EDA Bags Contract from Heritage Oil to Drill 2 Exploration Wells in PNG

Ausdrill subsidiary Energy Drilling Australia (EDA) reported Wednesday that it has won its first-ever international job, securing a contract with Heritage Oil Limited in Papua New Guinea (PNG).

Next month (December), EDA will commence the drilling of two exploration wells at Heritage Oil sites in Madang Province in northern PNG.

Preparation for the drilling program requires a major logistics operation. The drill rig, a Schramm TXD200, will be shipped by barge more than 1,864 miles (3,000 kilometers) from Brisbane to the port of Madang, where it will then be transported via road, utilising a local trucking company.

Work under the contract -- which is EDA’s first with Heritage Oil -- is expected to conclude by early February 2015.

EDA Business Development Manager James Tuohy said the company was delighted to partner with Heritage Oil in its gas exploration program.

‘‘Winning our first international job is a very significant step for the business,’’ Tuohy said.

‘‘While this project is not without its challenges in terms of getting the rig to site, along with our crew of 16, we are confident that our experience in Australia’s key energy regions over the past five years will put us in good stead to carry out this project in a safe, timely and effective manner for Heritage Oil.’’

The Schramm TXD200, imported from the US in late 2011, was the second rig commissioned by EDA.

To date EDA has successfully completed drilling programs for some of Australia’s largest energy companies operating in the Galilee, Surat and Cooper basins and the South Georgina Field, offering both drilling and well servicing for projects at varying stages of completion.

EDA has achieved considerable growth, increasing its fleet from one rig to four, including its newest -- a high-tech Schramm T500XD Telemast which was mobilized in September, for Senex in the Cooper Basin.


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