Det norske Accelerates Drilling of Eitri

This article originates from the news archive of Det norske.

7. October 2008

Det norske oljeselskap ASA (“DETNOR”) will drill the Eitri prospect, located in Production License (PL) 027D, in February 2009. The company thus takes advantage of an earlier drilling opportunity as compared to previous drilling plans, where the drilling of Eitri was scheduled for Q2.

Det norske is the operator of the drilling on Eitri, and will subsequent to the completion of the operation acquire a 25 percent interest in the license. ExxonMobil is the operator of the license.

Eitri will be drilled directly after Freke. Freke is located in PL 029B, and the estimated spud date is mid-December. Both locations will be drilled by the rig Bredford Dolphin. Det norske is the operator of the drilling operation, whereas the license is operated by ExxonMobil.

The drilling on Fulla, in PL 362, is expected to commence in late October. Det norske holds a 15 percent interest in the license, which is operated by StatoilHydro.

Media Contact:
Torgeir Anda, Head of Corporate Communication, tel. +47 99 11 22 03

About Det norske:
Det norske is the second-largest operating company on the Norwegian Continental Shelf with 24 operatorships and interests in a total of 46 licenses. In 2008, the company will participate in the drilling of eight to nine exploration wells, whereof three as operator. Det norske’s scope of activities is limited to the Norwegian Continental Shelf (NCS).

Det norske currently employs a staff of more than 120, and the strong growth rate continues. The company`s registered office is located in Trondheim. Headquarter functions are divided between Oslo and Trondheim. The company also has offices in Harstad and Stavanger.

Det norske emerged as a result of the combination between Pertra and DNO`s Norwegian operations.