-Statoil was awarded operatorship of parts of licences 8/15 and 9/11D, close to the Statoil-operated Mariner heavy oil discovery, and six licences in blocks 212 and 213 near the Faroe border.

-"The North Sea blocks 8/15 and 9/11D will capture any north westerly extension of our Mariner oil discovery which Statoil is presently evaluating for development," says Tim Dodson, vice president for global exploration.

-"The other blocks will further strengthen our position in the area between Statoil's licences in the Faroes and the Rosebank field in
UK waters, where Statoil is a partner in the Chevron operated field."

-The requirement for the acreage near Mariner are 2D seismic survey and evaluation prior to a drill or drop decision, while for the Faroes/Rosebank blocks a drill or drop decision has do be made after reprocessing of existing 2D seismic.