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ExxonMobil signs Ocean Rig Semisub for Dunquin drilling


Published Sep 14, 2012
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eirik raude

Providence Resources confirm that it has now received formal notification from ExxonMobil Exploration and Production Ireland (Offshore) Limited that a letter of intent has been signed with Ocean Rig UDW Inc. for the “Eirik Raude” semi-submersible drilling rig.

Under the terms of this Letter of Intent, it is proposed to utilise the “Eirik Raude” to drill an exploration well at Dunquin, located in Frontier Exploration Licence (FEL) 3/04, offshore Ireland with an estimated programme duration of up to 6 months. Subject to satisfactory contract and corporate and co-venturer approvals, the rig is scheduled to commence this contract in the first quarter of 2013.

Tags: Providence Resources Plc




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