The first sidetrack tested at a constrained rate of 7,700 bopd of 42 degree API crude oil.

Marubeni has a 41.03% working interest in the Shaw discovery with Talisman Energy holding the remaining 58.97%. Marubeni and Talisman Energy have now drilled three prospects, Cayley, Godwin and Shaw, in the Montrose/Arbroath area, and successfully discovered oil and gas in all three. Marubeni and Talisman Energy are currently evaluating development options for these discoveries.

The successful results from the Montrose/Arbroath area exploration campaign will provide impetus for Marubeni’s future growth in the UK North Sea.