Hyperdynamics Spuds First Exploration Well Offshore Guinea
Hyperdynamics has commenced exploratory drilling on the Sabu-1 well. The well is being drilled by the Jasper Explorer drillship in a water depth of 2,297 feet (700 meters).
The target of the well is a four-way anticline oil prospect with upper Cretaceous sands with total well depth estimated at 11,811 feet (3,600 meters). Sabu-1 is the first of two exploration wells planned for drilling in 2011 in the Guinea concession. The second well, Baraka-1 should commence drilling immediately after Sabu-1 is completed.
Hyperdynamics operates the concession with a 77% interest, while Dana Petroleum holds the remaining 23% interest.SubseaIQ provides focused, in-depth coverage of offshore field development activities around the world, with daily updates on hundreds of offshore fields and facilities. Click here to sign up for the free weekly email newsletter.
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