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Home›Business & Finance›Hyperdynamics Resumes Drilling on Sabu-1 Exploration Well Offshore Guinea
Business & Finance

December 28, 2011 · about 14 years ago

Hyperdynamics Resumes Drilling on Sabu-1 Exploration Well Offshore Guinea

Hyperdynamics Corporation today announced it has resumed drilling operations on the Sabu-1 exploration well in its concession offshore the Republic of Guinea in West Africa. Drilling recommenced from a point 1,440 meters subsea and is planned to continue to a total depth of 3,600 meters. Hyperdynami

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Hyperdynamics Corporation today announced it has resumed drilling operations on the Sabu-1 exploration well in its concession offshore the Republic of Guinea in West Africa.

Drilling recommenced from a point 1,440 meters subsea and is planned to continue to a total depth of 3,600 meters. Hyperdynamics plans to continue to provide progress updates.

Hyperdynamics operates the Guinea concession with a 77 percent participating interest, with the remaining 23 percent held by Aberdeen-based Dana Petroleum, a wholly owned subsidiary of the Korean National Oil Company. The well is operated through AGR, a well management company.

About Hyperdynamics

Hyperdynamics is an emerging independent oil and gas exploration and production company that is exploring for oil and gas offshore the Republic of Guinea in West Africa.

[mappress] Subsea World News Staff , December 28, 2011; Image: Hyperdynamics

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