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December 9, 2013
08:08 EDTCAKCAMAC announces drilling rig contract
CAMAC Energy announced that CAMAC International Limited has signed a letter of intent regarding terms and conditions of a long-term drilling contract with Northern Offshore for the drillship Energy Searcher. Both parties are working towards executing a definitive drilling contract on or before December 31. The rig is expected to be delivered to the Oyo Field offshore Nigeria in OML Block 120 in the first half of 2014 to commence drilling and completion activities. The signed letter of intent provides for an initial contract period of one year, with an option to extend the contract for an additional one-year term.
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April 8, 2014
09:47 EDTCAKHouse Natural Resources Committee to hold a hearing
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