Equator Exploration Confirms Hostage Situation



Equator today confirms that an incident occurred on the Bulford Dolphin drilling rig in the early hours of Saturday, March 31, 2007 during which a member of the crew was removed from the rig. The Bulford Dolphin is contracted to Equator Exploration Limited and is currently engaged in drilling activity on OML 122 (offshore Nigeria) under a Finance and Service Agreement with the operator, Peak Petroleum Industries Nigeria Limited.
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