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To: Ed Ajootian who wrote (101055)5/17/2008 11:16:09 PM
From: Madharry  Read Replies (3) | Respond to of 206330
 
i wonder if you checked out the stratic energy presentation at tristone. I thought it was polished and very positive.



To: Ed Ajootian who wrote (101055)5/21/2008 3:20:07 AM
From: Cy B  Read Replies (1) | Respond to of 206330
 
Endeavour Announces Gas Discovery in Norwegian North Sea

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PRNewswire
02:30 a.m. 05/21/2008


HOUSTON, May 21, 2008 /PRNewswire-FirstCall via COMTEX/ -- Endeavour International Corporation (END) today announced that the 6407/8-4S exploration well has discovered natural gas in the Jurassic Garn formation at the Galtvort prospect on production license 348 in the Norwegian North Sea. Comprehensive data collection and sampling were conducted. The Galtvort 6407/8-4S well was drilled to a vertical depth of 2,632 meters subsea (8,635 feet) in a water depth of 266 meters (873 feet).

The 6407/8-4A appraisal sidetrack well will be drilled immediately after the discovery well is finished and will target the Jurassic Garn and Ile formations in an up dip location approximately half a kilometer (2,000 feet) to the northeast of the bottom hole location of the discovery well.

"The positive results from the first exploration well drilled as part of our 2008 drilling campaign are very encouraging," said William L. Transier, chairman, chief executive officer and president. "Endeavour will participate in the drilling of four wells in the Norwegian Continental Shelf and eight wells overall in the North Sea during 2008, reflecting our increased activity level and continued focus in the area."

The Galtvort discovery is approximately 28 kilometers (17 miles) northeast of the Njord field and is the first exploration test on the license awarded in 2004. Endeavour Energy Norge AS holds a 7.5 percent working interest in the license in which StatoilHydro serves as operator.



To: Ed Ajootian who wrote (101055)5/21/2008 3:26:31 AM
From: Cy B  Respond to of 206330
 
DJ StatoilHydro Makes Gas Find In Norwegian Sea

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Dow Jones Real-Time News for InvestorsSM
03:02 a.m. 05/21/2008



Edited Press Release


STOCKHOLM (Dow Jones)--StatoilHydro Petroleum, operator of production licence 348, said Wednesday it is in the process of completing the drilling of wildcat well 6407/8-4 S. The well proved gas in sandstone from the middle Jurassic.

The well is located 30 kilometres north-east of the Njord field and 9 kilometres northwest of the Draugen field in the Norwegian Sea.

The purpose of the well was to prove petroleum in the middle to lower Jurassic reservoir rock in the southern segment of a prospect called Galtvort.

The size of the discovery has not yet been clarified. A sidestep well will be drilled in the northern segment immediately following the completion of the discovery well.

The well has not been formation tested, but comprehensive data acquisition and sampling have been carried out in the reservoir.

The well is the first exploration well in production licence 348, awarded in APA 2004. The well was drilled to a vertical depth of 2632 metres below sea level and terminated in rock of the lower Jurassic age in the Aare formation.

The sea depth at the well's location is 266 metres. The well will now be permanently plugged and abandoned. Well 6407/8-4 S was drilled by the drilling facility West Alpha which will proceed to the drilling of sidestep well 6407/8-4 A in the northern segment of this prospect.