StatoilHydro noted that Natalia is located five kilometers northwest of the Midgard structure on the Asgard field on the Halten Bank and adds to the many finds in this area.

Exploration activities in the area have reportedly given good results, such as the Natalia, Gamma and Marulk finds. Positive results at Gamma and Natalia are being counted as important contributions towards evaluating the potential of equivalent structures in the area.

In connection with the development of the Natalia prospect, the possibility of tying the gas volumes to the Asgard field will be considered, according to the company.

Drilling on the Natalia prospect has been carried out by the West Alpha semi-submersible drilling rig. The well will be plugged and abandoned and the rig will continue to the StatoilHydro-operated licence 348 in the Norwegian Sea to drill a new exploration well.