An oil gradient of 8.6 kpa/m (0.879 g/cc) is established from the pressure plot. The results of the pressure readings are listed and plotted below.

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1 3. FMT summary Two runs with the FMT tool was made in the interval m RKB. The first run was performed in the chalk and gave no results due to tight formation. The second FMT run in Oxfordian sandstone gave pressure readings out of attempts. One sample was taken at m MDRKB. The FMT sample contained a mixture of mudfiltrate and formation water with traces of hydrocarbons. It was not possible to separate the formation water from the mudfiltrate or to determine the composition of the oil. An oil gradient of 8. kpa/m (.89 g/cc) is established from the pressure plot. The results of the pressure readings are listed and plotted below. Depth m TVDRKB Formation pressure kpa Comments Very good permeability Very good permeability Very good permeability Low permeability Very good permeability Very good permeability Supercharge Good permeability Good permeability Low permeability Good permeability Good permeability Pressure readings from HP gauge.

2 3.3 Temperature data The table below shows extrapolated temperatures using temperature observations from the wireline logs. A seabed temperature of 'C is used. Reservoir temperature from the tests gave.5 "C. EXTRAPOLATED BOTTOM HOLE TEMPERATURES Logs Run Depth Method Extrapolated temp. * C DIFL-ACL-GR DIPLOG CDL-CNL-GR COREGUN H A A A HORNER () 95 DIFL-ACL-GR ZDL-CN-GR DIPLOG DLL-MLL-GR COREGUN B B B B 3 HORNER 8 () The Homer method is based on temperature observations from logging suites. The method depends on the circulation time and time since stop circulating. Depth m TVD 8 Temperature deg. C

3 3.5 Well testing Two tests were performed. Both tests produced oil with a bubble point of bar and a density of.8 g/cm3 at bubble point Test No.l PERFORATION INTERVAL: 9-93 m MD RKB ( m TVD MSL) RESERVOIR PROPERTIES (BEFORE BREAKTHROUGH): Initial reservoir pressure: 3533 kpa at 88 m TVD MSL Reservoir temperature: + deg.c (still increasing) Productivity index:. Sm3/d/kPa (. Sm3/d/bar) Permeability:.8 micro-m (8. md) Skin factor: - 3. (Based on gauge TQ, sensing depth: 8. m MD RKB.) A breakthrough, possibly through a fault, occured at the end of the cleanup, and this totally changed well productivity and also altered the flowing temperature. RESERVOIR PROPERTIES (AFTER BREAKTHROUGH): Estimated reservoir pressure: 39 kpa at 88 m TVD MSL Reservoir temperature:.5 deg.c Productivity index:.5 Sm3/d/kPa (.5 Sm3/d/bar) Ideal productivity index:. Sm3/d/kPa (. Sm3/d/bar) Permeability-thickness: 3.5 micro-m*m (35 md*m) Skin factor: + 5. (Based on gauga TQC, sensing depth: 8. m MD RKB.)

4 3.5. Test No. PERFORATION INTERVAL: m MD RKB (83-85 m TVD MSL) RESERVOIR PROPERTIES: Initial reservoir pressure: Reservoir temperature: Productivity index: Permeability: Skin factor: 38 kpa at 8 m TVD MSL.5 deg.c.3 Sm3/d/kPa (3. Sm3/d/bar).33 micro-m (35 md) -. (Based on gauge TQ, sensing depth: 8.9 m MD RKB.)

5 5/-slutt. Drilling Fluid Summary

6 3 " HOLE Details 3- casing at:. m 3" hole drilled from:. m to: 8. m Comments Prior to spudding, spud mud was made by prehydrating bentonite. This was used as sweeps on connection. The hole was displaced to bentonite spud mud prior to casing. Casing run and cemented pr. program.

7 " HOLE Details " casing at: " hole drilled from: to: 599. m. m 5. m Comments Due to possible shallow gas, the pilot-hole was drilled with seawater and hi-vis pills to 3 m, then from 3 to 5 m with CMC-seawater mud at. SG with return to the sea, and then with seawater pills to 5 m (TD). Pump-output was liter/min. when using. SG CMC-mud. By mixing with separate mixing-systems the necessary volumes were mixed without excessive fish-eyes. The pilot-hole was drilled to TD without problems. On hole-opening, seawater and CMC hivis pills were used.

