Songa Offshore announced that the first of three optional wells has been declared by Shell Development (Australia) under the contract for Songa Venus. The well has further been assigned to MEO Australia Limited.
The well has an estimated duration of 30 days. Shell Development (Australia) continues to have the right to exercise up to two additional optional wells with an estimated duration of 50 to 60 days each.
Songa Venus is currently drilling the first well under the mentioned program.
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