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Consent to exploration drilling with Bredford Dolphin on well 16/1-9

Noil Energy ASA (Noil) has been granted consent to exploration drilling with the mobile facility Bredford Dolphin on Production Licence 001B, well 16/1-9.

Location of the well

The well is located south-west of the Grane field and has the following geographical coordinates (map):

N 58° 54' 48.04", E 02° 12' 07.23".

Noil is a subsidiary of Det Norske Oljeselskap ASA (DNO) and is the operator for this drilling activity.

Bredford Dolphin, which is operated by Dolphin AS, is a Semisub Aker H-3 type facility. The facility received the Petroleum Safety Authority Norway's Acknowledgement of Compliance on 28 June 2007.

The activity is expected to commence in January 2008, but depends on the results from the drilling activities which will be carried out by Bredford Dolphin prior to this. The duration of the drilling activity will be approx. 65 days.

Contact person in the Petroleum Safety Authority Norway:
Mike Theiss