Rig Released for Nervesa Drill
by Jon Mainwaring
|Friday, May 17, 2013
Italy-focused Sound Oil confirmed Friday that the land rig it will use to drill the first appraisal well on its onshore Nervesa asset is on its way to the drill site.
Sound said that LP Drilling, the operator of the contracted TB2100S drilling rig, informed it that drilling operations in the Netherlands are now complete and that the rig has been released from the site in Holland.
Earlier in May, Sound said that it expected to spud the Nervesa appraisal well by the end of the month.
Nervesa is a gas discovery estimated at some 21 billion cubic feet. It was discovered by ENI in 1985. Sound CEO James Parsons said in March that the successful drilling of the asset will be “the first step in unlocking the significant value inherent in the Sound Oil portfolio”.
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