Malta offshore drilling fails to deliver

Genel Energy says it will P&A its first exploration well offshore Malta.

Offshore staff

LONDONGenel Energy says it will P&A its first exploration well offshore Malta.

The Hagar Qim-1 well on the Area 4 license was drilled to the Eocene with no indication of hydrocarbons.

TheNoble Paul Romano rig will next drill the Nour prospect for Genel on the Sidi Moussa block offshore Morocco, targeting prospective resources of 300 MMbbl.

Drilling is expected to start in August and take two to three months to complete.

In Angola’s deepwater block 39, the drillshipStena Carron has spudded the Dilolo-1 exploration well (Genel 7.5% working interest). Here drilling could last up to five months.

07/03/2014

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