8 / "HOLE Details 3 3/8" casing at: /" hole drilled from: to:. m 5. m 5. m Comments Prior to drilling the /" hole, m 3.5 SG gyp/pac polymer was prepared. The initial mixup was biocid-treated seawater, 3 kg/m 3 Propol Superlo and kg/m 3 Gypsum. Raised the ph to 9. using lime. All volumes were sheared three times with a 8 bars pressure drop. Drilled out cement, rathole and 3 m of new formation with seawater. Pumped a m 3 CMC hi-vis pill followed by seawater to clean the hole for cement. When the returns was clean, the hole was displaced to mud and a LOT eq. to.5 SG was performed. This section was drilled with a ROP 5 m/hr and a pumprate of 3.8 m 3 /min. The VMS shakers became totally overloaded of sticky cuttings and were functioning unsatisfactory throughout this section. All through utilizing coarse screens (/) and high pressure hoses in combination with scrapers, the mud losses was assumed to be up to 5% of pumped volume. This required very fast mixing of new mud. Mixing one sack of the PAC polymer Staflo Exlo each minute into the hopper gave no excessive fisheyes. The low mudweight also helped in the fast mixing to replace the lost volume. Started with mudweight.5 SG, increased to.5 SG at 355 m and weighted up to.3 SG when circulated at TD at 5 m. Periodically the shakers could handle flow, but heavy dilution was needed to reduce the build-up of solids/mbt due to the coarse shaker-screens.

9 When pulling out from TD, the hole had to be backreamed to shoe where the mud again was circulated clean. Lost 9 m 3 during these operations. The 3 3/8" casing hanger/landing string was made up before a wipertrip was performed. This time the hole and the mud was found to be in good condition. The casing was run without problems to m where it took weight and had to be pumped down to m. Circulated and cemented casing with no losses. The mud remaining behind the casing was treated with Zinkcarbonate to protect from hydrogen sulphide.

10 / "HOLE Details 9 5/8" casing at: /" hole drilled from: to: 3. m 5. m 5. m Comments The /" section was drilled with the same Gyp/PAC mud system used in /" section. Drilled out cement, rathole and 3 m of new formation. The mudweight was increased from.3 SG to. SG while drilling cement. Performed LOT eq. to.8 SG. Drilled from 8 m to the chalk formation with a ROP of to 3 m/hr and a pumprate of.8 m 3 /min. some dilution was needed to control MBT and Gels. The shakers performed well with screen sizes from 5 to mesh. A Mach II DTV was used for steering in the claystone. The chalk formation was drilled with lower ROP 3 m/hr down to 55 m. Bit trip was made and rotary drilled until MWD-tool was twisted off at 5 m. A cement plug was set from 55 to 5. The cement was drilled to kick-off point at 95 m, with continues Bicarbonate treatment. Approx. m 3 mud had to be dumped to reduce cement contamination and replaced with fresh gyp/polymer mud. At 95 m the mud weight was increased to.55 RD to reduce cavings. Drilling then continued through chalk to 55 m, TD for this section. The centrifuge was run continuously to control gels generated by fine drill solids. Premix was added to control mud properties. On pulling out after reaching TD, there were several tight spots. Several wiper trips were required before the logging program was completed. The 9 5/8" casing was run and cemented without any problems.

11 8 / " HOLE Details " liner at: 8 /" hole drilled from: to: 3. m 5. m 35. m Comments The cement and 9 5/8" casing shoe were drilled using the Gyp/polymer mud from the previous section. At 5 meters, the hole was displaced to SG Bentonite/Lignosulfonate mud. A FIT was performed to,9 SG EMW at meters. Drilling commenced with premixes containing Lignosulfonate, Caustic Lignite, and Miltemp being added to control mud properties. The MBT was raised from 3 kg/m 3 to 5 kg/m 3 to improve rheological properties. At 838 coring was started. A total of cores were cut to 9 meters. A bit was run to 98 meters where core # was cut to 988,5 meters. The hole was then drilled to TD at 35 meters. The mud system remained stable throughout the entire well. There were no problems with temperature degradation due to the fact that Miltemp was used to provide control of Theological properties and HTHP fluid loss. Prior to each test a Miltemp pill was spotted in the test sone during the testing phase. The pill consisted of the exsisting fluid with an increased concentration of Miltemp ( kg/m 3 ) to tolerate long periods of static conditions. The testing program was completed without problems, and the well plugged and abandoned.

