Husky Energy Announces Contract

Thursday, June 06, 2002
Husky Energy Inc. announced that it is proceeding with its East Coast exploration drilling program. Husky plans to drill an exploration well in the Jeanne d'Arc Basin, located 217 miles east of Newfoundland and Labrador, on the Trepassey Exploration License (EL 1044). Husky holds a 100 per cent working interest in the license. The Trepassey exploration well is part of Husky's East Coast exploration strategy to identify new opportunities offshore Newfoundland and Labrador. The exploration well will test the oil potential of a large structure approximately 6 miles south of the White Rose oilfield. The company holds six additional licenses in the Jeanne d'Arc Basin and anticipates drilling a second well in late 2002 or in 2003.

"The East Coast is a core growth area for Husky. The Terra Nova development and the White Rose project are important milestones for Husky. Husky is the largest license holder in the Jeanne d'Arc Basin, and we are pleased to be moving forward with exploration in this area," said John C.S. Lau, President and Chief Executive Officer of Husky Energy. Husky Energy has signed a drilling contract with GlobalSanteFe International (Canada) Drilling Company for the Trepassey well. Under the contract, Global will provide the semi-submersible drilling rig Glomar Grand Banks. Drilling is expected to commence in the third quarter in the third quarter. The well will be drilled to a total depth of 10,170 ft.

Maritime Reporter August 2014 Digital Edition
FREE Maritime Reporter Subscription
Latest Maritime News    rss feeds

Offshore

N-KOM Lays Keel for Qatar’s First Liftboat

Nakilat-Keppel Offshore & Marine (N-KOM) has achieved another milestone with the keel laying of its first liftboat newbuild project, awarded in July 2014 by long-time

Master Fined After Wind Farm Collision

The master of a wind farm support vessel has today been made to pay £3,000 in fines and costs after pleading guilty to breaches of maritime collision regulations.

Bureau Veritas Diversifies with MatthewsDaniel Acquisition

Bureau Veritas announced today that it has acquired MatthewsDaniel Ltd, a global provider of loss adjusting and risk assessment services for the offshore industry.

 
 
Maritime Contracts Maritime Security Naval Architecture Offshore Oil Pod Propulsion Ship Repair Ship Simulators Shipbuilding / Vessel Construction Sonar Winch
rss | archive | history | articles | privacy | terms and conditions | contributors | top maritime news | about us | copyright | maritime magazines
maritime security news | shipbuilding news | maritime industry | shipping news | maritime reporting | workboats news | ship design | maritime business

Time taken: 0.1031 sec (10 req/sec)