Benin: AGR well for Hunt Oil
Issue 289 - 20 Nov 2014
AGR Well Services is marking its 40th well in Africa, with the late October spudding of a well on offshore Block 2 for US independent Hunt Oil. Hunt signed a new exploration permit for the 1095km2 block in 2013 alongside previous operator Archean Benin Energy, a subsidiary of Century International Oil & Gas Corporation, and Société Beninoise des Hydrocarbures. The permit has an initial period of three years, renewable for one year. The drilling contract, awarded to AGR in July, is for one firm well, plus one future option well.
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