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OMV receives exploration drilling consent

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Oilfield Technology,

Wildcat well 7324/8-3 is in a prospect named ‘Wisting Central III’ and is set to me drilled by OMV. The drilling location is in the Barents Sea, approximately 315 km north of Hammerfest.

The geographical co-ordinates will be: 73° 26' 04.0014" N; 24° 23' 21.6697" E. Water depth at the site is 394.5 m.

The drilling is expected to last for 31 days, and will begin in mid-August at the earliest.

The well is to be drilled by the Island Innovator semisubmersible mobile drilling facility. The facility is a Global Maritime GM4000 type, delivered by the COSCO shipyard in China in 2012. It is owned by Island Drilling Company, operated by Odfjell Drilling, is Norwegian-flagged and classified by DNV GL.

Island Innovator was issued with an Acknowledgement of Compliance (AoC) by the PSA in August 2013.

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