12 For this section Caustic Soda was programmed to be used for ph control. However, it was discussed if possible to use a combination of Lime/Soda Ash to maintain ph. Laboratory tests showed that Lime/Soda Ash in a /. ratio would provide necessary ph control. Lime and Soda Ash were used in the above ratio for this section and ph was maintained at specifications without problems during drilling and testing operations.

13 TOTAL MATERIALS Well: #5/- Operator: From/to: Statoil, m 35, m Quantity: Material: Units: Unit Price: Total Cost NOK: Bentonite Caustic Soda Prodefoamer Barite Prothin Prolignite Caus. CMCHV Soda Ash Bicarbonate Sod. Propol SL Propol reg Probio II Gypsum Milgard Lime Miltemp Proplug F mt 5 I ton 5 Ib 5 I kg kg 5 Ib 5,,, 53,,, 3,,,,,,, 5,5 85, 3, 5, 8 5,, 9, 9, 9, 9, 9,, 5, 85, 98, 3, 5 8, 5,5 5,, 9, VOLUME m3, Total Cost for Well: Cost per meter: 8,5, Drilling days: Cost per m3: 59,9 Page

14 Volume summary MUD VOLUME SUMMARY WELL: RIG: #5/- Deep Sea Bergen OPERATOR: Statoil Section: 3" " /" /" 8 /" Hole from [m] Hole to [m] Hole length [m] Mud Type Vol buildt 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] 8 Bentonite , 8 5 CMC 9, 5 5 Gyp/polymer , 5, 5 5 Gyp/polymer , 83, Gel/Ligno. 8 left in hole 8,, 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, 353,. 55, 95, 8,, 53, total buildt total dumped total left In hole 398 Page

15 lata: to C C to *roi>erlv: Inll: >»lh: < 9 8 8< B( 8 9S ( C < 89tl DAILY ORIII» *d ^entity '8,,,..,5,.,,,5,.5,,5,5,,5,,,a,,8,8,,,,,, t t.3.3 J iq MUO PROPCRVFS Funnel Vlscotllv tec/ql S9 9 8 to to Elastic Vltcotlly cp 5 < ( 8 85 < IS t 8( 8< 8 < Yield Potn Pa,(,,.(,,.. 8,,<..5.,<,(,..! ZJ,,(. 9, t< ( * c ael Pa to mln gel Pa It PH 9, 9, 9.. 8,.., 9.S a ,,9 «8..8,..9.., , _»j 9. 9.) 9, 9.,,, ',,,,,,,,,,,,, API Filtrata ml/3 mln 5,, , 3, B ,., 5..,,.9.9,9.9,a,,8...,...,,, 3.9.,.... HTHP Filtrate ml/3 mln Chloride Content In pom OO 3 C OO 33C O OC J MudlPm) m, J '. O.i..3.,..',.,..!.!,!.5 r( , 8 5, Alkalinity Filtrate (PI) ml,5,5 '....,5.85..,, o.s..8, i.e..» Alkalinity Flltraie (Mil ml,,,,,,,..,,...,....,.,..,,.,,,.., Caldum In ma/i Sand Content X vol..., ,5,5,,, , Solid! Content corr xvol 8,, 9.,,, 5..,, 8. 9J 9. 9, 9, ,,,... 3,,,8..,. 8..,,,,,,,, , , 3, , Water Content corr x vol 9, 9, ,, 5, C.. ai.o ai.c ai.t ai.t , , , E ice it Gyp kg/ T3,5.5,,,,,, 5,,,,, O,,,,,,,,,,,. Menylene Blue Cnp» kg/m3,,. 5,,,,,,,t,,. 5. 3,t 3, ,, ,, t 3, 5,. 5,,..,,.., 5,...,,,.. 5, 5, 5. 5 Page

16 DULY OftLL> to UUO PR VfRJICS D«l«: P* ^' Unit: Depth: Dentlly Viicotlty Sec/qt Vlicotlty cp "*" "*" Pa Pi Pa Filtrate Filtf at* Content In MUd ' Pm ml/3 mln ml/3 mln pom m Filtrate (Pfi m Filtrat* (Mil m Content Content Content mg/l % vol ccri Xvol corr X vol Gvt> 3tue Capa> kg'm3 hg/m IS ( SO 5 SO ss J 3 3 J,,5,,5,5,5,,8,8.,,....,.. S ,.. s i,a<.8.(,.. 8 S 3. 3 J> 3, , ,,.,., ,,,. ( Pno.

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