Continental Focus, International Reach

CAMAC Sees Rig Arrive for Oyo Spud

Wednesday, May 7, 2014

CAMAC Energy reported that the Energy Searcher drillship, owned by Northern Offshore, has arrived offshore Nigeria. After taking on personnel, equipment and supplies the rig will move to the Oyo field where operations to commence drilling the Oyo-8 well are expected to begin in mid-May.  

The rig, which is capable of drilling to total depths of up to 25,000 ft, and in water depths of up to 2,500 ft, is under contract for an initial term of one year, which may be extended for an additional one year, to carry out the company’s development program for the Oyo Field and to drill one or more high-impact exploration wells on OMLs 120 and 121.


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