I would think with the successful re-entry of WE3, the long-term contract with Ensign from June 2020 for the 970 is now completed. The option-slot was used for Walyering-6.
I would expect STX will soon announce a follow-up contract with Ensign. It was a fair partnership for both parties. Ensign was able to drill LD-1 and Cervantes-1 with the 970 during the STX contract period.
We will likely have the South Erregulla Appraisal wells SE2, SE3, SE4 plus the WE6 on the agenda and the Eneabba Deep as a new Permian exploration well and later the Ocean Hill Jurassic target...
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- Ann: Excellent WE3 results confirm extension of field to north
Ann: Excellent WE3 results confirm extension of field to north, page-158
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