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Trapoil commences operations on the Niobe exploration prospect


Published Jun 9, 2015
Trapoil Group

Trapoil have commenced operations on the Niobe (Licence P.1889, Blocks 12/26b & 27) exploration prospect.

The well is being drilled using the ENSCO 100 jack up rig and well operations are currently anticipated to last approximately 31 days in the dry hole case.

The ENSCO 100 rig left Dundee shipyard on 4 June 2015 and is currently under tight tow to the Niobe prospect location.

The partners in Licence P.1889 are Suncor Energy UK Limited, operator (49.5 per cent. equity interest), Norwegian Energy Company UK Limited (22.5 per cent. equity interest) and Trap Oil Limited (28 per cent. equity interest, of which 2.5 per cent. is a carried interest).

Tags: Trapoil




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