CAMAC Energy Inc. says that offshore installation campaign of the Company's Oyo field expansion project using the Normand Pacific installation vessel commenced on September 9, 2014 and consists of the recovery and relocation of umbilicals and flexible flowlines. This offshore installation work will be completed by the first week of October to allow the recently drilled Oyo-7 and Oyo-8 wells to be tied back to the floating production, storage, and offloading vessel Armada Perdana.
The Company has temporarily halted drilling on the Energy Searcher drillship, which is drilling the horizontal portion of the Oyo-8 well in the Oyo field. This was due to leaks in some control system hoses of the well's blow out preventer. Replacement hoses have been ordered and are en route to the drilling site. The Company expects to resume drilling operations within two weeks, while the current offshore installation work continues.