22/05/2015 The Norwegian Petroleum Directorate (NPD) has granted Statoil Petroleum AS a drilling permit for well 6706/11-2, cf. Section 8 of the Resource Management Regulations.

Well 6706/11-2 will be drilled from the Transocean Spitsbergen drilling facility in position 67°03’56.97”north and 06°32’57.45”east after completing the drilling of wildcat wells 6407/8-7 and 6407/8-7 A for Statoil in production licence 348 C.

The drilling program for well 6706/11-2 relates to the drilling of wildcat wells in production licence 602. Statoil Petroleum AS is the operator with an ownership interest of 30 per cent. The other licensees are Centrica Resources AS (20 per cent), Petoro AS (20 per cent), Rocksources Exploration Norway AS (10 per cent), Wintershall Norge AS (10 per cent) and Atlantic Petroleum Norge (10 per cent).

The area in this licence consists of part of block 6706/10, block 6706/11 and part of block 6706/12. The well will be drilled about 22 kilometres west of Aasta Hansteen (the Haklang field).

Production licence 602 was awarded on 13 May 2011 in the 21st licensing round on the Norwegian shelf. This is the second well to be drilled in the licence.

The permit is conditional upon the operator securing all other permits and consents required by other authorities prior to commencing the drilling activity.

Contact in the Norwegian Petroleum Directorate

Kristian Runestad, tel. +47 51 87 60 27

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Updated: 22/05/2015