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Article: OILEX LTD - Oilex Mobilises Rig for Timor Sea Drilling.
- Article from:
- PR Newswire UK Disclose
- Article date:
- November 11, 2009
CopyrightCOPYRIGHT 2009 PR Newswire Association LLC. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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11 November, 2009
Dear Sir,
OILEX MOBILISES RIG FOR TIMOR SEA DRILLING
Oilex Ltd advises that on 11 November 2009, Woodside Energy Ltd released the
"Songa Mercur" drilling rig to Oilex and the vessel is now under tow from Dampier
to the first well location in Oilex's Timor Sea contract area JPDA 06-103. The
rig is contracted to drill two wells in JPDA 06-103 (with an option of one
additional well). Drilling is expected to start in late November 2009.
The "Songa Mercur" will be drilling the Lore and Lolotoe prospects in JPDA
06-103, targeting mean prospective oil resources of 195million barrelsand 90
million barrels respectively (100% basis).
JPDA 06-103 is an ...