Dry well on Augunshaug

Det norske oljeselskap ASA is about to complete the drilling operations in wildcat well 2/1-15, on the Augunshaug Prospect. Augunshaug is located in the North Sea, east of the Gyda Field. The well encountered sand of Jurassic age, but without hydrocarbons. Det norske oljeselskap ASA has completed the drilling operations and the well will now be permanently plugged and abandoned.  

Det norske is operator of PL 542 and has an ownership of 60 per cent. License partner is Tullow Oil Norway AS (40 per cent).

Contact:

Knut Evensen, VP Investor Relations, tel.: +47 950 77 622

About Det norske:
Det norske oljeselskap ASA (DETNOR) is an active exploration company on the Norwegian Continental Shelf. Det norske’s headquarters is in Trondheim. The company also has offices in Oslo and Harstad.

Det norske is listed on the Oslo Stock Exchange with the ticker "DETNOR".

More about Det norske at www.detnor.no/en