CAMAC Energy reported that its partner on Nigeria’s OML 120, Allied Energy, has informed it that drilling of the Oyo-7 well has commenced, after some delay. The well is being drilled using the Sedneth 701 well. The drilling of the pilot hole to assess shallow hazards around the Oyo-7 location was successfully completed. The rig […]

CAMAC Energy reported that it has been informed by Allied Energy that the assignment of the Sedneth 701 rig, which it was supposed to take possession of on July 31, has been delayed. The rig was expected offshore Nigeria to spud the Oyo-7 well for CAMAC and Allied. The Oyo-7 well will now be delayed […]

CAMAC Energy reported that Allied Energy plc received notification of the proposed assignment date of the Sedneth 701 rig under its previously announced Deed of Assignment with a subsidiary of Transocean Ltd. and Nigeria’s NPDC. The rig will be used to drill the Oyo#7 well. According to the notification from NPDC, the proposed date of […]