Last checked at (Sharecast News) - Nigeria-focussed oil and gas exploration, development and production company San Leon Energy said on Friday that its investee company Decklar Resources had contracted a drilling rig for re-entry and testing operations on the Oza-1 well.
The AIM-traded firm said mobilisation was expected to begin next week.
It said camp and logistics equipment required for the well re-entry was currently being staged on site.
Long-lead equipment items required to test and complete the Oza-1 well re-entry had been ordered, it added, with service contractors sourced and secured.
"We are pleased with the progress being made and look forward with anticipation to the commencement of Oza-1 re-entry operations, testing, completion, and initial production at the Oza Field," said Decklar chief executive officer Duncan Blount.
"These initial operations at the Oza Oil Field represent a milestone culminating from considerable effort and preparation for the initial development activities at the Oza Oil Field with [our partner] Millenium."
At 1318 BST, shares in San Leon Energy were up 0.63% at 40p.
21 Sep 2014 18:48
Sunday newspaper round-up: Lloyds, Marks&Spencer, Oil explorers
Lloyds Banking Group is considering moving its legal home to England from Scotland even after the Scots voted against leaving the UK, the Mail on Sunday reported. Lloyds had said it would move if Scotland voted to leave the union but has only said it would keep "a significant presence" in Scotland a
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