Maersk Oil makes discovery

As operator for DUC, Maersk Oil has encountered hydrocarbons in the Bo-3X exploration well on the Bo South prospect located approximately 5 kilometers south of the Valdemar - Bo field in the A.P. Moeller - Maersk Concession Area. The Bo-3X well was spudded on March 22, 2008 by the Energy Endeavour and was drilled to a total depth of 8,730 feet (2,660 meters).

Based on the data gathered in the Bo-3X well, studies will now be initiated to determine if the encountered hydrocarbons are commercial and if a possible development can be integrated with the ongoing development of the Valdemar - Bo Field.

Senior Vice President Anders Wurtzen said, we welcome the encountered hydrocarbons in the Bo-3X well and hope to have the commerciality confirmed. Drilling of the well was based on application of high-resolution 3D seismic data and innovative interpretation techniques.