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Aker BP

Regulatory Filings Aug 29, 2014

3528_iss_2014-08-29_fc4a127d-d694-4ab6-8c92-6e06163d7c9b.html

Regulatory Filings

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Dry well on Heimdalshø

Dry well on Heimdalshø

Det norske oljeselskap ASA, as operator of production license 494, has

completed the drilling of wildcat well 2/9-5S. The well was drilled

about 30 km east of the Valhall field on the Heimdalshø prospect.

2/9-5S was the first well to test a new play concept in the Mandal High

area, where Johan Sverdrup and Utsira High is the analogue.

The purpose of the well was to prove petroleum in Upper Jurassic

reservoir rocks and secondary to prove sandstones with hydrocarbons in

the pre-Jurassic rocks.

The well encountered a few thin sandstones with reservoir quality in the

main target and only few and thin sandstones in the secondary target. No

traces of hydrocarbons were proven.

2/9-5S is the first exploration well in production license 494, awarded

in the APA 2008. The well was drilled to a vertical depth of 3,525.5

meters below sea level (3,587 meters MD RKB) and was completed in rocks

expected to be of Permian age. The water depth is 65 meters. The well

will now be permanently plugged and abandoned.

Well 2/9-5S was drilled by the drilling rig Maersk Giant, which will now

go to the Yme field operated by Talisman.

Det norske oljeselskap ASA is the operator of the license with a 30

percent working interest. Other partners are Dana Petroleum with 24

percent, Fortis Petroleum with 16 percent, Spike Exploration with 15

percent and Tullow Oil with 15 percent.

For more information, please contact:

Press contact: Torgeir Anda, VP Communication, tel.: + 47 991 12 203

Investor contact: Jonas Gamre, Investor Relations Manager, tel.: +47 971

18 292

About Det norske:

Det norske is a fully-fledged E&P company with exploration, development

and production activities on the Norwegian Continental Shelf. We are

building one of Europe's largest independent E&P companies.

Det norske is the operator for the Ivar Aasen field development, and is

partner in the Johan Sverdrup field. The company has an ambitious

strategy for continued growth, and has recently entered into an

agreement to acquire Marathon Oil in Norway *. This acquisition will

result in considerable production growth for the company. At the same

time, Det norske continues its active exploration programme on the

Norwegian shelf.

Det norske is listed on Oslo Børs (DETNOR). Det norske's headquarters

are located in Trondheim, with branch offices in Oslo and Harstad.

Following the acquisition of Marathon in Norway, we will also have a

Stavanger office. More about Det norske at www.detnor.no/en/.

This information is subject to disclosure requirements pursuant to

section 5-12 of the Norwegian Securities Trading Act.

* Subject to approval by the authorities.

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