Scandinavian Oil-Gas Magazinehttp://www.scandoil.com/moxie-bm2/news/scorpion-offshore-signs-contract-for-drilling-prog.shtmlScorpion Offshore signs contract for drilling program Offshore VietnamScorpion International Ltd., a wholly-owned affiliate of Scorpion Offshore Ltd., has signed a contract with a local operator for a drilling program offshore Vietnam
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Edit page New page Hide edit links Scorpion International Ltd., a wholly-owned affiliate of Scorpion Offshore Ltd., has signed a contract with a local operator for a drilling program offshore Vietnam utilizing the Offshore Resolute. The firm portion of the program has an estimated duration of sixty-one days. Additionally, the operator has the right to an optional period of one additional well with an estimated duration of 80 days. The contract begins on 1 April 2010 and has an estimated value of between US$ 7 and US$ 16 million depending on the option well. |