Viking Graben
1 September 2013

Oil discovery on the Contender (Cormorant East) prospect; fault block structure down-thrown along the north-east flank
of the North Cormorant (Block IV) Field. Well deviated NE from North Cormorant platform and encountered at least 65 ft of net oil sand in a massive Tarbert Sandstone from 10,893-11,015 ft TVDSS. Estimated oil in place is 10-30 mmbbl.