Enterprise Oil PLC
22 November 2000
Enterprise Oil announces Norwegian discovery
Enterprise Oil today announced a further discovery offshore Norway, making a
total of five discoveries out of six wells in which they have been involved
this year.
The Falk exploration well lies 20 kilometres north-east of the Norne oil field
and discovered oil in Jurassic sandstones. The well will not need testing as
an extensive logging programme has been completed and fluid samples have been
collected.
John Crowle, General Manager, Enterprise Oil Norge, commented: 'We are
extremely pleased at the result of this well. This latest discovery has
continued our recent record of exploration success in Norway and emphasises
the potential of the Skarv-Idun-Norne trend in which Enterprise is a key
stakeholder.'
Co-venturers in PL-128 (awarded in the tenth licensing round part B) are:
Statoil 40 per cent
SDFI 25 per cent
Norsk Hydro 13.5 per cent
Agip 11.5 per cent
Enterprise Oil Norge 10 per cent
For further information, please contact:
John Crowle, General Manager, Enterprise Oil Norge 00 47 51 84 30 52
Patrick d'Ancona, Head of Public Relations, Enterprise Oil plc 020 7925 4160
Peter Reilly, Head of Investor Relations, Enterprise Oil plc 020 7925 4476
Sucharita Sethi, PR Officer, Enterprise Oil plc 020 7925 4160
Notes to Editors
Well 6608/11-2 is located approximately 175 kilometres off the coast of
Helgeland in water depth of 351 metres. The well was drilled by the drill-ship
'West Navion' which will leave the well location on 22 November.
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