Royal Dutch Shell

Royal Dutch Shell has retained IndigoPool to seek a farm-in partner to drill an exploration well to test the HPHT Gita prospect in licences 9/06 (Gita Block) and 9/95 (Maja Block) offshore Denmark at the northern end of the Tail End Graben, an extension of the HPHT Central North Sea Graben. Shell holds 36.8% equity in both licences. Partners include operator Maersk (with 31.2% equity) and Chevron (12%), along with Dong (20% in licence 9/95) and the Danish Offshore Fund (20% in licence 9/06). A rig has been secured to test the Gita prospect and is estimated to spud mid-2008. Bids are due April 28. Contact Les Finalle, 713-513-1513.