Scandoil  

Armada Oil provides Niobrara project update


Published Nov 8, 2013
Armada Oil, Inc.

Armada Oil, Inc. has entered into a Third Amendment to its Seismic and Farm-Out Option Contract with Anadarko Petroleum (the 'Anadarko Contract').

The amendment extends the time for the Company's commencement of drilling of the initial test well under the Anadarko Contract until July 31, 2014 (previously December 31, 2013).

In addition, the Company will have a period of 180 days from the date that the contract depth is reached in the initial test well to commence drilling of the second well to be drilled on the farm-out acreage, regardless of well type. This change will allow a more reasonable period of time for analysis of the data from the initial test well.

Tags: Armada Oil




Advertisment:

Add a Comment to this Article

Please be civil. Job and promotion will not be added into the comment page.

(Use Markdown for formatting.)

This question helps prevent spam:

+ Larger Font | + Smaller Font
Top Stories

 

 

 

 


 


RSS

RSS
Newsletter
Newsletter
Mobile News
Mobile news

Computer
Our news on
your website


Facebook
Facebook
Twitter
Twitter

Contact
Contact
Tips
Do you have any
tips to us
Stats

 

sitemap xml