Thursday, January 28, 2010

Cooper's Gigir East-1 spuds April

Cooper Energy Ltd is preparing for spudding of Gigir East-1 well in South Madura PSC in April 2010. Civil works has been awarded and it is expected that work will commence around mid-February. Drilling services have also been awarded. Cooper is the owner of 30% participating interest in the PSC. 
In addition to the award of the civil works and drilling services, three available rigs have been shortlisted and the final phrase of the tender process is underway. It is expected that the drilling rig tender process will be completed in mid February 2010 and a drilling contract awarded at that time. 

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