Ocean Rig Poseidon got a one-well contract from Chariot Oil & Gas (OTCPK:OIGLF) offshore Namibia. Currently, the rig is scheduled to work for Tullow in Namibia in the third quarter of 2018. The new job comes in direct continuation of Tullow work.
Ocean Rig received a letter of intent from a European major for a firm two-well program and two optional wells offshore West Africa. The contract will be performed by Ocean Rig Poseidon after it finishes the work for Chariot Oil & Gas.
Obviously Ocean keen to highlight their progress in a suppressed market
Equally the European Major doesn't want to be named nor the destination revealed and is just a letter of intent currently
I would be very surprised if Ocean were to take the Poseidon away from Namibia as ECO and Azinam were probably next in line
Looks like someone has jumped the queue, Tullow and Chariot both have an additional well option, there would be more than enough time to shoot 3D seismic over Gemsbok
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