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Oil price, Union Jack, Egdon, VOG, Zephyr, Hurricane, Advance, Getech, Jadestone. And finally…

Oil price, Union Jack, Egdon, VOG, Zephyr, Hurricane, Advance, Getech, Jadestone. And finally…
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Advance Energy 'on the starting block' with drilling of Buffalo-10 expected in October 2021

Advance Energy 'on the starting block' with drilling of Buffalo-10 expected in October 2021
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Leslie Peterkin , Advance Energy , லெஸ்லி பேதேர்கின் ,

Advance Energy Plc says its delighted with progress towards new Buffalo well


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Advance Energy says its delighted with progress towards new Buffalo well
We are delighted to hear progress from Carnarvon to ensure drilling of the Buffalo-10 well is on track for later this year,” said Leslie Peterkin
Advance Energy PLC (LON:ADV) said the Buffalo-10 well is currently planned to be drilled in the fourth quarter of 2021.
The company in April completed its acquisition of a 50% interest in Carnarvon Petroleum Timor, which owns the Buffalo, offshore Timor-Leste, which is presently estimated to host some 34.3mln barrels of contingent oil resources and previously produced around 21mln barrels of crude over five years. ....

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Carnarvon: Buffalo Drilling Rig Tender Nears


May 11, 2021
A tender process for the drilling rig is nearing completion, with the requirement for a suitable jack-up rig to be available in the fourth quarter of this year, Carnarvon said. / Illustration only - Credit: Danial/AdobeStock
The tender process for an offshore drilling rig to be used for the drilling of Carnarvon Petroleum s and Advance Energy s Buffalo offshore well in the Timor Sea is nearing completion, and the spud date is scheduled for the fourth quarter of 2021, the companies said Tuesday.
Advance Energy recently paid US$20 million to acquire a 50% interest in the Buffalo PSC. The cash will be utilized for the drilling of the shallow water Buffalo-10 well offshore Timor-Leste.  This also means the drilling will be at no cost to Carnarvon unless the well costs more than US$20m. ....

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Investegate |Advance Energy PLC Announcements | Advance Energy PLC: Release of Escrow Documents


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