Share Name Share Symbol Market Type Share ISIN Share Description
Barloworld LSE:BWO London Ordinary Share ZAE000026639 ORD R0.05
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  +0.00p +0.00% 590.00p 0.00p 0.00p - - - 0 05:30:32
Industry Sector Turnover (m) Profit (m) EPS - Basic PE Ratio Market Cap (m)
General Industrials 61,959.0 2,498.0 779.6 0.8 1,266.93

BW Offshore: Successful Completion of Second Production Well at Tortue

26/06/2018 6:30am

GlobeNewswire


BW Offshore is pleased to announce the successful drilling and completion of the second production well, DTM-3H, located in the Tortue field, within the Dussafu Marin License, offshore Gabon. 

Drilling of the oil production well commenced in May 2018 and was completed with no safety-related incidents, on schedule and within budget. The well was drilled to a total measured depth of 3563 meters and interpretation of the logging results indicates that the well was entirely consistent with pre-drill prognosis and objectives.

Following demobilisation at the DTM-3H well, the Borr Norve drilling rig will commence operations on the Ruche North East appraisal well on the Ruche field.

For further information, please contact: 
Knut R. Sæthre, CFO, +47 911 17 876
IR@bwoffshore.com or www.bwoffshore.com

About BW Offshore:
BW Offshore is a leading global provider of floating production services to the oil and gas industry. BW Offshore has a fleet of 15 FPSOs and one FSO represented in all major oil & gas regions world-wide. BW Offshore has a long track record on project execution and operations. In more than 30 years of production, BW Offshore has executed 39 FPSO and FSO projects. The company is listed on the Oslo Stock Exchange.

This information is subject to the disclosure requirements pursuant to section 5 -12 of the Norwegian Securities Trading Act.



This announcement is distributed by Nasdaq Corporate Solutions on behalf of Nasdaq Corporate Solutions clients.
The issuer of this announcement warrants that they are solely responsible for the content, accuracy and originality of the information contained therein.
Source: BW Offshore via Globenewswire

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