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Drilling rig Petrolia is soon due in Irish waters in April 2007
2007 Drilling Programme
In recent days, Island executed a further drilling contract with Petrolia Drilling Limited for the provision of the semi-submersible drilling unit “Petrolia” in 2007. The contract is for a 150 day drilling programme. It is currently anticipated that the 2007 drilling programme will be primarily focused along the Atlantic Margin off the west coast of Ireland, subject to the necessary regulatory consents being granted, but further details of the programme will be announced during the coming months. The remainder of the programme remains flexible in order to allow for possible appraisal drilling based on a potentially successful outcome to the 2006 drilling campaign. In addition, Island is reviewing the opportunity to progress potential new international ventures in Northwest Europe and North Africa which are currently being evaluated.
Further details in relation to the 2007 drilling programme will be announced in the coming months.

Read background to Petrolia

Posted Date: 
3 March 2007 - 1:50pm