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Hyperdynamics’ Guinea drilling delayed, 3D seismic interpretation begins

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Offshore staff

HOUSTON – A 4,000-sq km (1,544-sq mi) deepwater seismic acquisition program offshore Guinea is in processing with first results expected this March. CGGVeritas’ Ocean Endeavour collected the data for Hyperdynamics Corp.

Hyperdynamics’ Sabu-1 exploration well, meantime, is delayed for repairs to drilling equipment. The well is at a TD subsea of 2,224 m (7,297 ft). The target depth subsea is 3,600 m (11,811 ft) to test upper Cretaceous sandstones.

Hyperdynamics operates the Guinea concession with a 77% participating interest, with the remaining 23% held by Dana Petroleum, a wholly owned subsidiary of the Korean National Oil Co. The well is operated through AGR.

01/23/2012

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