UK oil and gas exploration company Corallian Energy has entered into a letter of intent with Ensco for the provision of a jackup rig to drill at its Colter and Wick wells.
Drilling operations are scheduled for the third and fourth quarters of 2018, although it was not revealed which rig will be utilised for the project.
Colter is located 2km south of the Wytch Farm onshore oilfield while Wick is located in the Inner Moray Firth Basin.