"Deepsea Bollsta has now spudded the Lesedi-1X probe, at a...

"Deepsea Bollsta has now spudded the Lesedi-1X probe, at a location about 20 kilometres northwest of Graff-1 and 14 kilometres northeast of Jonker, according to data from marine intelligence provider VesselsValue.

The supermajor has also extended the charter period of this semi-submersible, underlining its bullish view of the multi-billion-barrel potential of its two blocks in Namibia’s prolific Orange basin.

Deepsea Bollsta's charter was set to conclude this December, but Shell has chosen to extend the contract through to June 2024, with an option available to use the rig for another six months after this.

Meanwhile, Northern Ocean’s semisiub Deepsea Bollsta recently wrapped up what is believed to have been a successful drill stem test on the Graff-1 probe, having earlier drilled the Jonker-1 discovery well in a different geological play. Upstream is led to believe that each of these finds has 1 billion-barrel resource potential."