Kan Tan IV semi arrives in Trinidad

The Kan Tan IV semisubmersible, under contract to Canadian Superior Energy Inc., arrived earlier than expected in Trinidad on May 28. Towing time from Brownsville, Texas, took less than 18 days, the company says.

Offshore staff

CALGARY, Alberta -- The Kan Tan IV semisubmersible, under contract to Canadian Superior Energy Inc., arrived earlier than expected in Trinidad on May 28. Towing time from Brownsville, Texas, took less than 18 days, the company says.

TheKan Tan IV was anchored in the Port of Chaguaramas in Trinidad, where it is expected to take on supplies while drilling preparations are finalized for Canadian Superior's multi-well drilling program. Drilling is expected to begin by mid-June.

"It's very rewarding to see this project reach this stage and to see theKan Tan IV arrive in Trinidad earlier than expected. It has taken a great deal of hard work and support by many people, including our staff, to reach this point," Greg Noval, Canadian Superior chairman, says. "We look forward to working further with SINOPEC and Maersk and our financial partner, Challenger Energy Corp. on this exciting multi-well project."

Canadian Superior contracted theKan Tan IV semisubmersible drilling rig to drill a three-well program on separate and distinct large natural gas prospects approximately 60 mi (96.5 km) off the east coast of Trinidad.

6/1/2007

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