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Statoil and ExxonMobil to drill more wells

Posted: 29 August 2005
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In addition to the existing Gulf of Mexico deepwater portfolio, Statoil has entered into exploration arrangements with ExxonMobil.

Statoil and ExxonMobil, together with partners, plan to drill one or more exploration wells in Alaminos Canyon.

Separately Statoil and ExxonMobil are jointly evaluating exploration acreage in Walker Ridge , on trend with the Jack and St Malo discoveries in which Statoil already holds equity interests.



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