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Atwood Southern Cross to Spin Bit at Sambuca Offshore Tunisia.


Summary: AuDAX Resources announced that Atwood Oceanics has been selected as the successful bidder to provide Drilling Rig Services for the deepwater Sambuca sam·bu·ca 1  
n.
An ancient triangular stringed instrument.



[Greek sambk
 prospect in the Kerkouane permit offshore Tunisia. Atwood will be providing the Atwood Southern Cross semisubmersible sem·i·sub·mers·i·ble  
n.
A seagoing, self-propelled barge that rides at anchor, stands on partially submerged vertical legs on submerged pontoons, and serves as living quarters and a base of operations in offshore drilling.
 offshore drilling unit to conduct the work program.

AuDAX Resources announced that Atwood Oceanics has been selected as the successful bidder to provide Drilling Rig Services for the deepwater Sambuca prospect in the Kerkouane permit offshore Tunisia. Atwood will be providing the Atwood Southern Cross semisubmersible offshore drilling unit to conduct the work program.

The technical and commercial evaluation results were approved by ETAP eTAP Electronic Teaching Assistance Program
ETAP European Technology Acquisition Programme
ETAP Entrepreneurial Technology Apprenticeship Program
ETAP Entreprise Tunisienne des Activites Petrolieres
ETAP Expanded Technical Assistance Program
 (Enterprise Tunisienne D'Activites Petrolieres) in Tunis.

Subject to signing a final agreement and receiving respective government approvals, AuDAX expects to drill the Exploration well to test the Sambuca prospect in the preferred weather window of summer 2010.

The Sambuca prospect appears to be one of the largest undrilled structures in the Mediterranean Sea with a total P50 recoverable resource potential of 270 million barrels of oil equivalent.

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Publication:UMCI News (Potomac Falls, VA)
Date:Nov 16, 2009
Words:181
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