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1 Guyana

Exxon Mobil is underway at exploration well #1-Bulletwood in the Canje Block offshore Guyana. According to the company, Bulletwood is a 500-MMbbl oil prospect of Late Cretaceous Campanian age and is comparable to Exxon Mobil's Liza Field channel complex in the Stabroek Block. The well will evaluate Upper Cretaceous prospects in the Liza play fairway with some possible deeper reservoir targets. The Canje Block will be the first block offshore to test prospects on the basin floor, which have the potential to contain larger accumulations of recoverable hydrocarbons. Exxon Mobil is the operator and holds a 35% interest with partners with Total (35%), Mid-Atlantic Oil & Gas (12.5%) and Westwood Energy (7.2%).

2 Norway

Chrysaor Norge has been granted a drilling permit to drill wildcat well #15/12-25 in PL 973. The area in this license is part of Block 15/12, which is about 7 km northwest of Rev Field. Chrysaor Norge is the operator with an ownership interest of 50%, along with partners OKEA (30%) and Petoro (20%). This will be the first exploration well to be drilled in the license.