Hardman, Roc Oil begin Mauritania's Sotto-1 well drilling
Hardman, Roc Oil begin Mauritania's Sotto-1 well drilling - Forbes.com
08.08.2005, 04:08 AM
LONDON (AFX) - Hardman Resources Ltd and Roc Oil Co Ltd said they have started spudding the Sotto-1 well, the first exploration hole in Mauritania's offshore drilling programme this year.
The well is located around 110 kilometres southwest of the oil-rich northwest African country's capital, Nouakchott, and 42 km south of the Chinguetti field, one of Mauritania's major oil discoveries.
Sotto-1 is operated by Woodside Petroleum Ltd, which owns a 53.8 pct stake. Hardman and Roc own a 13 pct and 4 pct stake, respectively. Other companies with interests in the well are BG Group, Fusion Oil & Gas and Premier Oil.
Woodside had said that operations at the Chinguetti field has not been affected by the military coup in Mauritania.
Early last week, military troops ousted President Maaouiya Ould Taya. The new regime, headed by the Military Council for Justice and Democracy, also dissolved Parliament but maintained the constitution
08.08.2005, 04:08 AM
LONDON (AFX) - Hardman Resources Ltd and Roc Oil Co Ltd said they have started spudding the Sotto-1 well, the first exploration hole in Mauritania's offshore drilling programme this year.
The well is located around 110 kilometres southwest of the oil-rich northwest African country's capital, Nouakchott, and 42 km south of the Chinguetti field, one of Mauritania's major oil discoveries.
Sotto-1 is operated by Woodside Petroleum Ltd, which owns a 53.8 pct stake. Hardman and Roc own a 13 pct and 4 pct stake, respectively. Other companies with interests in the well are BG Group, Fusion Oil & Gas and Premier Oil.
Woodside had said that operations at the Chinguetti field has not been affected by the military coup in Mauritania.
Early last week, military troops ousted President Maaouiya Ould Taya. The new regime, headed by the Military Council for Justice and Democracy, also dissolved Parliament but maintained the constitution
posted by Marcel at 5:32 PM
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