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Share Name | Share Symbol | Market | Type |
---|---|---|---|
Noble Energy Inc | NYSE:NBL | NYSE | Common Stock |
Price Change | % Change | Share Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
---|---|---|---|---|---|---|---|---|
0.00 | 0.00% | 24.62 | 0 | 01:00:00 |
LONDON--Rockhopper Exploration PLC (RKH.LN) Wednesday said a drilling unit has been contracted by Premier Oil PLC (PMO.LN) to drill a minimum of four firm wells in the North Falkland Basin.
MAIN FACTS:
-Rig contracted by Premier Oil PLC (PMO.LN) as operator and will also be used by Noble Energy under a rig sharing agreement to drill a further two firm wells elsewhere in the Falklands
-8 options secured which can be exercised prior to mobilization a further eight which can be elected at key points during the campaign
-Order has yet to be finalized; Rockhopper + partners anticipate using the first two firm slots on the rig to drill the Zebedee and Isobel/Elaine prospects, with Noble taking the third and fourth, before the rig returns to the North Falkland Basin for the final two firm wells
-4 firm wells in the North Falklands Basin will target an expected 520 million+ barrels of Stock Tank Original Oil In Place net to Rockhopper
-Shares at 0725 GMT up 3 pence or 2.6%
-Write to Ed Ballard at ed.ballard@wsj.com
Subscribe to WSJ: http://online.wsj.com?mod=djnwires
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