Octanex N.L. advises that the Galahad-1 well, the second well in the two well drilling campaign in the outer Exmouth Plateau permits WA-362-P and WA-363-P, is currently expected to spud within the next 5 to 7 days.
Galahad-1 is located within WA-363- P, as shown on the following Well Location Map.
The well will take approximately 36 days and will be drilled using the Saipem 10000 drillship.
Octanex N.L. (“Octanex” or “the Company”) and its subsidiaries (“the Octanex Group”) are involved in oil and gas exploration and its related activities in the offshore waters within the jurisdiction of Australia. The related activities include investment in companies operating within the wider energy sector, both inside and outside of Australia.
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Source:Octanex , April 21,2011; Image:SHI