Transocean to drill for StatoilHydro at Mizzen offshore Canada
2008.03.11 -
Company News
The Mizzen prospect is located in block EL 1049 in the Flemish Pass Basin offshore Newfoundland and Labrador in 1,100 metres water depth.
StatoilHydro has signed an agreement whereby Husky Energy will participate in the exploration well. Under the agreement Husky Energy will earn a 35% interest in Mizzen.
"We are very excited about starting drilling operations offshore Canada," says Geir Jøssang, head of StatoilHydro Canada. "Canada is becoming an important contributor to StatoilHydro’s international portfolio,” he adds.
StatoilHydro just signed a rig sharing contract with Petro-Canada and Husky, bringing the Transocean-operated Henry Goodrich rig to the east coast of Canada. The rig is expected to arrive in Newfoundland this summer.
“The Flemish Pass Basin is a new and almost unexplored area on Canada’s east coast,” explains Johan K. Mikkelsen, head of StatoilHydro’s offshore business in Canada. “We are already participating in production from the Terra Nova and Hibernia fields and we have learned a lot from our partners in the 12 years we have been in Canada, and now look forward to preparing for our own drilling operations here,” he adds.
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