Transocean Leader to drill Stetind

The Petroleum Safety Authority Norway has granted Norsk Hydro Produksjon AS consent for exploration drilling of the Stetind well 6605/8-1, production license 283. Norsk Hydro will use the mobile drilling rig Transocean Leader.

Aug 12th, 2004

The Petroleum Safety Authority Norway has granted Norsk Hydro Produksjon AS consent for exploration drilling of the Stetind well 6605/8-1, production license 283. Norsk Hydro will use the mobile drilling rigTransocean Leader.

The start-up date for drilling depends on preceding activities, including the duration of the rig's exploration drilling for Shell.

The licensees in production license 283 are Hydro, ChevronTexaco, ConocoPhillips, and Petoro.

The well is a deepwater exploration well in an area west of Sandnessjøen, which will be the supply base.

Norsk Helikopter AS will transport personnel to and from the rig from Brønnøysund.

08/12/04

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