Vietnam: Salamander Energy Moves Aquamarine Driller Jack-Up to Cat Ba-1X Prospect

 

Salamander Energy today announced that the Aquamarine Driller jack up rig (owned by Vantage Drilling Company) that will be used to drill the Cat Ba-1X prospect in Block 101/100-04, Offshore Northern Vietnam, is due to imminently commence mobilisation to the well site.

The Cat Ba-1X well is expected to spud before the end of July 2011.

 James Menzies, Chief Executive Officer of Salamander Energy, said;

Focus of the drilling programme now moves to offshore Vietnam with Cat Ba, a 100 MMbbl oil prospect, expected to spud later this month.”

Salamander Energy plc recently announced that it has executed an agreement to farm-out a 20% interest in Block 101-100/04, Offshore Northern Vietnam to JX Nippon Oil & Gas Exploration Corporation (“JX-NOEX”).

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July 15, 2011; Image: Vantage Drilling