Natural Resources
March 7, 2007

The following is being distributed at the request of the Canada-Newfoundland and Labrador Offshore Petroleum Board:

Weekly Public Status Report
Oil and Gas Activities Offshore Newfoundland and Labrador
Issued as of: March 05, 2007
(Also available on the Internet � //www.cnlopb.nl.ca)

HIBERNIA DRILLING PROGRAM
Well/Location
(Unique Well Identifier)
Installation Spud Date Current Depth
(Projected Total Depth)

Current Status

HMDC Hibernia B-16-51
46�45�02.197"N
48�46�54.612"W
Licence: PL 1001
(351B164650048450)
Hibernia Platform M72 (West Rig)

March 13, 2005

2,303m
(5,861m)

No rig activity due to scheduled platform shut-down.
HMDC Hibernia B-16 59
46�45�01.370"N
48�46�53.737W
Licence: PL 1001
(359B164650048450)
Hibernia Platform

M71 (East Rig)

August 8, 2006

5,930m (5,930m)

No rig activity due to scheduled platform shutdown.
TERRA NOVA DRILLING PROGRAM
Well/Location
(Unique Well Identifier
Installation

Spud Date

Current Depth (Projected Total Depth)

Current Status
Petro-Canada et al Terra Nova L-98 6
46�27�41.923N
48�29�50.362W
Licence: PL 1002
(306L984630048150)
Henry Goodrich

Preparing to re-enter well

4,030m

(4,244m)

Preparing to re-enter well for plug and abandon prior to sidetracking to a new location.
WHITE ROSE DRILLING PROGRAM
Well/Location (NAD83)
(Unique Well Identifier)
Installation Spud Date Current Depth
(Projected Total Depth)
Current Status
Husky Oil et al White Rose
E-18 8
46�47�21.850"N
48�02�36.271"W
Licence: PL 1006
(308E184650048000)
GSF Grand Banks March 3, 2007

231m
(5,538M)

Preparing to run 762mm conductor casing.
Husky Oil et al White Rose
E-18 7
46�47�22.462"N
48�02�37.782"W
Licence: PL 1006
(307E184650048000)
GSF Grand Banks December 10, 2006

5,034m
(5,034m)

Rig skidded to E-18 8 on March 02, 2007.
Husky Oil et al White Rose
B-07 7
46 46' 13.49" N
48 00' 38.61" W
Licence: PL 1006
(307B074650048000)
GSF Grand Banks October 12, 2003

231 m

914 mm hole drilled, 762 mm conductor casing set and cemented on October 13, 2006 � to be re-entered at a later date
Husky Oil et al White Rose
J-22 2
46� 51� 39.62" N
48� 03� 39.93" W
Licence: PL 1006
(302J224700048000)
GSF Grand Banks April 24, 2004

1,215 m

406 mm hole selection drilled, 340 mm casing set and cemented on April 28, 2004 � to be re-entered at a later date.
Note: The above status includes wells that are currently in the drilling or completion phase. Additional information on the status of various development wells for the Hibernia, Terra Nova and White Rose projects is available from the C-NLOPB�s web site under RESOURCE INFORMATION. Click on Development wells (White Rose Field) for additional information on the status of White Rose development wells that have been completed.
EXPLORATION DRILLING PROGRAM
Well/Location (NAD83)
(Unique well identifier)

Installation

Spud Date

Current Status

Chevron et al Great Barasway - F-66
49�25�25.597"N
48�09�51.831"W
Licence: EL 1076
(300F664930048000)

Eirik Raude

August 18, 2006

Rig anchored in Marystown, NL.

Contact: Canada-Newfoundland and Labrador Offshore Petroleum Board, 709-778-1400.

_______________________________________

Glossary of Petroleum Terminology

BOP/BOP Stack: Blowout preventers/blowout preventer stack - an assembly of heavy-duty valves attached to the wellhead to control well pressure and prevent a blowout.
Casing: Steel pipe set in a well to prevent the hole from sloughing or caving and to enable formations to be isolated (there may be several strings of casing in a well, one inside the other).
Cementing: Pumping a liquid slurry of cement, water and other additives behind a string of casing to isolate formations.
Completion/

Completed:

The activities necessary to prepare a well for the production of oil or gas or the injection of water or gas into the reservoir.
Fish: An object lost (or stuck) in the wellbore obstructing operations.
Fishing: Operations to recover fish.
Injecting: Injecting water or gas into the reservoir for the purpose of maintaining reservoir pressure, maximizing oil recovery and conserving resources.
Liner: A length of casing suspended from the base of a previously installed casing string (a liner does not extend back to the surface of the well).
Logging: Acquisition of downhole data using tools run in the well, usually on wireline.
Perforate/

Perforating:

Piercing the casing and cement using shaped explosive charges to provide a flow path for formation fluids.
Producing/

Production:

Flowing oil and/or gas from a well to the production systems.
Production Tree: An arrangement of heavy-duty valves and fittings installed on the wellhead to control flow from the well and/or to facilitate injection operations.
Reaming: An operation to restore a wellbore to its original diameter (occasionally, a wellbore will cave in).
Seismic kilometres: The total number of kilometres of data recorded in a geophysical program.
Shut-in: A well in which the valves in the production tree have been closed to cease production or injection operation on a well.
Sidetracking: The operation of deviating a well around a fish.
Spud: The initial penetration of the ground or sea floor - the start of the drilling operation.
Suspension/

Suspend:

The temporary cessation of drilling or production operations in a well.
Well Workover: A program of work performed on an existing well.
Wellbore: The hole drilled by the drill bit.
Wellhead: Steel equipment installed at the surface of the well containing an assembly of heavy duty hangars and seals (the wellhead is used to support the weight of casing strings hung it and to contain well pressure).

2007 03 07                                      11:30 a.m.


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