Gulf Oil and Gas accountACCOUNT

ADX Provides Operational Update on Sidi Dhaher Well

Source: www.gulfoilandgas.com 2/24/2011, Location: Africa

Share |
ADX Energy Ltd is pleased to report that preparations for the commencement of drilling operations on the Company’s operated well are progressing according to plan albeit slightly slower than expected. The company is moving ahead very cautiously despite the improved security situation in Tunisia. However these minor delays have not resulted in any significant additional cost. The current situation in Libya is not affecting the company's operations in Tunisia. The well location is 350 km west of the Tunisian border with Libya.

The company is finalizing arrangements to mobilize camp facilities and drilling rig with the intention to move camp first followed by the drilling rig. The schedule will involve a 5 day set up for camp followed by a 5 day rig move. Once the rig up is completed and all equipment is tested, the company will take on responsibility for the rig and then spud the well. Mobilization of camp facilities is expected within the next days.

Pre testing of all rig components pre mobilization to rig site and before assuming contractual responsibility is finished with some equipment replacements being undertaken. Site preparations have been completed and surface casing has been set. All statutory approvals for access and drilling have been obtained.

The company is very cautious in relation to security issues and is ensuring that all services are available and appropriate logistical measures will be in place to provide smooth operations once drilling has commenced.

As previously announced, ADX has already secured farm-outs with Gulfsands Petroleum Plc, Xstate Resources Ltd and Verus Investments Ltd which are expected to fully fund ADX’ share of drilling costs for the Sidi Dhaher well. The Sidi Dhaher prospect is located in the 2,428km2 large Chorbane Exploration Permit onshore central Tunisia near the port city of Sfax. It is surrounded by several producing oil fields and extensive oil and gas infrastructure. A summary of the Chorbane Permit and the Sidi Dhaher prospect is attached to this ASX release.

Unrest in MENA - The New Oil Order

Exploration News in Tunisia >>

Indonesia >>  11/13/2018 - JV partner Cue Energy Resources has advised that three Drill Stem Tests (DSTs) will be undertaken within the primary objective Mundu Formation in theP...
Egypt >>  11/12/2018 - Rockhopper Exploration plc, the oil and gas company with key interests in the North Falkland Basin and the Greater Mediterranean region, provides the ...

Argentina >>  11/7/2018 - Argentina’s highly anticipated offshore license round has officially opened with interested parties now invited to register their eligibility and subm...
Congo >>  11/6/2018 - The Republic of Congo has launched its latest oil exploration bidding round in Cape Town, offering 18 blocks in deep-water offshore and onshore sites ...

Croatia (Hrvatska) >>  11/6/2018 - Croatia’s cabinet has announced the launch of the country’s second onshore license round. Seven blocks will be available in the license round, all loc...
Mexico >>  11/6/2018 - Eni and Lukoil signed a farm-out agreement for the transfer of participating interests in three exploration licenses in Mexico’s shallow waters. ...

Related Categories: Camp Building  Cleaning Equipment, Services  Communication  Corrosion Products/Services  Development  Exploration  Food Supplies  General  Labor Services  Land & Leasing  Mine Clearance  Oil & Gas Companies  Production  Service Companies  Skilled Labors  Transportation, 4X4 Trucks  Unskilled Labors  Utility Systems  Waste Disposal  Water Supply Services  Welding Products/Services 

Related Articles: Camp Building  Cleaning Equipment, Services  Communication  Corrosion Products/Services  Development  Exploration  General  Labor Services  Land & Leasing  Mine Clearance  Oil & Gas Companies  Production  Service Companies  Transportation, 4X4 Trucks  Utility Systems  Water Supply Services  Welding Products/Services 


Tunisia Oil & Gas 1 >>  2 | 3 | 4 | 5 |

Oil & Gas Projects in Tunisia >>

More News

 

Oil & Gas Companies in Tunisia >>


Related Links

AO BJ BW CD CG CI CM DZ EG ET GA GH GM GN GQ GW KE LR LY MA MG ML MR MZ NA NE NG RW SC SD SL SN SO ST SZ TD TN TZ UG ZA ZM
Gulf Oil and Gas
Copyright © Universal Solutions All rights reserved. - Terms of Service - Privacy Policy.