Update on Johan Sverdrup appraisal well 16/2-17S

Det norske oljeselskap ASA, has as partner i PL 265 (20 percent), by core samples confirmed oil in appraisal well 16/2-17S (Fault Margin) 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.