7 Feb 2012 07:00
Immediate Release
7 February 2011
Leni Gas & Oil PLC
("LGO" or the "Company")
Gulf of Mexico Drilling Update
Leni Gas & Oil plc today announces a short delay to the start of drilling operations at the Eugene Island Field ("EI-184") in the US Gulf of Mexico.
The current operator of the Ocean Columbia jack-up rig at Eugene Island-51 has had difficulty in withdrawing the legs from the seafloor. Silt jetting and dredging operations are ongoing to free the legs so that they can be raised in order to allow the rig to be towed to the new location. Once the legs have been successfully retrieved the rig will be released by the current operator and moved approximately 55 kilometres to the EI-184 platform to commence operations on the planned A2ST01 sidetrack.
This delay has no cost implications to LGO and its partners in EI-184. A further update will be provided once the rig has been mobilized to EI-184.
Enquiries:
Leni Gas & Oil plc
David Lenigas Neil Ritson | +44 (0)20 7440 0645
|
Old Park Lane
Michael Parnes Luca Tenuta | +44(0) 20 7493 8188 |
Shore Capital
Pascal Keane +44 (0) 20 7408 4090
Jerry Keen (Corporate Broking)
Pelham Bell Pottinger
Mark Antelme | +44 (0) 20 7861 3232 |
Henry Lerwill |
Beaumont Cornish Limited
Rosalind Hill Abrahams Roland Cornish | +44(0) 20 7628 3396 |