JOG has announced that operator Statoil has secured the West Phoenix rig from Seadrill to drill its Verbier appraisal well (JOG 18%) on the P2170 licence later this year. The rig is expected to begin drilling for Statoil in Norway, followed by Verbier in summer 2018 as the first well in Statoil’s UK programme.
01 Mar 2018
Rig secured for Verbier appraisal programme
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Rig secured for Verbier appraisal programme
Jersey Oil & Gas PLC (JOG:LON) | 154 0.8 0.3% | Mkt Cap: 50.5m
- Published:
01 Mar 2018 -
Author:
Daniel Slater, CFA -
Pages:
3
JOG has announced that operator Statoil has secured the West Phoenix rig from Seadrill to drill its Verbier appraisal well (JOG 18%) on the P2170 licence later this year. The rig is expected to begin drilling for Statoil in Norway, followed by Verbier in summer 2018 as the first well in Statoil’s UK programme.