Ill 10. DRILLING auid SUMMERY

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Ill 1. DRILLING auid SUMMERY

CASING INTERVAL Well: Casing: Bit: 657/31 3" 36" Operator: Statoil 392, m 392, m 453, m 456, m Quantity: Material: Units: Unit Price: Total Cost NOK: 9 Wyoming Benite 1 Caustic Soda 2 Soda Ash 2, 85, 12, 18, 85, 24, VOLUME m3 48, Total Cost for Interval: Cost per meter 18 325, 286,33 Days: Cost per m3: 381,77 Page 1

CASING INTERVAL Well: Casing: Bit: 657/31 2" 26" Operator: Statoil 392, m 456, m 881, m 9, m Quantity: Material: Units: Unit Price: Total Cost NOK: 87 387 Barite CMCHV 7, 29, 6 9, 112 23, VOLUME m3 1 1, TotafCost for Interval: Cost per meter 173 13, 389,93 Days: 4 Cost per m3: 171,42 Page 1

CASING INTERVAL Well: Casing: Bit: 657/31 13 3/8" 171/2" Operator: Statoil 392, m 9, m 1846, m 186, m Quantity: Material: Units: Unit Price: Total Cost NOK: 199 Barite 224 Propol SL 84 Propol Reg 148 Gypsum 19 Caustic Soda 14 Probioll 4 kg 25 I 7, 56, 56, 55, 85, 485, 139 3, 113 344, 42 54, 8 14, 1 615, 6 79, VOLUME m3 725, Total Cost for Interval: Cost per meter 311 693, 324,68 Days: Cost per m3: 429,92 Page 1

CASING INTERVAL Well: Casing: Bit: 657/31 9 5/8" 12 1/4" Operator: Statoil 392, m 186, m 3168, 3183, m m Quantity: Material: Units: Unit Price: Total Cost NOK: 1146 516 255 51 24 57 33 4 46 Barite Propol SL Gypsum Caustic Soda Probio II Sodium Bicarbonate Lime Propol reg. Wyoming Benite 4 kg 25 I 25kg 7, 56, 55, 85. 485, 8, 43, 75 56, 76, 82 2, 261 96, 14 25, 4 335, 11 64, 4 56, 1 443,75 2 24, 3 496, VOLUME m3 1 163, Total Cost for Interval: Cost per meter 1 123 35,75 848,86 Days: 19 Cost per m3: 965,64 Page 1

CASING INTERVAL Well: Casing: Bit: 657/31 7" Liner 81/2" Operator : Statoil 392, m 3183, m 3953, m 3974, m Quantity: Material: Units: Unit Price: Total Cost NOK: 1136 289 286 218 633 213 43 34 5 1 2 23 197 8 237 8 34 259 129 5 6 17 Barite Lignite Caustic Prothin Caustic Soda Proseal Miltemp Benite Wyom. Prodefoam Proplug F Soda Ash Gypsum Prothin C Imcospot Pipelax Propol SL Propol reg Probio II Kemseal Sodium Bicarbonate Lime Diaseal M Benite 5 Ib 25 I 4 kg 5 Ib 2 I 25 I 5 Ib 4 Ib 7, 1, 9, 85, 415, 2 36, 2, 768, 12, 12, 55, 9, 58, 8 25, 56, 56, 485, 2 4, 8, 43,75 448,64 6, 795 2, 28 9, 25 74, 18 53, 262 695, 52 68, 86, 26 112, 6, 12, 11, 2 7, 114 26, 66, 119 922, 4 48, 16 49, 621 6, 1 32, 218,75 2 691,84 1 2, VOLUME m3 Total Cost for Interval: 1 646, 2 723 957,59 Cost per meter 3 443,69 Days: 52 Cost per m3: 1 654,9 Page 1

CASING INTERVAL Well: Casing: Bit: 657/31 6" Operator: Statoil 3974, m 4757, m Quantity: Material: Units: Unit Price: Total Cost NOK: 268 169 171 34 147 158 9 19 46 29 Barite Propol SL Kemseal Caustic Soda Proseal Miltemp Benite Wyom. Prodefoam Sodium Bicarbonate Probio II 51b 51b 251 251 7, 56, 2 4, 85, 415, 2 36, 2, 768, 8, 485, 187 6, 85 514, 41 4, 2 89, 61 5, 372 88, 18, 14 592, 3 68, 14 65, VOLUME m3 536, Total Cost for Interval: 1 17 626, Cost per meter 1 495,5 Days: 34 Cost per m3: 2 184, Page 1

