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Infos Business of Friday, 1 July 2016

Source: cajnewsafrica.com

UK train rig ships for Cameroon drilling

Victoria Oil & Gas plant Victoria Oil & Gas plant

VICTORIA Oil & Gas, the United Kingdom firm, announced its train rig had shipped to Cameroon ahead of drilling activities in the Central African country.

The equipment has arrived by ship to Douala port and the 2,756 tonnes of bulk load and containers have been offloaded and are ready for customs clearance.

The new rail-mounted drilling platform for both a twin and step-out well will be located at the existing Logbaba plant and well site, approximately 13km from the port. VOG's wholly-owned subsidiary Gaz du Cameroun's ("GDC") schedule is to commence drilling in the third quarter and complete drilling by the end of 2016.

GDC is preparing to drill two wells into the onshore Cameroon Logbaba Field to supplement the two existing Logbaba production wells

"The drilling rig has arrived in Douala port and we plan to commence drilling at the Logbaba site as soon as practicable," said VOG Chief Executive Officer Ahmet Dik

The wells are required to meet the growing market demand for Logbaba gas.