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Exploration portfolio overview

  • Norway

    • -

      Eight licences on the NCS of which three are operated

    • -

      Four high potential wells in 2011

  • West Africa

    • -

      High potential well targeting the “Kora” prospect

scheduled to spud in March 2011

    • -

      Significant follow up potential

  • Gulf of Mexico

    • -

      17 licenses including two discoveries

    • -

      Goal to optimise the portfolio during 2011 and to

launch a drilling campaign in 2012

  • India

    • -

      Rocksource is currently in negotiations with ONGC on the participation in the block partnership

  • Focus on preparations for drilling and firming

up additional 2011 & 2012 wells

  • Portfolio optimisation

The Maersk Deliverer is scheduled to drill the Kora prospect in March

15

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