Rigs: News for Oil & Gas and Hydrocarbon Industries  Membership Services »
Gulf Oil and Gas grow your business
Home News Events Projects Tenders Unconventionals Community | My Account Gulfoilandgas rss feed Follow us on Facebook  Jobs 
Products and vendors Services and providers Oil & Gas Software and publications

AOC Awards Rig Contract to Sakson Drilling

Source: www.gulfoilandgas.com 8/17/2011, Location: Africa

Share |

Africa Oil Corp is pleased to provide an update on drilling operations related to the two-well exploration program in the Dharoor Valley Block, located in Puntland (Somalia). Drilling locations have been selected over two robust prospects targeting gross best estimated prospective resources of over 300 million barrels each, based on internal estimates. A contract has been awarded to Sakson Drilling and Oil Services who will provide a 1,500 horse-power, top drive equipped rig. The majority of the drilling-related third party service contracts have been entered into and all outstanding service contracts are expected to be completed before the end of August.

The Company is actively engaged in sourcing drilling related materials and early stage logistics including drill site and ingress route construction. A contract has been signed with a water well drilling company and water well drilling will commence in early September. Mobilization of required personnel and equipment is planned to allow for spud of the Shabeel-1 well during the fourth quarter of this year.

The Puntland Government and Dharoor Valley communities are fully supportive of the drilling project and have ensured they will do all that they can to allow the project to move forward safely and expeditiously.

Keith Hill, Africa Oil's President and Chief Executive Officer, commented, "We are very pleased to have signed a drilling rig contract and to have procured the required services to allow us to commence drilling operations in Puntland. With support from the local communities and Puntland Government, we are eager to drill the first exploration wells in Puntland in over 20 years, aimed at unlocking the resource potential of the area."

Rigs >>

Rigs News in Somalia >>

Honghua was Awarded $320m Rig Contract from Orion
China >>  8/17/2014 - A leading global land drilling rig manufacturer – Honghua Group Ltd., is pleased to announce that Honghua Offshore Oil & Gas Equipment (Jiangsu) CO.,L...
CIMC Raffles Delivered JU2000E-400 ft Coastal Driller 4001 Successfully
  China >>  8/13/2014 - JU2000E 400 ft Coastal Driller 4001, constructed by CIMC Raffles was delivered to Coastal Contracts Bhd as the ninth jack-up in Yantai. ...

Greka Drilling Rigs Arrive in India
  India >>  8/12/2014 - Greka Drilling Limited, the largest independent and specialized unconventional oil & gas driller in Asia, is pleased to announce that the five GD75 ri...
Drillmec Awarded LOI for Using AHEAD 375 Drilling Rig in Italy
  Italy >>  8/8/2014 - Sound Oil has signed a Letter of Intent with Drillmec Spa for the exclusive use of an AHEAD 375 Drilling Rig in Italy for both the SMG and Laura wells...

Seadrill Secures $497m Rig Contract in Nigeria
Nigeria >>  8/8/2014 - Seadrill Limited, in cooperation with indigenous partner Field Offshore Design Engineering Nigeria Limited has secured a contract with Esso Exploratio...
Second XLE jack-up Rig Added to Maersk Drilling’s Fleet
  Norway >>  8/7/2014 - Maersk Drilling has taken delivery of its second ultra harsh environment jack-up, XLE-2, from the Keppel FELS shipyard in Singapore on time. The rig w...



Related Categories: General  Rig Equipment  Rig Operators  Rigs, Coring & Exploration 

Related Articles: General  Rig Equipment  Rig Operators  Rigs, Coring & Exploration 


Somalia Oil & Gas 1 >> 

More News

Oil & Gas Projects in Somalia >>

Oil & Gas Companies in Somalia >>

Related Links

Countries Quick Links

AO BJ BW CD CG CI CM DZ EG EH ET GA GF GH GM GN GQ GW KE LR LY MA MG ML MR MZ NA NE NG RW SC SD SL SN SO ST SZ TD TN TZ UG ZA ZM
Gulf Oil and Gas E-Marketplace - Promote your Business - About Us
Copyright © Universal Solutions All rights reserved. Privacy Policy. - Contact Us