As a partner in the WA-424-P Joint Venture, IPB Petroleum says it has been informed that the Stena Clyde drilling rig departed the Puffin field location this morning (November 4) and that the rig is currently under tow to the Pryderi-1 location in WA-424-P, offshore Western Australia.
After two delays in rig delivery, IPB Petroleum has recently informed that the estimated start date for the Pryderi-1 rig contract is due late October to early November 2014.
WA-424-P is a Joint Venture between IPB 75% and CalEnergy 25%, the operator.