Update on Kvitsøy Basin appraisal well in PL 265 (Johan Sverdrup)

Det norske oljeselskap ASA, has as partner i PL 265 (20 percent), by core samples confirmed oil in appraisal well 16/2-15, that is being drilled in the Kvitsøy Basin area, which is part of the Johan Sverdrup field. Drilling operations in the reservoir section is in an initial phase. Final results are thus not yet available. Statoil is the operator for PL 265.

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

About Det norske:
Det norske oljeselskap ASA (DETNOR) specialize in extracting petroleum resources on the Norwegian Continental Shelf (NCS). We are an ambitious company with significant exploration activity. Recently we have taken part in some major discoveries, Johan Sverdrup being the single most important. We now face several development projects, among them Jette as operator, and Ivar Aasen.

Det norske has its headquarter located in Trondheim, and offices in Oslo and Harstad. As of today we are more than 200 employees. Det norske is listed on the Oslo Stock Exchange with the ticker “DETNOR”.

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