Industry reports have confirmed that as of 18 September 2012,...

Industry reports have confirmed that as of 18 September 2012, the "Noble Clyde Boudreaux" Mobile Offshore Drilling Unit (MODU) was enroute to a location in WA-384-P licence where it is understood to be contracted to drill the Palta-1 exploration well for Shell Development (Australia). Industry estimates are that spudding of the Palta-1 well is likely to occur by the end of September 2012. The Palta-1 well is expected to take approximately 60 days to drill.