PCL 0.00% 1.4¢ pancontinental energy nl

deepsea metro 1 drillship on schedule

  1. 1,370 Posts.
    lightbulb Created with Sketch. 59
    Deepsea Metro 1 drillship (which will be drilling Mbawa) is still on schedule, so in around 4 weeks from now it should be on the way to the Mbawa prospect.
    Looking at the distance, I guess the journey should only take around 1 or 2 days.

    From todays update from Ophir .........

    -----------------------------------

    Ophir Energy Provides Update on Papa-1 Well Drilling

    3 July 2012

    Ophir Energy plc provides update on Papa-1 well drilling in Tanzania (Block 3). The Block 1, 3 and 4 drilling programme, operated by BG (Ophir 40%) continues on schedule. The Deepsea Metro 1 completed operations at the Mzia-1 discovery (Block 1) on 21 May and the vessel then moved to the Papa-1 location in Block 3. The well spudded on 29 May and is estimated to take 65 days to complete. Papa-1 is targeting the Upper Cretaceous intra-slope channel play within the Rufiji delta. The Papa-1 prospect has an unrisked mean estimated recoverable resource of 3.1 TCF (517 MMBOE). Results are expected to be released in late July.

    Once Papa-1 is completed the Deepsea Metro 1 will be assigned to Apache for a single well in Kenya on acreage adjacent to Ophir’s Blocks L9 (60%) and L15 (100%), before returning to continue operations with the Ophir-BG Joint Venture in Tanzania.

    http://www.gulfoilandgas.com/webpro1/MAIN/Mainnews.asp?id=21477
 
watchlist Created with Sketch. Add PCL (ASX) to my watchlist
(20min delay)
Last
1.4¢
Change
0.000(0.00%)
Mkt cap ! $113.8M
Open High Low Value Volume
1.5¢ 1.5¢ 1.4¢ $34.41K 2.340M

Buyers (Bids)

No. Vol. Price($)
14 7655498 1.4¢
 

Sellers (Offers)

Price($) Vol. No.
1.5¢ 8276130 12
View Market Depth
Last trade - 15.55pm 01/11/2024 (20 minute delay) ?
PCL (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.