"Since the drillship arrived on location we have completed the project mobilisation effort and successfully set the 36 in. conductor casing into the seabed in 2897 m of water depth. The hole for the surface casing has been drilled 723 m to a depth of 3620 m. We are preparing to set the 20 in. casing when we have drilled to a depth of 3814 m," said Ray Leonard, President and Chief Executive Officer of Hyperdynamics.
"We are very excited to begin exploring the high-potential Fatala deep water prospect. We believe this exploration campaign has the potential to unlock significant value for our company and our shareholders," Mr. Leonard added.
Hyperdynamics is 50 - 50 partners in this exploration project with SAPETRO, an African focused privately held oil and gas exploration and production company with a portfolio of high-quality assets in West and East Africa.
