304, in the North Sea sector of the Norwegian Continental Shelf (NCS).

The planned depth for the well is approximately 2,900 m (9,514 ft) below mean sea level. The drilling operation is expected to take approximately 45 days.

The Aegis exploration well is targeting an early Eocene sandstone reservoir with gross unrisked prospective resources of 104 MMboe.

Lundin Petroleum is the operator of PL304 with 50% interest. Partners are Aker Exploration AS with 30% and VNG Norge (Operations) AS with 20% interest.

06/12/2009

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