Rig Mobilizing to Drill Cambay 77H Well in Gujarat's Cambay Basin

Oilex Ltd., an Australia-based oil and gas exploration and production company, reported Monday that the Essar LR-4 Rig to drill Cambay 77H well at its Cambay Tight Hydrocarbon Project in the Cambay Basin, Gujarat, India has arrived in the port of Mumbai in India and all components have been cleared through customs.

The contractor has advised that the rig consists of 149 packages which are anticipated to arrive at site within the next 14 days.

Managing Director of Oilex, Ron Miller, said:

“This is another important milestone for the Company as it continues preparations to drill the Cambay 77H well in order to meet growing energy demands in the region. The Company is pleased to have secured Essar’s LR-4 Rig."

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