The oil tanker Gascogne, which was hijacked by pirates offshore Ivory Coast last weekend, has been released, the owner of the ship, Sea Tankers, today informed. Sea Tankers confirmed that the vessel is now safely travelling under the full direction of its Master. The Gascogne was taken over by pirates off the Ivory Coast. The [...]
FMC Technologies, Inc. announced today that it has received an order from CNR International Ltd. for subsea equipment for the Baobab field. The Baobab field is located in Block CI-40 West Africa approximately 16 miles (25 kilometers) offshore from the Ivory Coast. FMC Technologies’ scope of supply includes six subsea trees, eight wellheads, three manifolds, [...]
Rialto reports that the Company’s Managing Director Jeff Schrull has informed the Board that he intends to relocate back to Perth, Western Australia from the Company’s current base of operations in London by mid-2013. The decision by Schrull is further to a number of ongoing Rialto Board discussions on strategy, near term work programme, Board [...]
October 4, 2012 | Posted in
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Today, in Abidjan (Republic of Cote-d’Ivoire) LUKOIL Overseas, subsidiary of LUKOIL, has signed with the government of the country a production sharing agreement on offshore block CI-524 in the Gulf of Guinea. Block CI-524 covering the area of 450 square kilometers with water depth ranging from 800 to 1,500 meters represents an eastern part of [...]
October 3, 2012 | Posted in
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Rialto Energy Ltd has announced thatPetroci Holdings, the Government of Côte d’Ivoire state-owned oil and gas company, has elected to increase its paying interest in the Gazelle Field Exclusive Exploitation Area (“Gazelle Field EEA”) which is located within Block CI-202. Petroci Holdings, which currently holds a 15% interest (comprising a 5% paying interest) in Block [...]
Rialto Energy Limited, an international exploration and production company has drilled the Gazelle-P4 Development Well, offshore Côte D’Ivoire to the the planned final depth of 3522m MDRT (2720m TVDSS). This has taken 28 days from spud to TD. According to the company’s report the well has encountered encouraging oil and gas shows through the Upper [...]
Rialto Energy announces that the Block CI-202 joint venture (Rialto 85% working interest and operator and Petroci 15%) has elected to release the Transocean GSF Monitor drilling rig after the completion of drilling and testing of the current Gazelle-P4 development well. This will allow the JV to focus on the FEED for the Gazelle field [...]
Rialto Energy Limited provides a weekly update on drilling operations at the Gazelle-P4 Development Well, offshore Côte D’Ivoire as at 10:00hrs, 31 July 2012 (GMT). Since the last week’s spudding, the well has been drilled to 538m MDRT. Current operations are drilling ahead to the 20″ casing point at 550m MDRT. The company expects to [...]
Rialto announces the completion of drill stem testing (“DST”) of the Gazelle-P3 ST2 well (“ST2 well”), achieving maximum flow rates of 19.5mmscfd gas and an unstabilised rate of 760 bopd from separate sands within the Upper Cenomanian (UC-1) reservoir. The maximum gas flow rate was constrained due to downhole equipment limitations. The estimated deliverability of [...]
July 18, 2012 | Posted in
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Rialto provides the following update on the drill stem testing of the Gazelle-P3 ST2 well announced on 25 June 2012. Following the successful completion of wireline logs, vertical seismic profiling and sidewall coring operations on the Gazelle-P3 ST2 well, the drill stem testing programme has commenced. The programme involves the perforating of the Upper Cenomanian [...]
