Sedco Express rig at Camac’s Oyo field (Nigeria)

Exploration & Production

CAMAC Energy Inc. announced today that the semi-submersible drilling unit, Sedco Express, has arrived to the Oyo Field located in OML 120 offshore Nigeria.

CAMAC has contracted the Transocean Sedco Express to expedite the timing of production tie-in from the Oyo-7 and Oyo-8 development wells.

The Sedco Express is under contract for use on up to three wells and the Company intends to use the rig to complete the Oyo-7 and Oyo-8 wells horizontally.

The company has said it is thinking of  using the rig to drill the Company’s first Miocene-target exploration well.

The Sedco Express is an ultra deepwater, semi-submersible drilling rig built in 2000.