CASING INTERVAL Well: Casing: Bit: 657/31 Testing Operator: Statoil Quantity: Material: Units: Unit Price: Total Cost NOK: 375 9 5 24 33 22 29 6 95 1 16 35 3 Barite Propol reg Kemseal Prothin Benite Miltemp Benite Wyom. Prodefoam Sodium Bicarbonate Probio II Caustic Sodsi Nutplug C/F Zinc Carbonate 5 1b 51b 251 251 7, 56, 2 4, 9, 76, 2 36, 2, 768, 8, 485, 85, 12, 425, 262 5, 4 554, 12, 2 16, 2 58, 51 92, 58, 4 68, 7 6, 4 85, 1 36, 4 2, 1 275, VOLUME m3 149, i Total Cost for Interval: 417 535, Cost per meter Days: 47 Cost per m3: 2 82,25 Page 1

Volume summary MUD VOLUME SUMMARY WELL: RIG: 657/31 Ross Rig OPERATOR: Statoil Section: 36" 26" 17 1/2" 121/4" 8 1/2" 6" Testing Hole from [m] Hole to [m] Hole length [m] Mud Type Vol buildt Vol transfered from external Vol transfered to external Vol behind casing [m3] Vol dumped Vol lost to formation Vol lost on solids equipment Vol transferred to next interval Vol cuttings drilled [cub. m] 392 456 64 Benite 48 12 134 34, 42, 456 9 444 CMC 11 97 74, 152, 9 186 96 Gyp/polymer 725 23 251 157 368. 149, 186 3183 1323 Gyp/polymer 1163 17 798 83 249 294, 11. 3183 3974 3974 4757 791 783 Gel/Ligno. Kemseal/Pac/Miltemp 1646 536 135 351 12 35 121 588. 652 29, 14,3 149 145 276 Squeezed/left in hole 25 27 13 TOTALS mud buildt mud dumped mud lost to formation mud lost on solids cont. mud behind csg mud left in hole total mud left in hole total vol cuttings drilled 5277, 3789, 122, 935, 13, 276. 46, 487,3 total buildt total dumped total left In hole 5277 4724 528 Page 1

4.2 Repeat Formation Testing A total of 3 RFT run were performed in the well. All RFT runs were done before the well was sidetracked. A total of 42 pressure measurements were attempted during the RFT logging. 7 pressure points indicated good/very good permeability, 2 points demonstrated fair/low permeability and 2 points poor permeability. Seal failure/supercharge occurred in 8 attempts while 3 measurements showed a tight formation. In as many as 19 attempts the tool was not able to get any seal to the formation. The only sampling obtained was in RFT run 3c in the Gam formation at 361 m RKB. The 2 3/4 gallon chamber was emptied offshore, containing gas and some condensate. The 1 gallon chamber was sent onshore for laboratory analysis, but was lost during transfer in the laboratory.

Data from 2 3/4 gallon chamber: Fill up time Opening pressure Recovery Density mudfiltrate Density condensate Amount CO2 Amount H2S : 18 minutes : 145 bar. : 2.5 m3 gas and 1.69 litres of condensate/ mudfiltrate. : 1. g/cm3 :.79 g/cm3 :.5 % : none Approximately gas composition: Cl : 84.7 % C2 : 9.3 % C3 : 4.3 % IC4:.7 % NC4: 1. % Opening pressure 1 gallon chamber 145 bar. Fill up time: Recovery: 32 min Lost in laboratory.

4.3.4 DST NO. 2 Objectives: Confirm movable hydrocarbons. Receive good reservoir samples for analyses. Pressure and temperature measurements. Determine permeability and productivity of the perforated interval. Perforation interval: 369 3724 m RKB. The test was performed by using of the following test string: 3.5" tubing in a 7" liner Downhole tester valve 4 pressure gauges in gauge carriers Tubing conveyed perforation, 12 shot/foot Test performance The well was perforated underbalance using drillwater as cushion with a differential pressure of approximately 1 kpa. The well was perforated with the choke manifold open on a 25.4 mm choke to surge tank. There was little response of flow. After 7 hours and 21 minutes the well was shutin. The cumulative production was measured to approximately 55 litres. One buildup period was performed before the well was opened to run bottom hole samplers. Three bottom hole samplers were run.

The bottom hole sampling was done with three PSTE sampler types at three different depths. The depths were 3636.6, 3639.1 and 3641.6 m RKB. The bottom hole pressure and temperature during sampling were 36379.4 kpa and 131. Deg.C. Some oil and gas was trapped between the LPRN and the APRM valves.

