Norway: Statoil Gets a Green Light to Drill Exploration Well Using Polar Pioneer rig

Statoil has received consent to conduct exploration drilling of well 7220/8-1 using the mobile drilling facility Polar Pioneer.

The well will be located about 200 km from land NW of Ingøy in Finnmark and about 210 km SSE from Bear Island. The well has the following geographic coordinates:

* N 72 ° 29 ‘28.96 ”

* E 20 ° 20 ‘01.59 ”

The water depth at the site is 373 feet.

Drilling is planned to start in early September and will have a duration of approximately 36 days.

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Source: Ptil, July 29, 2010: