Sea Lion

Oil & Gas

Hibiscus Petroleum spuds Sea Lion well

26/10/2015

Hibiscus Petroleum has spudded the Sea Lion well after the project was delayed. The company’s subsidiary, Carnarvon Hibiscus, said the West Telestro drilling rig arrived at the site last week following a 196-mile tow from its original location. The planned total depth of the well is 1,800metres with the exploration well expected to take up to 30 days.

Oil & Gas

Hibiscus Petroleum to spud Sea Lion-1 well later this month

16/10/2015

Hibiscus Petroleum said the West Telesto drilling rig has been demobilised from its previous assignment and will be handed to its subsidiary next week. The spud date for the Carnarvon Hibiscus Ltd (CHPL) operated Sea Lion-1 exploration well is expected by October 25th with the overall programme expected to take up to 30 days.

Oil & Gas

Sea Lion-1 exploration well faces further delays

29/09/2015

The Sea Lion-1 exploration well is facing further delays due to continued weather conditions preventing the handover of the West Telesto rig from its current operator. Hibiscus Petroleum is currently awaiting handover of the jack-up from Origin Energy in the Gippland basin. 3D Oil said the hold-up was not at the material expense of the joint venture and was also not due to the performance of the rig or other operational factors.

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