Kuala Lumpur: Hibiscus Petroleum has announced that its subsidiary, Carnarvon, has progressed the plan to commence drilling operations offshore Australia in June 2015.
Carnarvon will use the Seadrill West Telesto rig for the drilling work at the Sea Lion exploration well, which is estimated to take up to 30 days.
The Sea Lion exploration well has estimated prospective resources of between 11m to 15.3m barrerls. [11/02/15]