Analysis of the gas samples from Statoil: ompcment N2 C2 Cl C2 C3 IC4 NC4 IC5 NC5 SUM SUM SUM SUM SUM TOTAL C6/NC6 C7/NC7 C8/NC8 C9/NC9 C1+ PSTE TS1912 54.64 2.42 6.81 4.7 3.32 2.9.92 2.14/.27 2.91/.9 1.41/.5.5 1.22 PSTE TS212 8.41 4.8 57.66 12.1 8.9 1.59 2.82.95 1..95/.37 1.1/.12.54/.3.5/.4.4 99.88 TS212: MW = 21.182 g/mol and a density of.731 (Air=1.). Analyses of the oil and the gas trapped between the LPRN and the APRM valves from Schlumberger: Component N2 C2 Cl C2 C3 IC4 NC4 IC5 NC5 C6 C7+ Total Oil.5.63..33 1.73 1.43.57 95.26 1. Gas 4. 1.52 75.21 1.5 6. 1.68 1.93...12.8 1.59 The oil was heated to 5 Deg. C. Density Viscosity Avg. molar mass oil.858 g/cc at 3 Deg.C 795 cp at 4 Deg.C 278.4 g/mol gås.74 (air=l.) 21.4 g/mol

4.3.5 DST NO. 3 Objectives: Receive good reservoir samples for analyses. Pressure and temperature measurements. Determine permeability and productivity of the perforated interval. Perforation interval: 3611 3636 m RKB. The test was performed by using of the following test string: 3.5" tubing in a 7" liner Downhole tester valve 4 pressure gauges in gauge carriers Tubing conveyed perforation, 12 shot/foot Test performance The well was perforated underbalance using drillwater as cushion with a differential pressure of approximately 1 kpa. The following flow and shutin periods were performed: Cleanup flow Cleanup buildup Main flow Main buildup Multirate flow Multirate buildup 378 min. 575 min. 816 min. 1247 min. 364 min. 722 min. Figure 4.3.1 shows the test performance. Three out of four gauges performed well during the test.

TIME hh:mm WELL PRESS Bar Clean uo f] Low W' Lth 12 7 mm 14:3 295. 44..783 15: 16: 17: 18: 295.5 296.5 296.5 292.4 End clean UT? flo^j 11.1.9 3:3 Main jflow period 7:3 9: 11: 14: 16: 17: 129.5 236. 24. 241.2 22.5 221.5 221. HEAD TEMP DegC 46. 49. 53. 54. 7. 62. 67. 71. 73. 74.5 74.5 CONDENSATE RATE Sm3 181.4 196.4 169.4 186.7 GRAV. g/cc.799.799.83.86 with ] L9.5 Ipm (48/64") 31.6 282.3 277. 293.2 276.7 29. End main flow period 18: 23:3 12.1 13:55.792.795.798.83.82 Multi] rate f] Low period with 12.7 mip 'f32/64") Choke 15: 15:45 Multi] rate f] Low period with 19.5 ipm (48i'64"Y 17:15 17:45 Multiiate f] Low period with 25.4 miti (64/64") choke 19: 19:3 2:15 13.1 358. 352.5 9 349. 292. 298.5 218.5 219.5 149.5 15. Close 9 8: 349. End Dih? NO. 36. 51. 69.5 71. 74. 75. 24. 193.4 281.7 282.7 37.8 38.4.794.799.799.88 chole manii r old. I 3.799.829 RATE Sm3* 1 GAS 12/6; I") fixed clloke 575 593 591 59 588 811 864 763 913 915 95 627 613 962 88 176 176 JPRN GRAV. air=l.71.71.71.715.715.75.72.71.715.714.715.71.715.723.721.724.72 GOR Sm3/ Sm3 338 311 3483 3152 choke 2689 362 2752 3112 339 312 36 317 3288 3112 3496 3489 not c] Losed H2S ppm 5.5 5.5 5. 4.6 3.8 3.9 1 choke 6. 5. CO 2 % 4.5 3.2 3. 1.4 4. 3.6 2.6 3. 2.3

Test analysis Data from the Hallibur gauge no. 1119 is used in the test analyses. The test analyses are performed on the build up periods from the Cleanup flow, Main flow and the Multirate flow periods. The test is evaluated as a gas test. The semilog data is reached. Gauge 1119 sensing depth: 3568.11 m RKB Analyses Pressure P (kpa) Perm, k (md) Skin S Buildup Period Gauge P* Reservoir P Homer Homer Homer 4724 46966 46982 47459 * 474 * 47417 * 96.4 92.3 9.1 3.88 4.14 2.26 Cleanup Main Multirate * Reservoir pressure P is calculated to mid perforations with a fluid density of.8 g/cc. Figure 4.3.2 shows the rate history used in the analyses. Figure 4.3.3, 4.3.4 and 4.3.5 shows the LogLog Buildup, Homer Buildup and the Hor ner Analysis plot. The results from the Cleanup shut in period give the best results because the LPRN tester valve failed during the Main and the Multirate shut in periods.