The contract with the Makassar Strait Explorers Consortium starts late next year, with the exact start date dependent on the drillship's current contract.

StatoilHydro will operate three exploration at in Karama that the GSF Explorer will drill during the contract period. StatoilHydro owns a 51% stake in the wells, with Indonesia's state-run player Pertamina holding the remainder.

The Makassar Strait Explorers Consortium comprises Marathon, Anadarko, ConocoPhillips, Eni, StatoilHydro and Talisman.

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