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Guinea: First of two offshore wildcats spudded

Hyperdynamics Corp., Houston, has spudded Sabu-1, the first of two wildcats on its 25,000 sq km concession off Guinea.

The Jasper Explorer drill ship is to take the well to 3,600 m in 700 m of water to evaluate a four-way anticline oil prospect in Upper Cretaceous sands. The vessel will then move to drill Baraka-1.

Hyperdynamics is operator of the concession with 77% interest, and Dana Petroleum PLC, Aberdeen, a subsidiary of Korea National Oil Corp., has 23%.


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