Continental Focus, International Reach

Sirius Sources New Jack Up for Ororo Drilling

Tuesday, October 9, 2018

Sirius Petroleum has decided, by mutual agreement with COSL, to abrogate its agreement with COSL for the supply of a jack-up rig for the drilling program on the Ororo field located in Nigeria’s OML 95.

Instead of the COSL rig, the company has sourced and signed an agreement with Shelf Drilling to supply its Adriatic I jack-up rigwhich is scheduled to become available during November. The rig is already in close proximity to the Ororo field.

The proposed rig is fully certified, currently concluding a well campaign with another operator utilizing Schlumberger services and equipment on board the Adriatic I, and meets the specifications required for the company’s proposed drilling program at Ororo-2 and Ororo-3.

As previously announced, Sirius and its operational partners, Schlumberger and Add Energy intend to achieve the spudding of Ororo-2 at the earliest possible time during Q4 2018.


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