Hook up of El Bibane well complete

The hook-up of the production well EBB-3 in the El Bibane field offshore Tunisia has been completed.

Offshore staff

STOCKHOLM -- The hook-up of the production well EBB-3 in the El
Bibane field offshore Tunisia has been completed. Production is not
yet stabilized as the oil production rates are increasing as the well
continues to clean up, the company says.

The latest oil production from the well is over 1,000 b/d. The oil
production also includes significantly higher levels of condensate,
which has been separately tested at approximately 70
barrels per million cubic feet of gas, which is almost double the
company's anticipated ratio.

07/31/2008

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