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    1. Drilling & Completion

    Pertra acquires additional share of PL 337 off Norway

    Sept. 7, 2006
    Perta has acquired Marathon's 30% share of PL 337 on the Norwegian continental shelf.

    Offshore staff

    TRONDHEIM, Norway -- Perta has acquired Marathon's 30% share of PL 337 on the Norwegian continental shelf.

    In return, Marathon has acquired the right to use one drill slot contracted to Pertra under the consortium for the use of theBredford Dolphin drilling rig.

    Pertra, as operator, now holds 65% of the license with BG at 25% and Talisman at 10%.

    9/7/06