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Lundin exercises optional well for Bredford Dolphin


Published Mar 1, 2012
bredford dolphin

Lundin Norway AS has exercised the option for an additional well with Dolphin Drilling AS, a subsidiary of Fred. Olsen Energy ASA, for use of the semisubmersible drilling unit Bredford Dolphin (mid-water semisub).

The well will be in direct continuation with current contract with Lundin Norway AS.

The contract value for the exercised option is approximately $21.9 million for an estimated drilling program of 60 days.

Tags: Lundin Petroleum, Petroleum Safety Authority




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