Maersk Oil Reports Results of Ebba-1X Exploration Well in Denmark

Wednesday, January 23, 2008

The Maersk Oil operated Ebba-1X exploration well in Danish North Sea Licence 8/06 Luke was spudded on 17 December 2007 and has been drilled to a total depth of 9765 feet Measured Depth. The well will now be plugged and abandoned.

Comment:
“The Ebba-1X exploration well applied the most modern seismic data and methods but unfortunately did not encounter oil or gas. Exploration in Denmark has a relatively low chance of success but we plan another Danish exploration well later in 2008, this time in the Gita area.”

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