Azinor Catalyst Limited has awarded a rig contract to Diamond Offshore Drilling (UK) Limited for the Ocean Guardian semi-submersible rig to drill two operated wells in Q3 2017
Azinor Catalyst Limited has awarded a rig contract to Diamond Offshore Drilling (UK) Limited for the Ocean Guardian semi-submersible rig to drill two operated wells in Q3 2017. The first exploration well will target the Partridge Prospect which will be immediately followed by an appraisal well to test the Agar Discovery and Plantain Prospect.
Nick Terrell, Managing Director of Azinor Catalyst, commented: “This is an excellent time to be drilling exploration wells in the UK North Sea. A successful outcome at Partridge would not only generate huge value for the company, but also unlock significant upside potential in the exciting Lower Cretaceous play in nearby acreage which we secured access to through our recently awarded 29th Round Licences.
“We are also extremely pleased to announce our plans to appraise our highly material and low risk Agar Discovery and Plantain Prospect this summer. This follows our successful 2014 Agar exploration well, which encountered high quality oil bearing Eocene sands adjacent to the UK Beryl and Norwegian Alvheim Fields in block 9/14a.”
Henry Morris, Technical Director of Azinor Catalyst, added: “It’s great to be moving forward with these two opportunities. Both prospects and plays have huge potential which will be unlocked by these wells.”