Enegi Gets More Time to Drill Offshore Newfoundland

Enegi has extended Period I of Exploration Licence EL1116, western Newfoundland for a period of 12 months.

 

As per the announcement of 23 December 2013 a drilling deposit of $250,000 has been paid by Black Spruce Exploration (“BSE”) to the Canada-Newfoundland Offshore Petroleum Board (“C-NLOPB”). This has extended the initial five year licence period (Period I) for EL1116 by a further 12 months. This is in advance of the drilling programme which is planned to take place on the licence this year targeting the St George’s Bay prospect. On completion of the well, under the terms of the licence, EL1116 will enter Period II and will then be valid for a further three years following the end of this extended 12 month period.

The well on EL1116 will be drilled, by BSE, following the anticipated successful drilling at the Garden Hill Field (“GHF”) which is expected to commence in April. The St George’s Bay prospect is expected to be drilled from onshore to offshore to delineate the offshore extent of the Garden Hill hydrothermal dolomite trend.

Alan Minty, CEO of Enegi, said: “We are delighted to have gained this extension. With our partner BSE we are about to commence an extensive drilling programme across all our assets which we believe will demonstrate the full potential of the region.”

January 17, 2014

Share this article

Follow Offshore Energy Today

Events>

<< Dec 2019 >>
MTWTFSS
25 26 27 28 29 30 1
2 3 4 5 6 7 8
9 10 11 12 13 14 15
16 17 18 19 20 21 22
23 24 25 26 27 28 29
30 31 1 2 3 4 5

Africa Oil Week 2020

For over 25 years Africa Oil Week has been the meeting place for Africa’s most senior E&P stakeholders.

read more >

CERAWeek 2020

 Each year, CERA clients gathered for a few days in Houston…

read more >

Offshore Technology Conference (OTC) 2020

The Offshore Technology Conference (OTC) showcases leading-edge technology for offshore drilling, exploration…

read more >

2020 EXPLORATION AND PRODUCTION STANDARDS CONFERENCE ON OILFIELD EQUIPMENT AND MATERIALS

The development of consensus standards is one of API’s oldest and most successful programs.

read more >

Jobs>

Looking to fill a job opening?

By advertising your job here, on the homepage of OffshoreEnergyToday.com, you'll reach countless professionals in the sector. For more information, click below...

apply

Looking to fill a job opening?

By advertising your job here, on the homepage of OffshoreEnergyToday.com, you'll reach countless professionals in the sector. For more information, click below...

apply