PETALING JAYA: Hibiscus Petroleum Bhd has announced that its unit, Carnarvon Hibiscus Pty Ltd (CHPL), has signed a rig share agreement with Origin Energy Resources Ltd for the drilling of an exploration well located offshore Australia.
In a statement, Hibiscus said that under the agreement, CHPL would assume the services of the Seadrill West Telesto drilling rig, an independent leg cantilever jack-up rig, to spud and drill the Sea Lion exploration well after Origin’s drilling activities.
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