Gulf Oil and Gas accountACCOUNT

ADX Signs Rig Agreement for Sidi Dhaher Discovery

Source: www.gulfoilandgas.com 1/9/2012, Location: Africa

ADX Energy Limited is pleased to announce that a LOI (Letter of Intent) has been signed with DIETSWELL SA, for the provision of the Sedlar-160 drilling rig. Following bid clarification and final contract execution, the rig and equipment will be moved to the Sidi Dhaher-1 location and the well prepared for testing.

ADX has previously estimated the mean contingent oil in place resource for the Sidi Dhaher oil discovery to be 51 mmbbls. The confirmation of recoverable volumes and resulting potential reserves are contingent upon a successful well test with the objective of proving commercial flow rates and likely recovery factors.

The Sidi Dhaher discovery 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.

Participant interests in the Chorbane permit and the Sidi Dhaher -1 well are as follows; ADX Energy Ltd 40% Operator; Gulfsands Petroleum Plc 40%; XState Resources Ltd 10%; Verus Investments Limited 10%.

Rigs >>

Rigs News in Tunisia >>

Norway >>  2/18/2019 - Transocean Ltd. has entered into an agreement with its customer, Equinor, to license and install Automated Drilling Control (“ADC”) systems on four hi...
Oman >>  2/18/2019 - Global drilling and engineering contractor KCA Deutag (“KCAD”) announces that its land drilling operation has won new contracts and contract extension...

Saudi Arabia >>  2/15/2019 - Saudi Aramco and National Oilwell Varco Incorporated (NOV) recently held the first Arabian Rig Manufacturing (ARM) Board of Managers meeting. ARM is a...
Saudi Arabia >>  2/14/2019 - Noble Corporation plc has exercised an option for the purchase of a second newbuild Gusto MSC CJ46 design jackup rig from the PaxOcean Group (PaxOcean...

Australia >>  2/12/2019 - Cue Energy has announced that a rig contract has been signed for the drilling of the Ironbark Prospect in exploration permit WA-359-P, offshore Wester...
Australia >>  2/11/2019 - Jadestone Energy Inc., an independent oil and gas production company focused on the Asia Pacific region, has signed a rig contract for infill drilling...

Related Categories: General  Rig Equipment  Rig Operators  Rigs, Coring & Exploration 

Related Articles: General  Rig Equipment  Rig Operators  Rigs, Coring & Exploration 


Tunisia Oil & Gas 1 >>  2 | 3 | 4 | 5 | 6 |

Oil & Gas Projects in Tunisia >>

More News

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.