Karoon Gas Australia has informed the company expects to start the 2-4 well appraisal and exploration drilling campaign in the Santos Basin, off Brazil, during the second week in November 2014.
The primary objective of the upcoming drilling program is to drill the lower risk appraisal well in the Kangaroo oil discovery, off Brazil.
During July 2014, Karoon contracted the Queiroz Galvao semi-submersible drilling rig, the Olinda Star to complete up to 4 wells in Karoon’s 65% owned and operated Santos Basin blocks, S-M-1037, S-M-1101, S-M-1102, S-M-1165 and S-M-1166. The rig is currently completing operations with Petrobras and hand over of the rig is expected in the next 2-3 weeks.