Lundin looks to Dolphin for further rig slots
Posted 30.11.2011 09:36:03 av John Bradbury
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Norwegian rig owner Dolphin Drilling has confirmed today that explorer Lundin Petroleum has booked three more drilling slots on the Bredford Dolphin semi-submersible for further appraisal work.

Dolphin Drilling – owned by Fred. Olsen Energy ASA - said today that Lundin has exercised options for three additional wells on the semi-submersible, which will be exercised as part of a continuing contract.

This new drilling programme is for a total of180 days, and is worth up to US $64 million. As part of the deal Lundin also has an option for a further contract extension with an additional well which has to be exercised by the end of February next year.

Lundin is currently planning further drillnig on the giant Aldous/Avaldsnes discovery, which is not thought to contain up to 3.5 billion barresl of oil.
 
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